Trend Finder strategy is aimed at medium and long-term trading and adapted to any trading instrument.
- Awesome Oscillator (5 , 34).
- Stochastic (Full; 5 , 3, 3).
- Moving Average (Simple, 200).
Conditions for opening positions are fairly simple.
- Current price is above the MA;
- The Stochastic% K parameter has crossed the lower level (default = 20) from below;
- Awesome Oscillator indicates an upward trend (colored in green).
«Trend Finder» opens a sell position if all the following conditions are met:
- Current price is below the MA;
- The Stochastic% K parameter has crossed the upper level (default = 80) from above;
- Awesome Oscillator indicates a downward trend (colored in red).
Risk management is represented by the following configurable parameters:
- Number of positions that can be opened by the strategy simultaneously is regulated by the parameter «Maximum number of opened position» (default = 2 ).
- Stop and Limit orders on open positions.
- There is an alternative way of closing positions. The «Close Positions By Opposite Signal» setting allows closing an open position when a new signal in the opposite direction is generated (enabled by default).
- Trailing Stop - an optional feature that allows you to reduce the risks (enabled by default).