Forex Strategy Trend Reversal - simple bezindikatornaya and not only multi-currency trading system for D1 interval, whose author is a regular visitor of this site - a string Alexander
Presented below trading system is somewhat similar to the strategy forex "10 points on the EURUSD», which we have already discussed on this website.
The main difference between the strategy: break-out order we put out the candle, depending on the type (bullish and bearish), that this condition allows us to filter out previously considered unprofitable orders strategies (where the breakdown orders are placed by the two boundaries of the day).
Because price often does not want to go on with the trend, but only updates the extremum of the day, and rolls back up to the turn. Breakout orders that occur against the trend is generally much more confident and get a profit on such orders is much easier, and as evidenced by the statistics on this strategy.
The algorithm Trend Reversal strategy, we never sell on the daily trend, azhdёm sharp turn for the next day. For example, if the day zakryvaetsyasvechey with a white body, we place the next day only Sellstop warrant under the border the previous day candle with some deviation. To bearish candle opposite situation. This condition filters out very large number of loss-making orders Strategy "10 points on the EURUSD», since breakdowns mostly occur on the trend and they are not always swift, and the purpose of many of them simply rewrite a maximum of the last of the day, followed by roll back down.
For example, we consider a strategy based on the currency pair EURUSD:
1) wait until the closing day candles!
2) Check the main parameters:
the size of the daily candle on EURUSD should be more than 40 points (for the 4-digit brokers) - distance from high to low candles (tails)
the minimum size of candle body must be> 0 for the pair EURUSD (for other currency pairs the body must be more)
3) If the settings are daily candle closed satisfy us, then:
If the candle is bearish - in this day set only order buy-stop!
If the candle is bullish - that this day set only sell stop order!
Moreover, the deviation of the order: -5 points (the order is opened by 5 points earlier than the price suitable to the extreme of the last day)
Please note that this deviation in a different currency is different: it can be negative (as the euro), or positive.
4) After that, set a pending order on a safety order - a stop-loss at a distance of 20 points (for a 4-plate, this value is 10 times more for "pyatiznaka")
And take profit order at a distance - 21 points.
Of course the ratio of stop-loss / profit is almost 1 to 1, but as the author, the stop-loss is on average 2 times less profit, thanks to filters strategies. And I draw your attention that not all currency pairs (which is a trade stop loss and profit are the same, there is a pair of good-value profit / loss, where a stop is several times less profit).
5) If the end of the trading day, and therefore the closure of the daily candle warrant is not activated, then delete it.
6) If the order did not have time to close on the TP or SL position and transferred to the next trading day, the new pending order was not present.
Переводчик Google для бизнеса –Инструменты переводчикаПереводчик сайтовСлужба "Анализ рынков"
