Can you help me to make a strategy please
Strategy is,
SMA - 240 ; Stochastic ( %K periods- 30, %K Slowing- 20 & %D periods - 10 and MA type is Weighted )
Timeframes - for 1min and 2 min
Condition for BUY - i) Market's close Price is above 240 mv ii) afterthat whenever Stochastic will cross for buy, it will trigger at closing price of that last candle.....Stop loss- 5 points, Take profit- 20 points, Trailing Stop will be at 10 points and Break even will be 5 points when profit will be 15 points.
Condition for SELL - i) Market's close Price is below 240 mv ii) afterthat whenever Stochastic will cross for sell, it will trigger at closing price of that last candle.....Stop loss- 5 points, Take profit- 20 points, Trailing Stop will be at 10 points and Break even will be 5 points when profit will be 15 points.
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Exp_StochasticCGOscillator:
The Exp_StochasticCGOscillator EA is based on the signals generated by the StochasticCGOscillator oscillator.
The signal is formed when a bar is closing if there is crossing of the main and signal lines of the indicator.
Figure 1. The instances of history of deals on the chart.
Testing results for 2013 at USDJPY H4:
Figure 2. Chart of testing results
Author: Nikolay Kositsin