FOLONY

this version of the countertrend strategy trades using a four hour RSI_14 and a hourly fibonacci pivot point configuration. When RSI is below 40 and price is between fibonacci pivot support 2 and support 3 the strategy will buy, countertrending the market sentiment for a small profit or bounce. Sell is vice versa. In version 3 I rely on a number of trades going my way and booking profit in a row to accumilate bankroll. If the trades happen without drawdown I keep my bonus too. Lot amount is set at 42 so will increase on every trade.
Version: Date: Status: Description:
1 31.10.2015 Not running this version of the countertrend strategy trades using a four hour RSI_14 and a hourly fibonacci pivot point configuration. When RSI is below 40 and price is between fibonacci pivot support 2 and support 3 the strategy will buy, countertrending the market sentiment for a small profit or bounce. Sell is vice versa. In version 3 I rely on a number of trades going my way and booking profit in a row to accumilate bankroll. If the trades happen without drawdown I keep my bonus too. Lot amount is set at 42 so will increase on every trade.
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