SC201705_Terminus

In Roman mythology, Terminus was the god who protected boundary markers, which were used to delineate the borders of properties and communities. This strategy settles an order if a certain boundary defined by the Williams Percent Range (WPR) indicator is reached, in other words, when “Terminus” is reached. The strategy trades EURUSD from Monday to Friday. From Monday to Thursday trading is allowed between 09 GMT and 18 GMT. On Fridays trading is allowed between 09 GMT and 11 GMT. To open a buy order, it requires WPR equal or lower than [-99]; while to open a sell order, it requires WPR equal or higher than [-1]. The settlement of an order is allowed only if there is a gap higher than 4 hours between the current time and the previous order close time. Default assigns: take profit 13 pips; stop loss 333 pips; period 1-hour. The amount is function of the current equity value: if equity is lower than 75.000 USD, the amount is 3 million; if equity is equal or higher the 75.000 USD and lower than 150.000 USD, the amount is 6 million; if equity is higher than 150.000 USD, the amount is 9 million. The strategy closes the settled order when: there is use of leverage higher than 45% on Fridays between 17 GMT and 18 GMT; and whenever there is a use of leverage higher than 112% during the week and strictly before Friday 17 GMT. When equity decreases below the 25.000 USD the strategy stops automatically.
Version: Date: Status: Description:
2 07.05.2017 Not running SC201705_Terminus  Download
1 29.04.2017 Executed SC201705_Terminus  Download
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A new version with a few changes in inputs and a new expression to calculate order’s amount.

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To open a buy order, it requires WPR equal or lower than [-100]; while to open a sell order, it requires WPR equal or higher than [0].

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The settlement of an order is allowed only if there is a gap equal or higher than 1 hour between the current time and the previous order close time.

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Default assigns: take profit 4 pips; stop loss 333 pips; period 1-hour.

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The amount is calculated based on a proportion. For an initial equity of 100.000 USD the default amount is 9 million. The calculation expression is: amount = current_equity * 9 milllion amount / 100.000.

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The strategy closes the settled order when: there is use of leverage higher than 45% on Fridays between 17 GMT and 18 GMT; and whenever there is a use of leverage higher than 145%.

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