MSCopy_Contest_04_2020_wT (ver. 1) Running

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The strategy is based on TEMA crossover, with time periods of 10 and 50. When TEMA 10 crosses TEMA 50 from downside a buy position will be opened and vice versa. Trade Amount is 0.5 million on EUR/USD. The selected period is 5 min. The strategy uses the hourly SMA 5 indicator for trend control and the hourly and 5 min RSI 14 indicator to check limits for trading. The last two 5 minutes MACD (12/26/9) history values must be over 0 for buy and under 0 for sell. Stop Loss is set to 6 pips and Take Profit is set to 12 pips. After every closed position with loss a new position will be opened in the opposite direction in the following mode: On first reaction the trade Amount will be multiplied by 2.5 with SL 6 and TP 12. The second reaction is a position with the same trade amount as the last closed position, but with SL 18 and TP 36. The third reaction is to open another position with trade amount 2.5 times bigger as the position before and the same SL and TP. On forth reaction the trade amount remains the same and SL and TP are set to 50 for SL and 101 for TP. Every next reaction is to open a new position with trade amount 2.1 times bigger as the position before and the SL 55 and TP 111. This work goes on until a position is closed on TP. The strategy trades from sunday evening 22.00 until thursday evening 24.00. Be advised to not use this strategy for live Trading. It's very risky.

Cumulative Profit/Loss dynamics

Selected period: 01.07.2020 - 31.07.2020

Full Stats

Standings (points): 201 (64)
Performance, $ (points): 56,63K$ (0)
Drawdown, % (points): 43.93% (28)
Bonuses: 36
Average Profit Trade: 1,46K$
Average Loss Trade: -4272.71$
Profit factor: 0,00K
Number of trades: 7
Traded volume: 24,70M$
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