The Master Code-EURUSD-H1 by sivakarthifx

39194 downloads / 11590 views / Created: 18.06.2019 / Updated: 18.06.2019
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 Average Rating: 5
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Strategy Description

Logic
Opening (Entry Signal)
Open a new long position at the peak of a Up Ross hook when all the following logic conditions are satisfied:

Bears Power* (Exponential, 14) rises; and
Accelerator Oscillator* (Simple, Median, 34, 5, 5) rises; and
the bar opens below Upper Band of Bollinger Bands* (Simple, Close, 20, 1.99); and
Directional Indicators* (Exponential, Bar range, 14); ADI+ rises; and
Money Flow* rises; and
the position opens higher than the previous high.
Open a new short position at the bottom of a Down Ross hook when all the following logic conditions are satisfied:

Bears Power* (Exponential, 14) falls; and
Accelerator Oscillator* (Simple, Median, 34, 5, 5) falls; and
the bar opens above Lower Band of Bollinger Bands* (Simple, Close, 20, 1.99); and
Directional Indicators* (Exponential, Bar range, 14); ADI+ falls; and
Money Flow* falls; and
the position opens lower than the previous low.
Closing (Exit Signal)
Close an existing long position at the end of the week when at least one of the following logic conditions is satisfied:

Accelerator Oscillator (Simple, Median, 34, 5, 5) falls; or
Commodity Channel Index (Simple, Typical, 14, 0.015) rises; or
Bears Power (Exponential, 13) rises.
Close an existing short position at the end of the week when at least one of the following logic conditions is satisfied:

Accelerator Oscillator (Simple, Median, 34, 5, 5) rises; or
Commodity Channel Index (Simple, Typical, 14, 0.015) falls; or
Bears Power (Exponential, 13) falls.
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
Trade percent of your account.

Opening of a new position - 2% of the account equity.
Protection
A Stop Loss limits the loss of a position to 5000 points per open lot (plus the charged spread and rollover).

A Take Profit closes a position at 300 points profit.

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* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.

Strategy Properties
Handling of Additional Entry Signals
Next same direction signal behavior - Does nothing
Next opposite direction signal behavior - Does nothing

Trading Size
Trade percent of your account. The percentage values show the part of the account equity used to cover the required margin.

Maximum number of open lots - 50
Number of entry lots for a new position - 2% of the account equity

Protection
Stop Loss 5000 points
Take Profit 300 points
Break Even - None

Comments

Good EA for 2017 and part of 2018 .
Thereafter the EA does not perform due to the fact that the market conditions changed.
Good EA for 2017 and part of 2018 .
Thereafter the EA does not perform due to the fact that the market conditions changed.
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