The "Nice Price" Forex Strategy"

Category: Strategies By: Doctrading Created: July 28, 2016, 9:18 AM
July 28, 2016, 9:18 AM
Strategies
8 Comments

Here is a simple code that I was curious to test.

It applies on EUR/USD, H1 timeframe (other pairs / timeframes should be profitable).

We go LONG if :

ADX50 > 10

DI+(50) > DI-(50)

low of the candle < Bollinger20(down) and close > Bollinger20(up)

SL : 60 pips

TP : 10 pips

We go SHORT if we meet the opposite conditions.

So it’s a scalping strategy. Test and improve !

Best regards,

Defparam Cumulateorders = false

n = 5

// ACHAT
ca1 = ADX[50] > 10
ca2 =  DIplus[50](close) > DIminus[50](close)
ca3 = low < BollingerDown[20](close) and close > BollingerDown[20](close)

IF ca1 AND ca2 AND ca3 THEN
 BUY n SHARES AT MARKET
ENDIF

// VAD
cv1 = ADX[50] > 10
cv2 =  DIplus[50](close) < DIminus[50](close)
cv3 = high > BollingerUp[20](close) and close < BollingerUp[20](close)

IF cv1 AND cv2 AND cv3 THEN
 SELLSHORT n SHARES AT MARKET
ENDIF

// Stops et objectifs
SET STOP pLOSS 60
SET TARGET pPROFIT 10

 

Download
Filename: NICE-PRICE-Forex-Strategy.itf
Downloads: 543
Doctrading Master
Hello, I'm Marc. Nice to meet you.
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