The main condition for this strategy - to know and to successfully apply the rules of Money Management.
Since September 2014 to 1 March 2015, it points prineslazavorazhivayuschie 4400 !!! points (four broker). However, it is better to rely as a percentage of the initial deposit at risk on each trade is 2 percent. In this case, for the same period, we would get + 186 percent, ie an average of 30% per month. Maximum drawdown 400 points (16%).
Currency pair - GBP / JPY
Time interval - H1
It takes only one indicator - fractals Bill Williams (Fractals)
Terms and conditions for transactions of forex "Insomnia" Strategy:
After the opening of the new trading day, we are waiting for the formation of the first of fractals on each side. At the maximum / minimum each of the fractal candles set the order aside on the breakdown of the fractal. Once the order is activated, the opposite order is removed.
Options transactions for the purchase:
1) There was a first fractal above. Above this the candles, taking into account the spread establish order buy stop (wait for the formation of the bottom of the fractal is not necessary).
2) Stop-loss is 50 points.
3) Take-profit is 200 points
4) After passing the 50 points in the positive zone deal translate into the black.
After passing 100 points in the deal put a trailing stop of 50 points.
Transactions on sale in "Insomnia" Strategy:
1) There was the first day of the fractal below. Under this candle set, taking into account the spread order sell stop (wait for the formation of the upper fractal is not necessary).
2) Stop-loss is placed at a distance of 50 points.
3) Take-profit is placed at a distance of 200 items
4) After passing the 50 points in the positive zone deal translate into break even, that is, in a zero (opening of the transaction point).
5) After a deal of 100 points translate into a trailing stop of 50 points.
Current transaction (if they are not closed yet) do not interfere with the opening of a new day on the same conditions to enter the market.
After 12:00 GMT (14:00 Kiev, 15:00 Moscow, 16:00 Samara, Ekaterinburg 17:00 18:00 Omsk, Krasnoyarsk 19:00; 20:00 Irkutsk, Yakutsk 21:00; 22:00 Vladivostok ) input is not performed, ie, cancel all orders and wait for the next day.
