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? Total prizes won during all months
of participation in the contest
25 100$
? Total score gained during all months
of participation in the contest
6722 points
 
newBALANCE  (ver. 3) 
Visual JForex Strategy
 
Running
The last version of newBALANCE Strategy only trades the pair EURUSD andIt is based on 2 indicators: MACD and CCI. The MACD settings are - Period=ONE.HOUR, Fast Period=3, Slow Period=5 and Signal Period=3. The strategy calculates 2 different MACD values with Shift=1 and Shift=2. The CCI settings are - Period=ONE.HOUR, Time Period=5 and Shift=0. These are the best settings i have found after made several backtests of my strategy. The strategy uses two different Periods (ONE MINUTE and ONE HOUR) to decide which patch to follow. -Every MINUTE the strategy verifies if the hour of the day is between 2 a.m. and 8 p.m, if so, them the strategy calculates the indicators MACD, CCI with the defined settings and the last one hour candle. The trading logic used for open trades are the follow: TO OPEN SELL ORDERS: - If the value of the MACD with shift of 2 candles is greater than MACD signal with shift of 2 candles. - If the value of the MACD histogram with shift of 2 candles is bigger than 0. - If the value of the MACD with shift of 1 candle is less than MACD signal with shift of 1 candle. - If the value of the MACD histogram with shift of 1 candle is less than 0. - If the value of the CCI with shift 0 is greater than 110. - If there are no open positions the strategy sends a SELL at market order with amount equals to 7 lots and Take Profit of 7 pips and Stop Loss of 250 pips in the pair EURUSD. TO OPEN BUY ORDERS: - If the value of the MACD with shift of 2 candles is less than MACD signal with shift of 2 candles. - If the value of the MACD histogram with shift of 2 candles is less than 0. - If the value of the MACD with shift of 1 candle is bigger than MACD signal with shift of 1 candle. - If the value of the MACD histogram with shift of 1 candle is bigger than 0. - If the value of the CCI with shift 0 is smaller than -110. - If there are no open positions the strategy sends a BUY at market order with amount equals to 7 lots and Take Profit of 7 pips and Stop Loss of 250 pips in the pair EURUSD. -Every HOUR the strategy verifies if the hour of the day is less than 7 a.m., if so, them the strategy reads the two last formed candles of ONE HOUR in the pair EURUSD. Then the strategy verifies if the value of the last formed candle high is greater or smaller than the last formed candle high before that. If the value is greater the strategy made a calculation and verify if the current minute still equals to 0, if so, the strategy verify if there are no open orders and send a BUY at market order with amount of 7 lots, Stop Loss of 50 pips and Take Profit of 5 pips. If the value is smaller, then the strategy verifies if the last formed candle low is lower than the last formed candle low before that. If the value is lower the strategy made a calculation and verify if the current minute still equals to 0, if so, the strategy verify if there are no open orders and send a SELL at market order with amount of 7 lots, Stop Loss of 50 pips and Take Profit of 5 pips. In the first trading logic, where the strategy uses the 2 indicators, it try capture small changes in the trend that occurs very fast and try profit from it. In the second trading logic, where the strategy verify if there are a new high or a new low in the first hours of the market, it try to follow the trend in quiet market hours. All the updated strategies and settings are adjusted after long backtest made over the pair EURUSD.
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Standings (Points) 30 (254)
Perfomace, $ (Points) 173.99K$ (173)
Drawdown, % (Points) 30.94% (35)
Bonuses 46
Average Profit Trade 6.59K$
Average Loss Trade -70273$
Profit Factor 0.00K
Number of Trades 24
Traded Volume 367.57M$
% of positive trades
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