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Auslanco 15min GBP/JPY startegy

author EAcpu | 3 reads | 0 comments |
Developed by Spanishfly based on my original 4 hour/1 hour MTF strategy.

15 minute (intraday) GBP/JPY VT chart. Charts can be downloaded for free via www.vtsystems.com)

a).Simple moving average 5 closing price
b). Gann high and low activator 10
c).Horizontal stop reverse version 2

Value: ATR period 9
ATR multiplier 3

d).QQE reminder value: smoothing factor 60

Buy: Wait for two buying alerts. (green arrow and blue dot). Buy when price hits the 5 SMA after two signals.

Stop Loss: Located directly below the confirmation bar of Gann's high and low activation lines.

Take Profit: Calculate the distance between the opening price of the confirmation bar and the price of the Gann High-Low Activator (TFT line) at that point, and multiply it by 2. (Twice the stop loss)
My TP goals are as follows and an example of lot allocation (5 lots in total):
First TP: 2 X Stop Loss (4 lots)
Second TP: Reverse Signal Confirmation (1-Lot)

Total profit for 5 days of live forward testing (from August 26th): TP1 923 points (7 trades) 6 wins and 1 loss
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