| Version: | Date: | Status: | Description: | ||
| 1 | 02.05.2019 | Not running | M_2 trading strategy trades on EUR/USD and it does not use any indicators. The main idea of this trading strategy is derived from the trading times of the eight largest financial centers in the world that are lumped into three sessions known at the Asian, European, and North American sessions. Market conditions required to trigger buy or sell position are based on the direction of the last few hourly candles and volatility levels in the last 6, 8, 14, 17 and 23 hours. To close positions, two approaches are used. By first one, position is closed if a trading signal for opposite position is trigered. Second approach uses direction of the last hourly candle and current profit in pips. If the market is going up in the last hour and a short position is opened, trade is closed if profit in pips is higher than 10, and vice versa for long positions. Stop loss level is dependent on the market volatility in the last 11 and 22 hours and it ranges from 30 to 70 pips. Take profit order is fixed at 100 pips. The calculation of the trading volume is made on the basis of the indicated amount in the parameters AccountEquity and Acc_leverage according to the following formula: Lot(trading volume) = AccountEquity*Acc_leverage/1000000. Leverage value is set to 30. | Download | |
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