stoch_eurusd_contest (ver. 16) Running

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Strategy works in EUR/USD pair and uses Stochastic indicators for determination of trade direction. Alongside with mentioned indicators strategy manipulates with position amount, TP and SL values and has periods of inactivity. Besides there is check of spread implemented and position is opened only if spread is 0,5 pips or better. Detailed description: situation in market for position opening is checked every 5 min (excluding periods of strategy inactivity). Stochastic fast and Stochastic indicators values are measured. If stochastic fast value is greater more than 1 point - long position is opened and if stochastic values is greater than 1 point - short position is opened. Initial amount value is 0,7M, SL value is 20 pips, TP value is 8 pips. If position is closed in profit strategy inactivity period is activated until present 4 hour candle will be closed. If position is closed in loss - next position amount is doubled (additional check with maximum amount value is done and if this value is exceeded - position amount is lowered till maximum allowed value, initial maximum amount value is 7M), TP is increased by 10 pips and SL is increased by 5 pips. Additionally strategy inactivity is activated until price will move 10 pips (checked every minute) in the same direction as SL was triggered. Mentioned manipulations is done in order for present position to cover loss of all previous positions (until maximum allowed value is reached). Then position with changed amount, TP and SL is closed in profit next position parameters are set to initial values. Initial values are also adjusted according to situation with account equity. Initial values subject to adjustment are initial position amount and initial maximum amount. If equity passes 110000 - initial amount is set to 0,8M and maximum amount is set to 7,5M and if equity passes 120000 - initial amount is set to 0,9M and maximum amount is set to 8M and if equity passes 130000 initial amount is set to 1,0M and maximum amount is set to 8.5M. There is also additional check in order to avoid different situations when SL or TP might not be set, in such a case position is closed if it exceeds minus or plus 80 pips. (checked every 4 hours)

Cumulative Profit/Loss dynamics

Selected period: 01.06.2021 - 30.06.2021

Full Stats

Standings (points): 191 (60)
Performance, $ (points): 34,86K$ (8)
Drawdown, % (points): 65.14% (17)
Bonuses: 35
Average Profit Trade: 2,72K$
Average Loss Trade: -6211.17$
Profit factor: 0,00K
Number of trades: 22
Traded volume: 89,70M$
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