fx_lmcapStrategy2021

The strategy trades GBPUSD based on a momentum indicator, the Relative Strength Index (RSI). Only one order per day is allowed. There are 2 types of orders: type A and type B. Orders type A can be opened from 6 AM to 15 PM and from Monday to Thursday; on Fridays, the schedule is different, from 6 AM to 12 AM. The trading period for orders type A is 1-hour, whilst for orders type B, the period is 10-sec. To open a buy order type A, the following conditions have to be verified: the RSI(current bar) equal or lower than 30; the RSI(previous bar) equal or lower than 30; spread equal or lower than 2 pips; and the difference between the daily high and the daily low equal or higher than 75 pips. To open a sell order type A, the following conditions have to be verified: the RSI(current bar) equal or higher than 70; the RSI(previous bar) equal or higher than 70; spread equal or lower than 2 pips; and the difference between the daily high and the daily low equal or higher than 75 pips. The orders type A have the following assignments: take profit @ 10 pips; stop loss @ -55 pips; and slippage @ 2 pips. If equity drops below 99.000, the take profit assignment of orders type A changes from 10 pips to 25 pips. The orders type B can be opened from 15 PM to 24 PM and from Monday to Thursday; on Fridays, the schedule is different, from 12 PM till the close of trading. To open a buy order type B, the following conditions have to be verified: the RSI(current bar) equal or lower than 30; the RSI(previous bar) equal or lower than 30; spread equal or lower than 2 pips; and the difference between the daily high and the daily low equal or higher than 45 pips. To open a sell order type B, the following conditions have to be verified: the RSI(current bar) equal or higher than 70; the RSI(previous bar) equal or higher than 70; spread equal or lower than 2 pips; and the difference between the daily high and the daily low equal or higher than 45 pips. The orders type B have the following assignments: take profit @ 1/2 of take profit assignment of orders type A; stop loss @ -55 pips; and slippage @ 2 pips. The order’s amount for both type A and B is calculated according to the following expression: 7 million x current equity / 100.000. If equity rises above 175%, the script sends an instruction to close the order filled in the system.
Version: Date: Status: Description:
5 15.09.2021 Not running fx_lmcapStrategy2021  Download
4 29.08.2021 Executed fx_lmcapStrategy2021  Download
3 26.07.2021 Executed fx_lmcapStrategy2021  Download
2 26.12.2020 Comp. error fx_lmcapStrategy2021  Download
1 25.12.2020 Comp. error fx_lmcapStrategy2021  Download
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fx_lmcap 26 Dec.

V2: the difference to V1 is the take profit assignment for orders type A, @ 6 pips instead of @ 10 pips.

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fx_lmcap 31 July

V3 (1): The strategy trades GBPUSD based on a momentum indicator, the Stochastic Oscillator (Stoch). Only one order at a time is allowed. Orders can be opened from 6 AM to 15 PM from Monday to Thursday; on Fridays, the schedule is different, from 6 AM to 12 AM. The trading period for orders is 10-minutes.

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fx_lmcap 31 July

V3 (2): To open a buy order, the following conditions have to be verified: the Stoch(current bar) equal or lower than 20; the Stoch(current bar - 1) equal or lower than 20; the Stoch(current bar - 2) equal or lower than 40; the spread has to be equal or lower than 2 pips; the time difference between the opening time of the (new) order and the closure time of the last trade event has to be higher than 180 minutes; and the difference between the daily high and the daily low has to be equal or higher than 25 pips.

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fx_lmcap 31 July

V3 (3): To open a sell order, the following conditions have to be verified: the Stoch(current bar) equal or higher than 80; the Stoch(current bar - 1) equal or higher than 80; the Stoch(current bar - 2) equal or higher than 60; the spread has to be equal or lower than 2 pips; the time difference between the opening time of the (new) order and the closure time of the last trade event has to be higher than 180 minutes; and the difference between the daily high and the daily has to be low equal or higher than 25 pips.

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fx_lmcap 31 July

V3 (4): The order assignments are take profit @ 3 pips; stop loss @ -55 pips; and slippage @ 2 pips. If equity drops below 99.000, the take profit assignment changes from 3 pips to 6 pips. The order amount is calculated according to the following expression: 7 million x current equity / 100.000. If equity rises above 175%, the script sends an instruction to close the order filled in the system.

ASOCA avatar
ASOCA 26 Sep.

Hello. Unfortunately, I only managed to test your strategy once. For some reason, she is no longer active! Very good strategy. How can I get this strategy from you in the VFS format?

ASOCA avatar
ASOCA 26 Sep.

Can you write to me at asy (a) asosa. ru?

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fx_lmcap 27 Sep.

Hello, the strategy is public and available for any user. The description for version 4 and version 5 will follow soon (versions 1, 2 and 3 already have a description available). I'll issue a ticket to dukascopy support and ask them for the reason why the strategy is no longer active.

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