- For trade FOREX Broker recommend choosing a Metatrader 4 (eg Forex4you dealing center - on terms of the action, 25% accrues to the account!)
Traded instruments: EURUSD, time period: H4
On the schedule set indicator: Accelerator Oscillator (built-in Metatrader 4 - AC Bill Williams)
Terms of the transaction on the Forex Magic shift strategy:
We conclude a deal only when you open a new H4 candle, looking at the Accelerator Oscillator 61 bars ago. That is, the transaction should be the reverse signal from the 61-bar ago:
1) a long position (buy) after the close of the 61 th and at the opening of the 62nd bar, if the Accelerator Oscillator indicator on the specified parameter bar is negative,
2) short (for sale), after the close of the 61 th and at the opening of the 62nd bar, if the Accelerator Oscillator indicator on the specified parameter in a positive bar.
IMPORTANT:
Always only one position should be open, or you are long or short trade deal.
When the reverse sign Accelerator Oscillator indicator changed - open a reverse transaction.
Stop-loss orders and no harnesses type of limit orders in the forex strategy is not installed ... WARNING - if it is contrary to your trading rules - do not trade on the strategy! ! !
Take-profits in the forex strategy Magic shift, just not installed!
ADDITIONAL RECOMMENDATIONS:
1) For hedging its deposit position of the signal bar (in this case the 61 th) need from time to time (about 1 every 3 months) cross-check, in case if he suddenly for some reason no longer work or will be, for example, not the 61 th and 59 th or 63 th (this is possible, but not necessarily).
2) It is possible to trade forex on the strategy and on other currency pairs, but their bar position is not much different. The exact value is no, but the pound-dollar it about 59 minutes to the pound-yen - approximately 64 minutes. (These values are not yet accurate - being tested ...)
3) on the strategy was written and optimized Magic_shift adviser. It added additional filters and settings, not to change the essence of the trading system, but would help to reduce the drawdown and increase profitability by Magic shift strategy!
Wednesday, September 23, 2015
Forex Strategy Magic shift
Forex Strategy Magic shift - is another very, very simple TS, which at first glance do not understand how can bring at least some income, because Founded only on the testimony of one indicator - Accelerator Oscillator, displaced in time ... But nevertheless the fact remains - a working strategy and not only brings a steady income and a very good (report of the adviser to look at the end of forex strategy)!
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