About the strategy, the signals are acquired using RSI, ATR, and SMA
(200, 50, 20, 10) to define the trend and be the base to set SL and
TP, the amount to trade is defined by equity percentage (above >= 2%
) should be set as a parameter. When equity is below the start equity
this strategy will use a fixed TP (20 PIPS), and the SL remains the
same based on ATR. To improve the strategy I starting to use custom
trailing in my SL, this help to not close in loss after reaching 30
pips, it looks like a breakeven, but continuous following the trade
every each 5 pips until reaching the TP or the price reverse and reach
the stop loss.
I had registered the biggest drawdown, when run on a test environment,
then you can be expected 80% or more over the equity can be drawn
down. The strategy will stop when equity is equal to 10 times the
start equity.
Copyright claiming: This strategy is covered by Strategy Disclosure
Policy from Dukascopy on 26052022.