RisC WMAs crossover strategy - v.05 ALPHA

6시간 전

Simple Strategy of crossing multiple moving averages of price.
Effective on M15, M5 and M4
Used on USDJPY, USDBTC, EURUSD, US500, WTI, GOLD.

Entry:
- on crossing the low/high of last bar on which there was a red/green vertical bar signal displayed

Stoploss:
- above/below high/low of last ~50 candles

Close:
- be ready after the yellow short MA crosses white one (13MA), then close the trade (only if profitable!) on crossing low/high of the candle which is completely below/above the WHITE moving average (the signal candle cannot even touch this MA). If the trade is in loss do not close it - wait for the next signal.
- or on reversal signal

Possible ways of optimalisation:
1. additionally set the Win/Risk ration to 3:1 and after reach the 2:1, move the Stop loss to the break even level
2. if the vertical signal bar pops up on the graph wait till 10 second to it's end and quickly take the opposite position with setting the Stoploss just above/below the candle with signal bar. Then exit with the same tactic on the opposite signal. It often helps to generate small profits (instead of annoying loses) even on horizontal trends!
3. If you have a position opened after the signal occured and market is going against you, you can add to the position (eg. double it) using the same tactic described in #2
4. You can observe the higher timeframe's trend direction and take only the trades in the same direction
5. You can filter the signals generated by the RisC WMAs crossing strategy using the SMC (smart money concept) levels like Demand/Supply zones, order blocks, equilibrium. For example for tuning up the Stoploss levels when entering the trade, take profit zones not waiting for the strategy rules or just skipping different signals of the strategy.

Good luck! :-)