Forex bot full strategy with risk management by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: FX:EURUSD
- Timeframe: 1 hour
- Net P&L: +2,103.71 USD (+21.05%)
- Win Rate: 58.9%
- Profit Factor: 1.816
- Max Drawdown: 157.84 USD (1.42%)
- Total Trades: 282
- Sharpe Ratio: 0.356
Description
This is a full strategy designed for forex major pairs, specially EUR/USD using 1h time frame chart.Its components are200 EMAMACDOBVPSARRIsk management with tp and sl movementsRules for entryFor long = Previous histogram from MACD was below 0 and current one is above 0. CLose of a candle is above EMA 200 , OBV oscillator is negative and we have an uptrend from PSARFor short = Previous histogram from MACD was above 0 and current one is below 0. CLose of a candle is below EMA 200 , OBV oscillator is positive and we have an downtrend from PSARRules for exitFor tp and sl values we calculate the distance from the close of candle until the psar values.If you have any questions, let me know !