https://www.forexfactory.com/thread/291 ... ade-simple
Apologies—this is from another community site, but I found it interesting and decided to give it a try.
I will omit the detailed trading rules. Please refer to the original thread for those.
The greedy signals are as follows:
Other trading conditions are discretionary.
These signals are intended to narrow down potential trades.
< Signal Conditions >
- H1: Crossover between the RSI Price Line and the Trade Signal Line on TDI
- (13-Close-34-2-Simple-7-Simple)
- The crossover is valid if it occurred within the last 3 bars, including the current one.
- H1: Position relationship between the Main Line and Signal Line of Stochastics
- (8-3-3-Simple-LowHigh)
- Evaluated on the current bar.
- Tradeable time zones are set for each currency.
- Discretionary.
- Alternatively, via EA when a TDI cross occurs in the opposite direction. (Not in use)
- Most recent high/low
- Automatically calculated based on 0.25% risk of account balance
- 08:45 – 12:00
- 14:45 – 17:30
- All 28 major FX pairs
- JP225, AU200, HKD50, GER40, US30, XAUUSD
- Test Period: 2 weeks
- Dashboard P/L %: Profit/Loss ratio against initial account balance
- Signals are evaluated on the current H1 bar, but updated every 15 minutes.
- Therefore, trade checks and entries are done at 15-minute intervals.
- Entries are made on the current bar when the TDI crosses.
- Only enter when the angle of both TDI and Stochastics is favourable.
- In such cases, Heiken Ashi price action appears to perform well.
- Please configure the time settings. These must match your PC system time. (FNC_TradeWindow parameter)
- During summer time, the London market opens at 16:00 JST.
- Please also configure the currency pair settings. (FNC_DB and FNC_TradeWindow parameters)
- Although many signals appear simultaneously, I often end up trading only a limited number of currency pairs.
- I tried trading pairs I don’t normally touch, but often ended up closing positions early due to lack of profit or sudden reversals.
- If time allows, using H4 charts with signals updated every hour might provide a more relaxed trading pace.