VOLATILITYJUL20 - VER1 based on tick price action. This is
my first strategy that has no indicators. It was built in Visual
JForex and has the following logic:
It read ticks for a difference between last and previous ticks that is
more or equal to 1pip and a spread of 0.3 pips.
Instrument - GBP/USD.
Thus if lastTick>PreviousTick on 1 or more pips and current spread is
0.3 we BUY.
If lastTick is less than PreviousTick with the same condition - SELL.
These settings were found as a result of visual research of tick
patterns!
Normal Mode:
Money Management: SL is 32 and TP is 14 and Trailing is 12 pips.
Amount - 5 lots. It has a Martingale method that doubles the amount of
each loss.
Each hour it checks the ProfitLoss in order to close a position in at
least 2 pips of profit.
Every day we have only 1 positive order then wait till the next day.
If the order closed in a loss, we trade again with martingale until
all losses will be covered up.
Ver3 Differs from the first with some certain points.
Filter all Sunday Signals.
Start amount 4 lots.
If catching SL, all signals reverse. If Was Buy, now become Sell. Vise
versa.
Normal mode.
SL40, TP 40. Trailing 10 pips.
Recovery Mode:
Recovery starts when the first order of the day catches Loss. In this
case, SL is 20, TP is 100, and Trailing is 15 pips. Also, we make each
following signal opposite to its origin. Thus when BUY signals we
sell, when SELL we open long.
Then on Daily candle, it checks if the last balance was covered up and
switches to normal mode, and closes a Profitable order.