Description:
VScalp3_3_April2016 is a momentum scalping strategy. It opens a
long position when CCI(14) closes above 200 and a short position when
CCI(14) closes below -200. The strategy opens one position per
trading day (Monday to Friday). It may skip one trading day (usually
NFP day) per month. It trades only when spread is lower than or
equal to
2 pips. The strategy uses EUR/USD currency pair on 1 Min
timeframe. SL is set at 55 pips, TP at 2 pips. Trade amount is
calculated as follows: amount = Equity / 10000 /
LastBidCandle.CandleOpen * 50 / defaultStopLoss - 0.1. The strategy
validates margin before weekend leverage comes into force and closes
a position if necessary.
Input parameters:
Name Value Description
defaultInstrument EUR/USD Instrument
defaultSlippage 2 Slippage (pips)
defaultStopLoss 55 Stop loss (pips)
defaultTakeProfit 2 Take profit (pips)
defaultPeriod 1 Min Time period
startDay 2 Week day to start trading
endDay 6 Week day to end trading
skipDay 1 Month day to skip trading
startHour 9 Hour to start trading (GMT)
endHour 15 Hour to end trading (GMT)
maxSpread 2 Maximum spread (pips)
cciValuePlus 200 LONG position condition
cciValueMinus -200 SHORT position condition