Can someone code this simple strategy I want to test? This phase one and I will record any results from this then move to my second phase and so on.
Conditions:
M1 Chart
EUR/USD
Stop Loss 100 pips
Take Profit 5 pips
Order .05 Mini Lot (I’ll just adjust this depending on my margin ratio)
BUY, when:
- Stochastic 5,3,3 is 22 or above
- Previous candle (shift 1), Stochastic 5,3,3 is below 22
SELL, when:
- Stochastic 5,3,3 is 78 or below
- Previous candle (shift 1), Stochastic 5,3,3 is above 78
Close Buy, When,
- Stochastic 5,3,3 is 50 or above
Close Sell, when:
- Stochastic 5,3,3 is 50 or below
Thank you! I hope you can code this simple strategy. As you can notice, it is actually, a scalping strategy in M1 candles and I find it accurate most of the time though I want to automate it as I don’t have much time sitting in front of the computer and take profit 3-5 pips per minute. The Stop Loss feature is out of question actually so I just set it up in a very high which I believe does not happen all the time as long as this strategy is followed.
Please be reminded that this strategy is very simple yet proven effective if followed strictly and I have 3 more indicators which I want to try automating together with this but I still can’t determine their exact conditions.
Thank you and hope you can code it for me. I can pay through Skrill if this strategy can make me money more than I expected.