Some months ago, I wrote a series of articles focused on my performance using what I call “My Golden Cross Strategy”. This strategy earned me most of my prizes in the trader contest, and has a potential to earn me much more if it can be strictly adhered to. I have decided to embark on a side-project, to automate my trading system. At the time I had the idea, my visual Jforex strategy building skills were not as good as they are now. Over time, I have studied other strategies, and I believe it is time to automate this system, and let it loose in the strategy contest.
- One hour chart
- Currency pair selection: The method works with any Currency pair, pairs with lower spreads are advisable. The system also performs very well in volatile markets; this is because it is a system that is trend-following.
- Indicators: 20-day and 200-day Exponential Moving Average (EMA), 84-day (Commodity Channel Index) CCI and 18 -Time Period (Time Segmented Volume) TVS.
There are four conditions that need to be met to take either long or short positions.