MAY 2014

This is a price action strategy based on trend power with several if clause conditions and indicators that need to be meet in order for thestrategy to take a trade. I discoverd after a long & rigurous backtesting process that this strategy works best on high volatility pairs ,mainly crosses like GBP/JPY ;GBP/NZD;GBP/AUD,GBP/CAD and also have a great performance on the majority of JPY quoted pairs. Main engine of thisstrategy is that it open trades based on 2 types of setups Pin Bar & Inside Bar using also a crossover system comprised of 21EMA & 8 EMA for quidance .It works on 30 min &1 H time-frames but scans & search 4 different time-frames 30 min ,1h ,4h & 1D in order to find recent pin & inside bar that would provide the best entry posibble which complies with all conditions like: -Pin Bar & Inside Bar -21EMA & 8EMA crossover The Stop Loss is a fixed one set at 181 pips but the Take Profit is variable depinding on PR which is good and provide a higher profitability rate when we are in a breakout situation.Hours of functioning are between 07:00 & 22:00 GMT.This month the strategy will run on GBP/NZD .
Version: Date: Status: Description:
1 07.05.2014 Not running This is a price action strategy based on trend power with several if clause conditions and indicators that need to be meet in order for thestrategy to take a trade. I discoverd after a long & rigurous backtesting process that this strategy works best on high volatility pairs ,mainly crosses like GBP/JPY ;GBP/NZD;GBP/AUD,GBP/CAD and also have a great performance on the majority of JPY quoted pairs. Main engine of thisstrategy is that it open trades based on 2 types of setups Pin Bar & Inside Bar using also a crossover system comprised of 21EMA & 8 EMA for quidance .It works on 30 min &1 H time-frames but scans & search 4 different time-frames 30 min ,1h ,4h & 1D in order to find recent pin & inside bar that would provide the best entry posibble which complies with all conditions like: -Pin Bar & Inside Bar -21EMA & 8EMA crossover The Stop Loss is a fixed one set at 181 pips but the Take Profit is variable depinding on PR which is good and provide a higher profitability rate when we are in a breakout situation.Hours of functioning are between 07:00 & 22:00 GMT.This month the strategy will run on GBP/NZD .  Download
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