Forex Master (EUR/USD) — Strategy by Stable_Camel
By Stable_Camel
Performance Metrics
- Author: Stable_Camel
- Symbol: FX:EURUSD
- Timeframe: 1 hour
- Net P&L: +13,002.94 USD (0.00%)
- Win Rate: 61.5%
- Profit Factor: 1.736
- Max Drawdown: 2,189.54 USD
- Total Trades: 104
Description
ATTENTION:This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses.BACKTEST CONDITIONS:Initial equity = $100,000 (no leverage)Order size = 100% of equityPyramiding = disabledTRADING RULES:Long entry = EMA20(RSI10) cross> 50Profit limit = 50 pips Stop loss = 50 pipsShort entry = EMA30(RSI30) cross< 50Profit limit = 50 pipsStop loss = 50 pipsLong entry = Short exitShort entry = long exitDISCLAIMER: None of my ideas and posts are investment advice. Past performance is not an indication of future results. This strategy was constructed with the benefit of hindsight and its future performance cannot be guaranteed.