Visual JForex Strategy
INMALAv2i - Description of Strategy:
Trading Logic: The strategy is a trend folowing strategy. It's
the trend and it's assuming the market is volatile with only small
retracements. That's why the strategy performs best when the market
Description of indicators: It's using only one indicator, the popular
which detects overbought, oversold conditions, however it buys when
relative overbought and sells when it's relative oversold.
Explanation of chosen settings: Strategy is using the CCI indicator
minutes timeframe. However it checks for the condition twice, one
the current candle and one time for the previous candle, thus one
is shifted with 1 candle. Both 5 minutes indicators, the normal one
shifted one are using a 80 period, that means CCI is being applied
last 80 candles. Strategy uses the 0 line as the trigger for the
both CCI indicators are above 0 the strategy buys. If both CCI
are below 0 the strategy sells. It only trades EUR/USD pair. The
is using a 100 pip take profit order and a stop loss of 30 pips. It's
applying the market popular advice, follow the trend and cut the
while letting the wins run.
Method of trade volume calculation: Position sizing is automatically
adjusted to equity by dividing the equity to 60000 and since it
100000, the volume in the beginning is a little less than 2 millions
keeps growing up as strategy wins, also it reduces size when it
perform well to minimize drawdown.