EURUSD 5min london session strategy by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: OANDA:EURUSD
- Timeframe: 5 minutes
- Net P&L: +1.59 USD (+0.16%)
- Win Rate: 48.9%
- Profit Factor: 1.421
- Max Drawdown: 0.46 USD (0.05%)
- Total Trades: 188
- Sharpe Ratio: −2.948
Description
Hey, today I bring you another strategy that I pull up together.Its a KISS system ( keep it stupid simple )We have 2 ma of 5 lenght each, one applied to the high and the other to low. With this we create a channel.If the candle close above or below the channel we got a signal. Then we can optionally verify with the RSI to increase our chances.At the same time, this system, only trades during the london session ( can be changed), and it has 2 rules, preferably no more than 5 trades / day, and no more than 2% risk of equity lost .We also have a TP/SL system made of pips.Enjoy it.