CCIandFractals4hours

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Strategy uses CCI and Fractals as two indicators. Default instrument is GBPUSD. default amount is 5 mil. same as the limit set by trader contest. Take profit and stop loss are set at 27 pips and 25 pips. CCI uses 15 minute timeframe where as Fractal is based on 4 hours time frame to make it more accurate. CCI identifies if the market is in oversold or overbought conditions. Oversold condition for CCI is below -120 and overbought condition is for above 120. Fractals are used to open trade positions. for example, if there is a minimumfractal, strategy opens buy position. If there is maximumfractal, strategy opens sell position. But before opening buy or sell position, the fractal signal is filtered by CCI to confirm if the market is in oversold condition (for minimumfractal) and overbought (for maximumfractal) Strategy is good for ranged bound markets, performs well in consolidating market. Overall, strategy recovers from any losses incurred during high volatility. version 4 adds (CCIFractals version 3) to open more positions. The strategy is used as backup when CCIFractals4hour version is taking too long to open positions. CCIFractals version 3: Strategy uses CCI and Fractals as two indicators. Default instrument is GBPUSD. default amount is 5 mil. same as the limit set by trader contest. Take profit and stop loss are set at 27 pips and 25 pips. CCI uses 15 minute timeframe where as Fractal is based on 10 minute time frame to make it more accurate. CCI identifies if the market is in oversold or overbought conditions. Oversold condition for CCI is below -100 and overbought condition is for above 100. Fractals are used to open trade positions. for example, if there is a minimumfractal, strategy opens buy position. If there is maximumfractal, strategy opens sell position. But before opening buy or sell position, the fractal signal is filtered by CCI to confirm if the market is in oversold condition (for minimumfractal) and overbought (for maximumfractal) Strategy is good for ranged bound markets, performs well in consolidating market. Strategy has losing trade if there is too much volatility. But overall, strategy recovers from any losses incurred during high volatility. ||||Version 5 adds 4 hour CCI, with 120 and -120 as overbougt and oversold levels respectively. CCIFractals version 3 is removed because of too much drawdown. 4hourCCI is used to determine the longterm trend.||||Version 6 changes CCI 15 minute value to 1 hour and tp and sl are changed to 50 pips each, the position amount is changed to 100 million.
Version: Date: Status: Description:
6 29.07.2017 Not running CCIandFractals4hours  Download
5 14.06.2017 Not running CCIandFractals4hours  Download
4 14.03.2017 Not running CCIandFractals4hours  Download
3 05.02.2017 Executed CCIandFractals4hours  Download
2 31.01.2017 Executed CCIandFractals4hours  Download
1 30.01.2017 Executed CCIandFractals4hours  Download
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