SircrisVF201504

The strategy is based on identifying overbought and/or oversold moments for the market entry. To do this, momentum indicators like RSI and ADX are used. At the same time, it is verified that the market in the long and medium term has a compatible trend with the entry type (BUY/SELL), for this purpose different moving averages are used with varying timeframes (1 hour, 4 hours & daily). The strategy is multi-instrument, this version is using the EUR/JPY & EUR/USD pairs (plus GBP/USD in the second strategy, see below), but future versions could use more & different pairs. The strategy uses money management to determine the trade volume, but allows the entry of a fixed volume thus disabling money management. The strategy is selective in terms of the time to trade. This version includes a second strategy inside the main strategy, it is a trend strategy on the GBPUSD pair and uses Mov average (H1), RSI and the last candles to trade following the trend, it trade only when the main strategy does not trade, is symmetric of course, but is very strict and could do very little or even no trades during the month, the SL:TP ratio of this strategy is 9:5. Finally, the strategy also uses a martingale to try to recover from a loss. The StopLoss:TakeProfit ratio of the main strategy is 9:1 except if the martingale is used. The version 2 fixes a bug in the trade time range. The strategy was designed exclusively for the Dukascopy Strategy Contest in April 2015, so will not work correctly in a different period. Remember that the use of a copied strategy violates the (4.d) section of the official contest rules (RCR).
Version: Date: Status: Description:
3 09.05.2015 Not running SircrisVF201504  Download
2 19.04.2015 Not running SircrisVF201504  Download
1 31.03.2015 Comp. error SircrisVF201504  Download
sircris avatar
sircris 21 Apr.

The "partial fill" procedure don't have sense in a demo account. But, also, in this situation the "automatic" partial fill affect to the next trade too and this shows that partial fill could be very dangerous in a real account. The twenty-second trade must be by 6.57 lots (BUY in the EURJPY pair at 21:00:00) (NOT 0.74 lots) and the next, a "SELL" trade in the "EURUSD" pair by 6.67 lots at 23:54:57 (NOT 6.58 lots buy in the EURJPY pair). You can prove this by testing the strategy in the 20.04/22.04 range (The attached images are precisely this test).

sircris avatar
sircris 21 Apr.

Apparently, and I have to speculate, the partial fill left open a part of the original EURJP trade. Then, when the strategy sends the order to sell EURUSD at 23:54:57, it is changed by the rest of the old trade that was cut short by the partial fill. If this happens in a real account is very serious. I would advise you to check carefully this "help" I am giving you, as it may cause a serious problem in a real account.

sircris avatar
sircris 21 Apr.

I uploaded the test images, but it seems that upload images not work, anyway anyone can test this by testing the strategy in the range (20.04 / 22.04) with 197.000 USD as balance (the actual balance at that moment).

sircris avatar
sircris 9 May

Version 3 contains the names change of all the variables upon request from JForex contest team, and a modular design for a better understanding of the strategy by the observer (a description of the functionality of each module is provided through a personalized note).

orto leave comments


(few words about added changes)

(example: 1.1, beta, alpha)