Hi every one I was manually back-testing strategy build on stochastic divergence . Result of baack test looks very nice but i done 3 pairs on last 10 day...(its hard job do it manually ). First at all I would like to shere my strategy with folks and I like to have comments and advice to improove this strategy.... I know this strategy its builded on One inidicator but i mean in simplicity its a beauty.... I m looking to find someone to help to make EA for testing this strategy and also will be nice make AOS for this strategy ...
15 Min Divergence Profit Strategy
Definitions
System use 15 min Time frame on symbols GBPUSD, EURUSD, USDJPY and use indicator Stochastic IndicatorMTF. Trading ours from 8.00 to 20.00 (8.00. PM) GMT +1
Entry
Signal for entry its divergence on Stochastic Indicator MTF ( you can see blue (long) and red arrows (short) Enter its on next open bar Enter its with 3 lots or 3mini lots or 3 micro lots
Risk Management
Setup for stop loss on long position is 10 pips below low signal Bar (signal bar its when you see arrows ) Setup for stop loss on Short position is 10 pips above High signal Bar (signal bar its when you see arrows) After closing 1st part of position we move SL to Break even BE All open position we are closing at 20.00 (8.00 PM)GMT+1
Profit Management
First target is 10 pips above open in Long Position or 10 pips below open in Short position where we close 1/3 our position and SL move to BE Second target is 15 pips above open in Long Position or 10 below open in Short position where we close 2/3 our position and SL leave on BE Third target we have open until we don’t see signal against our position, close 3/3 our position on open next bar after Signal Bar against our position. (If we are long and we see signal to short we close position on open next bar )
Adding to position to our trend we can add but keep same rules but be carefull with account with FIFO rules .
More info in attachments
Marek[
15 Min Divergence Profit Strategy
Definitions
System use 15 min Time frame on symbols GBPUSD, EURUSD, USDJPY and use indicator Stochastic IndicatorMTF. Trading ours from 8.00 to 20.00 (8.00. PM) GMT +1
Entry
Signal for entry its divergence on Stochastic Indicator MTF ( you can see blue (long) and red arrows (short) Enter its on next open bar Enter its with 3 lots or 3mini lots or 3 micro lots
Risk Management
Setup for stop loss on long position is 10 pips below low signal Bar (signal bar its when you see arrows ) Setup for stop loss on Short position is 10 pips above High signal Bar (signal bar its when you see arrows) After closing 1st part of position we move SL to Break even BE All open position we are closing at 20.00 (8.00 PM)GMT+1
Profit Management
First target is 10 pips above open in Long Position or 10 pips below open in Short position where we close 1/3 our position and SL move to BE Second target is 15 pips above open in Long Position or 10 below open in Short position where we close 2/3 our position and SL leave on BE Third target we have open until we don’t see signal against our position, close 3/3 our position on open next bar after Signal Bar against our position. (If we are long and we see signal to short we close position on open next bar )
Adding to position to our trend we can add but keep same rules but be carefull with account with FIFO rules .
More info in attachments
Marek[
Attached File(s)
