Forex strategy «VoT1» is well suited for identifying possible impulsive unidirectional movements. When trading according to its rules, it is not so important whether this movement will follow the trend or whether it will turn out to be a reversal. The most attractive moment in is a rather small amount of time required from a trader to trade on this system.
Statistics:
Over the past year, from September 2021 to September 2022, the strategy showed a positive result of +1440 points. The drawdown was 120 points.
- Time interval — H4.
- Currency pair — EUR/USD. It is also suitable for other currency pairs (but you need to adapt it yourself for each and test it, at least on history).
Indicators:
- Moving Average with a period of 50; construction method simple; apply to Median Price (HL/2).
- Forex trend V1 with 7 parameters; 1.6; 50.6.
- GSOH2 with parameters 10; thirty; 9; 0; 1; 0.
Conditions for purchases according to the forex strategy «VoT1»:
1) The price is above the moving average.
2) The blue line of the Forex trend V1 indicator is above the red line of the same indicator.
3) The red line of the GSOH2 indicator crosses the brown line from bottom to top.
4) It is this intersection, subject to the preservation of all previous signals, that is the trigger for making a deal.
5) Stop loss is set exactly below the low of the signal candle itself. If her body is very small, then you should focus on the next candle. The minimum stop size is 40 points, the maximum is 70.
6) After passing in the positive zone a distance equal in size to the stop loss, the transaction is transferred to breakeven.
7) Take profit is equal to the size of two stops.
8) If there is an active trade that has not yet been transferred to breakeven, signals in the same direction are no longer taken into account until the trade is transferred to boo.
Conditions for selling under VoT1 rules:
1) The price is below the moving average with a period of 50.
2) The blue line of the Forex trend V1 indicator is below the red line of the same indicator.
3) The red line of the GSOH2 indicator crosses the brown line from top to bottom.
4) It is this intersection, subject to the preservation of all previous signals, that is the trigger for concluding a deal to sell.
5) Stop loss must be set above the high of the signal candle itself. If her body is very small, then you should focus on the next candle. The minimum stop-loss size is 40 points, the maximum is 70.
6) After the price in the «+» zone passes a distance equal in size to the stop loss, the transaction is transferred to the breakeven point.
7) We fix the deal at a take profit equal to the size of 2 stops.
8) If there is an open trade that has not yet been converted to zero, the signals are no longer opened in the same direction.
Video version of the forex strategy «VoT1»:
- Recommended to watch with English subtitles
- Download MT4 template — vot1_tpl
- Download archive of indicators for MT4 — Indicators-vot1
