TheCURE - 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 and Price is less than Daily Open we BUY.
If
lastTick is less than PreviousTick and it's more than Daily Open
price
with the same condition - SELL. These settings were found as a result
of visual research of tick patterns! Normal Mode: Money Management:
SL
is 40 and TP is 30 and Trailing is 10 pips. Amount - 4 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 5 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. If catching SL, all
signals reverse. In this case, SL is 60, TP is 150, and Trailing is
40 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. Ver5. I changed TP to 100
in the recovery mode, also I set a check block on Hour basis, to
ensure that Order has TP and SL price