AutoFX strategy

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[B]About me[/B]

I have 10 years experience on Forex Trading.
8 Years experience in programming languages for Forex platforms. (Lua Mql4 Mql5 Delphi and Windows automation.)

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[B]About the strategy [/B]

                             [B]PAIRS - SYMBOLS[/B]

The bellow 20 currency pairs are traded. They are selected because of the low MMR. MMR (maintenance margin requirement) can be considered as a deposit of good faith to maintain open positions. This is not a billing or transaction cost,but it is just a part of the capital that is pledged as a margin requirement


AUD/CAD, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY,
EUR/AUD, EUR/CAD, EUR/GBP, EUR/JPY, EUR/NZD,
EUR/USD, GBP/AUD, GBP/JPY, GBP/NZD, GBP/USD,
NZD/CAD, NZD/JPY, NZD/USD, USD/CAD, USD/JPY.


[B]STRATEGY DESCRIPTION[/B]

The strategy uses different time frames for each currency pair.
Time frames range from 30 minutes to 1 day.

10 out of 20 pairs are programmed to follow the trend (Trend Trading)
The other 10 are programmed to detect when the trend changes (Swing Trading)

[B]INDICATORS[/B]

The strategy uses 3 Instances of
SuperTrend Indicator and Price Action

[B]SL and TP[/B]

Stop Loss and Take Profit or Limit are never the same.
Both depend on volatility, ranging from 100 pip to 600 pip.

[B]STRATEGY ADVANTAGES[/B]

The most important advantage of the strategy is that when a position is profitable, and when it meets the criteria to open a new position again, the strategy opens multiple positions of the same currency in the same direction. In the picture below we can see the starting position, which had a limit (TP) of 204 pip. Within 20 days, the strategy, meeting the criteria to open a new position, opened 5 more positions, resulting in a final profit of 782 pip.

http://www.myfxbook.com/members/giannis/pc10/3183249