candles4Dec

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(Trading Logic. Where and how strategy trades. Its uses past 4 candles to make logical trades.Upon satisfying the the condition =>if(close1>open1 & close 2>open 2 & close3>close3 & close4>copen4 & close4>open0 ) =>then buy equal or more than 2.5 million EUR/USD with 7 pips take profits and stoploss 26. else sell equal or more than 6 million EUR/USD with 7 pips take profits and stoploss 999.) (Description of patterns that i am trading. Candles has been used to identified short term trend.4 past candles are used to look up recent trend and trigger buy or sell according to trend.) (Description of indicators Currently not using any indicators but in future i can add indicators to improve strategy.) (Time frames This strategy is designed for intraday trading and that's why 10min time frame has been chosen.) (currency pairs EURO AND USD are two currencies which are traded globally with high volumes and very popular among many trader, thus chosen it.) (Take Profits and Stoploss Range of pips is very small in 10 minutes time frame and that's why Take profits of 7 pips has been settled in this strategy. Basically this strategy used trend to find possible orders and in my experience trend is like friend and all traders trade with trend and generally not put stoploss,so chosen 999 sl(can be 0 also) ) (Other settings Not other setting has been put in this strategy but can be update in future.)
Version: Date: Status: Description:
3 07.01.2015 Executed candles4Dec  Download
2 01.12.2014 Executed candles4Dec  Download
1 30.11.2014 Executed candles4Dec  Download
sukeshroy avatar

@anonymously
have u done backtesting this strategy and if done provide me some screenshots or proofs that it claims the back-testing result is not adequate and not similar to the live trading results for January.

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