I recently received a stimulus in one of the discussions to revive my strategy in the minds of traders, the results of which I often present here. Even though it hasn’t changed in a long time, I quite understand that one doesn’t need to remember the details anymore. So let’s get started.
So the start of trading is at 9:30 am every day, the end of trading is at 8:00 pm, except Friday, ending at 5:00 pm At this time, AOS can enter instructions. Since it is traded on EUR/USD, trades can be opened overnight. The exception is weekends, before I close on Fridays at 9:50 p.m. I used a 5-minute Time-Frame (TF) to calculate the bands, taking the length of the 12 candles to set the traded range, ie the part between 8:30 and 9:30 h’s adding the spread for the long trade. In addition, pending orders are +20% of the limit of the trading range. The pending instruction expiration is set (I don’t know why, but I guess I tested it) to 748 minutes. The number of trades that can be made daily is 2. The trading volume itself is 12%. The minimum range of traded bands is 135 points, then the maximum is 590 points. The first pull of the Stop-Loss (SL) is when 56% of the traded range is reached and the SL is pushed to -135% of the band. At 71%, the SL moves to -110% of the band. This is followed by 73% to -100%, 300% to -50% and 465% to +165% of traded bands. So here, when SL hits, I take profit. When 15% is reached, 30% of the position is sold, when 29% is reached, 94% of the position is sold. The Take-Profit itself is at 5.8 times the traded range. Stop-Loss is calculated using ATR as follows. Weekly TF, the number of candles is 28 and from this calculation it is 39.1%.
So this is what it looks like at the moment. Maybe complicated, maybe simple. After all, for such an idiot, AOS is perfect.
Michal Umma
“Tv nerd. Passionate food specialist. Travel practitioner. Web guru. Hardcore zombieaholic. Unapologetic music fanatic.”
