Dukascopy
 
  
Wiki JStore Search Login

Post new topic Reply to topic    Pages: [ 1 ] Print view  
Help finishing my automated strategy.
Dotes
 Post subject: Help finishing my automated strategy. Post rating: 0   New post Posted: Sat 15 Oct, 2016, 01:45 
User avatar

User rating: 0
Joined: Sat 15 Oct, 2016, 01:12
Posts: 1
Hi All,

I need help finishing my strategy. I am close I just need help finishing.

Strategy

* If 50 EMA is below 100 EMA price is on a downtrend. If 50 EMA is above 100 EMA price is uptrend.

* If price is in a downtrend we are only looking for bearish engulfing candles if price is in uptrend we are only looking for bullish engulfing candles.

* TP is 5 pips and SL is above the wick of the engulfing candle.

* I would like the strategy to trade only between the 80 and 20 zone of the stochastic indicator.

* Trades 4 hour candles and 1 day candles.

* I would like the strategy to on trade in the trend of the higher time frame. For example for the 4h candles I would want the algorithm to only trade in the direction of trend on the daily chart. So if Ema 50 is below EMA 100 on the Daily chart we are only looking for short trades on the 4h chart when EMA 50 is below EMA 100. And vice versa.

Below is the youtube video I did with Bruno to build the strategy. As you can see we did not finish.

Thank you for your help!

Image


Attachments:
Screen Shot 2016-10-14 at 5.15.34 PM.png [164.3 KiB]
Downloaded 300 times
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 on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against 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.
 
amine_chourou
 Post subject: Re: Help finishing my automated strategy. Post rating: 0   New post Posted: Tue 01 Nov, 2016, 17:01 
Visual JForex expert at Dukascopy
User avatar

User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
Hi !

Sorry for the late answer.
I've build an example following your specification although I believe that with the current conditions (according to my understanding) the strategy is not trading. I'll let you test this thoroughly and comment it.


Attachments:
Dotes.vfs [58.01 KiB]
Downloaded 126 times
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 on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against 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.
 
Post new topic Reply to topic      Pages: [ 1 ]  
Display posts from previous:   Sort by    

Jump to:  

  © 1998-2025 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com