MinMax5mA

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It is a simple strategy designed to fallow the trend on five minute candle period. The currency pair is EUR/USD. The idea behind the algorithm is as fallows. A buy trade is executed when EUR/USD is forming higher highs on five minute candle period. For it the algorithm compares the current 120 candle period "High Maximum" value to the 120 candle period 'High Maximum" of 18 candle period back. If the current high Max value is greater than high Max value of 18 candle period back then the Higher High formation condition is considered fulfilled. After that to execute the trade the algorithm will check the CCI function values. A buy trade will be executed when the current 14 period CCI value calculated on the five minute candle period is greater than greater than -100 whereas the CCI value one period back was less than -100. Similarly A Sell trade is executed when EUR/USD is forming lower lows on five minute candle period. For it the algorithm compares the current 120 candle period "Low Minmum" value to the 120 candle period 'Low Minimum" of 18 candle period back. If the current period low Min value is lower than low Min value of 18 candle period back then the Lower Low formation condition is considered fulfilled. After that to execute the trade the algorithm will check the CCI function values. A sell trade will be executed when the current 14 period CCI value calculated on the five minute candle period is less than 100 whereas the CCI value one period back was more than 100.
Version: Date: Status: Description:
2 01.10.2017 Not running MinMax5mA  Download
1 01.10.2017 Not running MinMax5mA
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