SircrisVFX201508

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 strategy was designed exclusively for the Dukascopy Strategy Contest in August 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:
2 01.08.2015 Not running SircrisVFX201508  Download
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