Forex strategy «Lyuba» is actually quite simple and to some extent even a primitive strategy, however, its stability has been over the course of not a single year (according to the author ) makes you think and consider it as another way to easily and not too time-consuming to increase the deposit. In fact, this strategy is a breakout one, but it takes into account not just some time boxes, but the basic rules of classical trading. Entry occurs at the moment the price exits the correction.
- For trading, I recommend choosing a Broker with MT4
Some statistics:
We have tested the period from January to December 2017 on history (the test has not yet been carried out for 2018). The strategy recommends a risk of 5% per trade, and it was from these calculations that we got a profit of 240% for the specified period, which is very good!
- Currency pair GBP/JPY.
- Time interval H1.
Indicators:
- Awesome Oscillator indicator.
- Exponential moving average EMA with a period of 120.
Conditions for purchases according to the rules of the «Lyuba» Forex Strategy:
1) The AO indicator is above its zero mark.
2) The AO indicator is green.
3) A high is formed above the moving average and a downward correction begins.
4) Within this correction, at least on one candle, the AO indicator turned green.
5) The amount of correction is not less than 40 points.
6) Above the maximum, a Buy Stop order is placed.
7) It is important that within the correction the AO changes color from green to red only once. If this happens more than once, then the pending order is deleted.
8 ) Stop loss is set at a size two times smaller than the correction itself.
9) Take profit is equal to the size of the correction itself.
10) If at some point the AO indicator is below its zero mark, then the active transaction is immediately closed at the market price.
Sales conditions:
1) The AO indicator is below its zero level.
2) It is also painted red.
3) Below the EMA120 moving average, a low is formed and a corrective upward movement begins.
4) Inside the formed correction, at least on one candle, the AO indicator was colored red.
5) The correction itself is equal to at least 40 points.
6) Below the minimum formed on the chart, a pending Sell Stop order is placed.
7) An important condition is: inside the correction, the AO indicator only once changed its color from red to green. If this happens more than 1 time, then the pending order should be deleted!
8 ) Stop loss safety order is placed at a level 2 times less than the size of the correction itself.
9) Profit-taking order Take profit must be equal to the size of the correction itself.
10) If at some point the AO indicator is above its zero level, then the open transaction is immediately closed at the current market price.
Video version of the forex strategy «Lyuba»:
- Recommended to watch with English subtitles!
- Download MT4 template — lyuba (archived)
- I don’t attach indicators, they will be automatically installed on the GBP/JPY (H1) chart with the required parameters after installing the MT4 template, as they are already installed in any terminal by default.
- Strategy test for 12 months here >>
