User rating: 2
Joined: Mon 10 Dec, 2012, 22:04 Posts: 19 Location: India, Baroda
To Forum Support,
I have created a simple strategy based on DMI indicator in Visual Jforex but it doesn't take the trades the way I want it to. Here are the following conditions according to which I designed the strategy.
1) As soon as the value of DI+ exceeds that of DI-, there should be buying of lot size xyz and the ongoing sell trade should close. As soon as the value of DI- exceeds that of DI+, there should be selling of lot size abc and the ongoing buy trade should close.
2) If a buy trade closes, a sell trade should open and vice-versa at the same time. This means that there should be only one trade, i.e. either only buy trade or only sell trade, open at any point of time as per the strategy.
But the strategy that I created takes an unusually large no. of trades simultaneously.
Please help me figure out what is wrong with the strategy.
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
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Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from
the use and/or reliance on any document, data or information found on this webpage.