15 Min Divergence Profit Strategy
Hi everyone, I'm manually backtesting a strategy based on stochastic divergence. The back test results look very good, but I've done 3 pairs in the last 10 days...(which is difficult to do manually). First of all, I want to share my strategy with you all, I would like to get opinions and suggestions to improve this strategy... I know this strategy is built on an indicator, but I mean simply it is a beauty... I am looking for someone to help make an EA to test this strategy, and would also be happy to make an AOS for this strategy...
15 Minute Divergence Profit Strategy
Define the system to use the 15 minute time frame on the GBPUSD, EURUSD, USDJPY symbols and use the indicator Stochastic MTF. Our trading hours are from 8.00 to 20.00 (8.00. PM) GMT +1
The entry signal is the divergence on the stochastic indicator MTF (you can see blue (long) and red arrows (short). Enter on the next opening bar with 3 lots or 3 mini lots or 3 micro lots. Risk management for entry with 3 lots or 3 mini lots or 3 micro lots. Stop loss for long positions is set to 10 pips below the low signal bar (signal bar when you see the arrow). Stop loss for short positions is set to 10 pips above the high signal bar (signal bar when you see the arrow). After closing the first part of the position we move the stop loss to breakeven BE All open positions we will close at 20.00 (8.00 PM) GMT+1 Profit Management The first target is to open 10 pips higher for long positions and 10 pips lower for short positions, at which time we close 1/3 of the position and move the stop loss to BE The second target is to open 15 pips higher for long positions or 10 pips lower for short positions point, we close 2/3 of the position with stop loss left on BE. The third goal is that we hold the position until we see no signal for our position, after the signal line for our position, to close 3/3 of the position on the next opening bar (if we are long and see a short signal, we close the position on the opening of the next bar).
To add positions to our trend we can add but keep the same rules but be careful with accounts using the first in first out rule.
See attachment for more information
Marek[
15 Minute Divergence Profit Strategy
Define the system to use the 15 minute time frame on the GBPUSD, EURUSD, USDJPY symbols and use the indicator Stochastic MTF. Our trading hours are from 8.00 to 20.00 (8.00. PM) GMT +1
The entry signal is the divergence on the stochastic indicator MTF (you can see blue (long) and red arrows (short). Enter on the next opening bar with 3 lots or 3 mini lots or 3 micro lots. Risk management for entry with 3 lots or 3 mini lots or 3 micro lots. Stop loss for long positions is set to 10 pips below the low signal bar (signal bar when you see the arrow). Stop loss for short positions is set to 10 pips above the high signal bar (signal bar when you see the arrow). After closing the first part of the position we move the stop loss to breakeven BE All open positions we will close at 20.00 (8.00 PM) GMT+1 Profit Management The first target is to open 10 pips higher for long positions and 10 pips lower for short positions, at which time we close 1/3 of the position and move the stop loss to BE The second target is to open 15 pips higher for long positions or 10 pips lower for short positions point, we close 2/3 of the position with stop loss left on BE. The third goal is that we hold the position until we see no signal for our position, after the signal line for our position, to close 3/3 of the position on the next opening bar (if we are long and see a short signal, we close the position on the opening of the next bar).
To add positions to our trend we can add but keep the same rules but be careful with accounts using the first in first out rule.
See attachment for more information
Marek[
Attachment to original post (3)
📦 Summary of post attachments (2)
Below are all the files (2) shared in the reply.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •