TemaCrossM

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This is a very risky Martingale Strategy and it is not recommended to use it for Live Trading!!! The strategy is based on TEMA crossover, with time periods of 10 and 50. When TEMA 10 crosses TEMA 50 from downside a buy position will be opened and vice versa. Trade Amount is 1 million on USD/JPY. The selected period is 1 min. The strategy uses the hourly SMA 10 indicator for trend control and the hourly and 1 min RSI 14 indicator to check limits for trading. Stop Loss and Take Profit are set to 5 pips. After every closed position with loss a new position will be opened in the opposite direction in the following mode: On first reaction the trade Amount will be multiplied by 3 with Stop Loss and Take Profit 5. The second reaction is a position with the same trade amount as the last closed position, but with SL and TP 20. The third reaction is to open another position with trade amount 3 times bigger as the position before and the same SL and TP. On forth reaction the trade amount remains the same and SL and TP are set to 50. The fifth reaction is to open the nest position with trade amount 2.1 times bigger as the position before and the same SL and TP. Every next reaction is like the fifth reaction and this work goes on until a position is closed on TP.
Version: Date: Status: Descrizione:
2 26.02.2018 Executed TemaCrossM
1 26.02.2018 Not running TemaCrossM
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