New script in FXApps: [Strategy] Holy Grail

Posted By Admin Tuesday, April 01, 2014
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 Posted Tuesday, April 01, 2014

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Holy Grail

The Holy Grail strategy is based on opening positions in the direction of existing or emerging trend at the moment of the price correction. To determine the strength of the trend, the combination of ADX, EMA and Stochastic indicators is used.
  • Stop/Limit – positions will be closed only by Stop/Limit orders
  • Opposite signal – positions will be closed when opposite signal is generated
  • By ADX indicator – positions will be closed if ADX value falls below 20
In addition there is a possibility to use Trailing Stop order – it will be added to any managing parameter selected in the previous setting.

Also the strategy allows modifying the ADX levels that are used to open positions and the indicators parameters.

Best regards

-ACTFX© Forum Administrator
Tuesday, August 12, 2014 by Admin

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