The Strategy is trend following strategy(on pullback in bullish or
bounce in bearish market) for EUR/USD , EUR/JPY and USD/JPY.
Combination of 10 and 15 minutes indicators are used for best possible
trade setup based on back testing. Triggger for trade opening is 2 CCI
differences(90)- one is 14 and other is 7 period on 15 minutes chart.
I have used version 4 and version 11 for month of nov 2020 and version
11 has additional check on hourly ema for trend. Version 4
has a high
value of ATR(4) equal to 14(to deal with high
volatility). Further for Eur/usd and usd/jpy in case if
oversold/overbought situation opposite direction trades get opened.
Condition for Eur/jpy opposite direction trade is different. Other
indicators used in strategy are just validation to get best trade set
up and to avoid divergent signals. Also setups for each pair is
slightly different based on back test but for each pair it is
symmetrical for buy and sell. It is slightly complex strategy.
Strategy runs for 24 hours without any limitations, Take profit is 6
pips and stop loss is 50 pips. Default trade size is 15 million. It
works well in some months when everything is favorable. Use the
strategy at your discretion in live account. No Strategy can be fully
perfect in all months. I have to find 1-2 more strategies for months
where probability of failure of this strategy is high. So lets see
where I am after a year in my strategy creation quest.