Hello Traders,
i have a simple strategy for gbp/usd who i trade real a long time. At to many times i was angry that i have no EA for this. So i will post here my strategy and i search help to make an EA. I have no C++ experience.
The idea behind them is to search a trend with new highs and lows. This idea is very old and it give many many strategy with high/lows.
GBP/USD 15min Chart
i have a simple strategy for gbp/usd who i trade real a long time. At to many times i was angry that i have no EA for this. So i will post here my strategy and i search help to make an EA. I have no C++ experience.
The idea behind them is to search a trend with new highs and lows. This idea is very old and it give many many strategy with high/lows.
GBP/USD 15min Chart
- When the 1st 15min Candle closes with momentum above 100 from below we are looking for short trade. If momentum under 100 from below we are looking for long trade.
- We count 5 bars prior and identify the lowest/highest close of these five bars, this is now our trigger
- You must wait for a close to have a signal
How to Search the last High/Low
At Nr1. the momentum above 100 from below. Now we have a shorttrigger and wait until a close <trigger
Every momemtum crossing >100 <100 makes a new trigger.
When the momentum >100 we have a new shorttrigger.
When the momentum <100 we have a new longtrigger
I hope my discreption is not to bad with my english