CONCEPT:
SET BUY ORDER ON EMA100 IF EMA30 CROSSED HIGHER AND H1 OPEN PRICE IS >
BUTTERWORTH xN PERIODS
SET SELL ORDER IN OPPOSITE CONDITIONS
WILL CUT RUNNING POSITION ON CONDITIONS REVERSAL
PROTECTIVE STOP LOSS 70PIPS
FIXED LOT SIZE 3 MLN
FIXED TP 25 PIPS DISTANCE FROM EMA100 (APROX 23PIPS FROM ORDER FILL
PRICE)
AUTO MOVE SL @ BREAKEVEN IF POSITION PROFITS > 16PIPS.
FIXED INSTRUMENT GPBUSD
THE BUTTERWORTH CALCULATION WILL BE WRONG AT THE BEGINNING OF MONTH
UNTIL IT WILL BE POSSIBLE TO USE NEW METHODS AND SET THE BASE PERIOD
AS NULL. NOT YET..
THE STRATEGY WILL CAUSE HEAVY LOSS ON TIGHT RANGE-BOUND PATTERNS
(AROUND 100PIPS) WHILE WILL BE EXTREMELY PROFITABLE ON TRENDS AND
LARGE RANGEBOUNDS (> 300PIPS)