Category Trend  Published on 10/11/2023

USDJPY 12H TREND TITAN

Description

The Trend Titan robot employs a combination of technical indicators, including Moving Averages (MME), Relative Strength Index (RSI), BullsBears Impulse, and the Average Directional Index (ADX), to identify potential trends in the market. The strategy is executed when specific conditions are met, such as the alignment of fast and slow moving averages, RSI levels within a certain range, and the presence of bullish or bearish impulses.

Risk Management: Trailing Stop Loss

The Trend Titan robot features a dynamic trailing stop functionality. Traders can enable or disable the trailing stop.

If enabled, the algorithm monitors open positions and adjusts the stop-loss levels based on market movements. The trailing stop triggers when the market moves in a favorable direction beyond a specified threshold ("Trigger"). It then trails the market, maintaining a set distance behind the current price with each step ("Trailing Step"). This feature aims to secure profits during favorable market conditions while allowing room for potential upward movements.

Defaults:

  • Take Profit: 300 pips
  • Stop Loss: 120 pips  
  • Trailing Stop Enabled
  • Trailing Stop Trigger: 150 pips
  • Trailing Stop Step: 50 pips
  • Slow MA Period: 100   
  • Fast MA Period: 20 
  • RSI Period: 10
  • ADX Period: 7
  • BullsBear Period: 5

THE STRATEGY IS ADAPTED TO THE USDJPY 12 HOUR CANDLES

Contact: WhatsApp

Email: pierrekungu.trading@gmail.com 

Use at your own risk!!

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The author decided to hide the source code.
peter_kungu's avatar
peter_kungu

Joined on 01.06.2023

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Trend Titan.algo
  • Rating: 0
  • Installs: 455
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