forex software

Create and Test Forex Strategies

forex software

Skip to forum content

Forex Forum

Forex Software, Forex Strategies, Expert Advisors Generator

You are not logged in. Please login or register.


Forex Forum → Forex Strategies → Trading Strategy 5x5 (how to)

Pages 1

You must login or register to post a reply

RSS topic feed

Posts: 2

Topic: Trading Strategy 5x5 (how to)

I have found a couple of interesting strategies and I am trying to test this:
http://forex-strategies-revealed.com/trading-strategy-5x5

Entry rules: Buy when the price crosses over 5 SMA and makes + 10 pips up, the RSI must be over 50. Sell when the price crosses below the 5 SMA and makes +10 pips down, the RSI must be less than 50.
Exit rules: not set.

I am using FSB for a few days, but I cannot find how to add this: "...and makes + 10 pips up" in the logic. Anybody could help?

Re: Trading Strategy 5x5 (how to)

In this case we can use "Steady Bounds"
Its a channel around a MA with a width of a number of pips.


[Opening point of the position]
Steady Bands
     Enter long at the Up Band  <----Open above the SMA
     Smoothing method  -  Simple  <--------- SMA
     Base price  -  Close
     MA period  -  5   
     Margin in pips  -  10            <---- 10pips above the SMA
     Use previous bar value  -  Yes

Posts: 2

Pages 1

You must login or register to post a reply

Forex Forum → Forex Strategies → Trading Strategy 5x5 (how to)

Similar topics in this forum