Forex strategy «Khana» is essentially very simple and not the most original. But, it is her prostate that is her positive feature. Signals are simple and understandable. Basically, they are already formed within the trends, but there are signals on the reversal of trends.
Statistics:
Over the past year, from May 2020 to May 2021, the strategy showed a positive result of +1120 points. The drawdown was 80 points.
- Time interval — H1.
- Currency pair — EUR/USD. For trading other pairs, additional analysis should be carried out.
Indicators:
- HMA v2 with parameters 0; thirty; 0.0; 1; 0; 0; 0.
- HMA v2 with parameters 0; 50; 0.0; 1; 0; 0; 0.
- NonlagdotMS with parameters 0; thirty; 0; 0; 1; 0;0.0; 1.
- MACD indicator with 12 parameters; 26; 9.
Conditions for purchases according to the forex strategy «Khana»:
1) Both HMA v2 indicators draw blue circles.
2) The nonlagdotMS indicator also draws a blue circle.
3) Another candle closes above all three circles.
4) The MACD indicator is above its zero mark.
5) The order in which the signals are received does not matter.
6) At the opening of the next candle, a buy deal is concluded.
7) Stop loss is set under the lower circle. But no more than 50 and no less than 20 points.
8) Take profit is 100 pips.
9) If the next candle closes in the negative zone and below all circles, the deal is closed at the current price.
10) If the price passes 20 points in the positive zone, then the transaction should be transferred to breakeven.
11) Already after the transfer of the transaction to breakeven, the stop should be constantly pulled up along the lower circle.
12) To consider a new signal in the same direction, all three circles must first turn red.
Conditions for sales by Khana:
1) Two HMA v2 indicators draw red circles.
2) The nonlagdotMS indicator also draws a red circle on the chart.
3) Another hourly candle closes below all three circles.
4) The MACD indicator is below its «0» mark.
5) The order in which the signals are received does not matter at all.
6) At the opening of the next H1 candle, a sell trade is opened.
7) A safety order — stop loss, is placed above the upper circle. Not at the same time, it should be more than 50 and not less than 20 points.
8) We fix deals at take profit, which should be equal to 100 points.
9) If the next candle closes in the «-» zone and above all circles, then the transaction is closed at the current market price.
10) If the price passes +20 points, then the transaction should be transferred to the breakeven level.
11) After the transfer of the transaction to zero, the stop loss should be constantly tightened along the upper circle.
12) To consider a new signal in the same direction, all 3 circles must first turn blue.
Video version of the forex strategy «Khana»:
- Recommended to watch with English subtitles!
- Download MT4 template — khana_tpl (archived).
- Download indicators in the archive — khana_indicators.
- Test results: +770.8% in 12 months HERE➜