Strategy American Day Line

mandarin

Active Trader
Oct 20, 2010
4
0
32
Thanks to Hermes for translation.

To begin with I want to say that this strategy offers a month about 25 transactions. Trade is conducted on the hourly chart and begins at the opening of the U.S. session.


Chart settings.

Currency pairs: Aud / Usd, Eur / Usd, Gbp / Usd, Usd / Jpy. Time interval: H1.

Indicator: Moving Average. Period 5, Method MA - Linear Weighted, Apply to - Close. Indicator: Trend Magic. CCPeriod – 50, ATR Period – 5.


BUY

1. Opening of US-session. For example at Alpari and Forex4you we wait for the 14-hour bar to close.
2. At the closing of the 14-hour bar we draw a horizontal line at the spot where the MA-5 is located.
3. We wait another hour for the close of the 15-hour bar.
4. After closing the 15-hour bar we look at the two indicators.
5. To BUY, we need to match the two signals: Moving Average should close above the line and Trend Magic should be blue.
6. If the two conditions coincide, we enter into the market.
7. Take Profit 60 Pips for the pair EURUSD.
8. Stop Loss of 70 Pips.


Exit

We leave when the bar closes below the Trend Magic ! Even if the balance is in profit, one should leave the market.
Stop Loss is needed only in cases when the market suddenly changes its direction, or you have not had time to close the position at the intersection of the Trend Magic.

If there was no buy signals during the day or the trade closed at TP, remove the line and wait for the new US-session.

buy.png




SELL

1. We look forward to the opening of the US session.
2. After the 14-hour bar closes, we draw a horizontal line of the spot where the MA-5 is located.
3. We wait for another hour for the close of the 15-hour bar.
4. After closing the 15-hour bar we look at the two LEDs.
5. For SELL we have a coincidence of two signals: Moving Average should close below the line and Trend Magic should be red.
6. If the two conditions coincide, we enter into the market.
7. Take Profit 60 Pips for the pair EURUSD.
8. Stop Loss 70 Pips.

Exit

We leave when the bar closes above the Trend Magic !

sell.png



BUY in the case of Stop Loss

1. Complied with all eight conditions that were written above for BUY.
2. We left the market with a minus, when the bar closed below Trend Magic.
3. Leave line in the same spot and wait for a new signal to enter.
4. Once again Moving Average closed above the line and Trend Magic blue, enter the market. Only now increase a lot at 1.6 for the pair EURUSD. This is important ! Do not enter if the Moving Average closed above the line, and Trend Magic is red. Always waiting for matching two signals needed for the BUY of which were written above.
5. In the course of testing this strategy on a real account and the strategy tester, we can say that usually the Order closed in plus, after a maximum of 3 orders.
But in terms of strategy we will increase the lot up to 5 times. After that , put the original lot.
6. All orders are near the same line.

If the order was closed with a plus, clean line and wait for the opening of the next US session.

buy%202.png



Selling in the case of Stop Loss

1. Complied with all eight conditions that were written above for SELL.
2. We left the market with a minus, when the bar closed above the Trend Magic.
3. Subject line in the same spot and wait for a new signal to enter.
4. Once again Moving Average closed below the line and Trend Magic Red, enter the market. Only now increase a lot at 1.6 for the pair EURUSD. It is important ! Do not enter if the Moving Average closed below the line and Trend Magic is blue. Always wait for matching two signals needed for SELL that were written above.
5. In the course of testing this strategy on a real account and the strategy tester, usually a warrant is closed in plus, after a maximum of 3 orders.
But in terms of the strategy we will increase the lot up to 5 times. After 5 times, put the original lot.
6. All orders are near the same line.

If the order was closed with a plus, clean line and wait for the opening of the US session.

sell%202.png


Initial Lot
Deposit $ 50 ( best would be $ 100 ) - Lot 0.01
Deposit $ 200 - Lot 0.02
Deposit $ 300 - Lot 0.03
Deposit $ 550 - Lot 0.04 - 0.05
Deposit $ 650 - Lot 0.06


Thank Hermes for translation

Discussion of strategy and EA you can se here also _http://www.worldwide-invest.org/trading-systems-strategies/1036-strategy-american-day-line.html
 

mandarin

Active Trader
Oct 20, 2010
4
0
32
I've made a mistake, translation was made by bestfx-trader Thanks to him! =)

and here is statistic from EA from real account wich using that strategy

eurusd%202.PNG


and another one

Real%202.PNG
 

Ujiid

Active Trader
Jul 20, 2010
1
0
32
Hi mandarin it seem it is great system, appreciate if you could upload the template as well for us try it out

Thanks
 

mandarin

Active Trader
Oct 20, 2010
4
0
32
We'd like you to take a look at our Invest Log for MT4, all information about EA trading from real account.

Download Alpari MT4 terminal here _http://www.alpari-forex.com/en/metatrader/?tab=2

Invest Log for MT4

Alpari - micro 2
Login: 466654
Password: Jv5kfvQR3

If you have any questions you can contact us via strategy4me[dog]mail.ru
 
Last edited: