Logic
Opening (Entry Signal)
Open a new long position at the beginning of the bar when:
logical group A is satisfied:
MACD* (Smoothed, Close, Simple, 26, 18, 15); the MACD line changes its direction downward; and
the Standard Deviation* (Smoothed, Close, 37) is lower than the Level 0,0003.
or logical group B is satisfied:
MACD* (Smoothed, Close, Simple, 26, 18, 15); the MACD line changes its direction upward; and
the Standard Deviation* (Smoothed, Close, 37) is higher than the Level 0,0003.
Open a new short position at the beginning of the bar when:
logical group A is satisfied:
MACD* (Smoothed, Close, Simple, 26, 18, 15); the MACD line changes its direction upward; and
the Standard Deviation* (Smoothed, Close, 37) is lower than the Level 0,0003.
or logical group B is satisfied:
MACD* (Smoothed, Close, Simple, 26, 18, 15); the MACD line changes its direction downward; and
the Standard Deviation* (Smoothed, Close, 37) is higher than the Level 0,0003.
Closing (Exit Signal)
Close an existing long position at the end of the bar when at least one of the following logic conditions is satisfied:
MACD (Smoothed, Close, Simple, 26, 18, 15); the MACD line crosses the Signal line upward; or
MACD (Smoothed, Close, Simple, 26, 18, 15); the MACD line crosses the Signal line downward.
Close an existing short position at the end of the bar when at least one of the following logic conditions is satisfied:
a . MACD (Smoothed, Close, Simple, 26, 18, 15); the MACD line crosses the Signal line downward; or
b: MACD (Smoothed, Close, Simple, 26, 18, 15); the MACD line crosses the Signal line upward.
Handling of Additional Entry Signals**
Entry signal in the direction of the present position:
No averaging is allowed. Cancel any additional orders which are in the same direction.
Entry signal in the opposite direction:
No modification of the present position is allowed. Cancel any additional orders which are in the opposite direction.
Trading Size
Always trade a constant number of lots.
Opening of a new position - 0,19 lots.
Permanent Protection
The Permanent Stop Loss limits the loss of a position to 112 pips per open lot (plus the charged spread and rollover).
The strategy does not use a Permanent Take Profit.