Forex bot full strategy with risk management

3 авг. 2021 г.

This is a full strategy designed for forex major pairs, specially EUR/USD using 1h time frame chart.

Its components are
200 EMA
MACD
OBV
PSAR
RIsk management with tp and sl movements


Rules for entry
For long = Previous histogram from MACD was below 0 and current one is above 0. CLose of a candle is above EMA 200 , OBV oscillator is negative and we have an uptrend from PSAR
For short = Previous histogram from MACD was above 0 and current one is below 0. CLose of a candle is below EMA 200 , OBV oscillator is positive and we have an downtrend from PSAR

Rules for exit
For tp and sl values we calculate the distance from the close of candle until the psar values.

If you have any questions, let me know !