Description
CHN Future is an EA (Expert Advisor) called One Shot configured on FXCE Giga for automation.
Trading Strategy of CHN Future:
Strategy Description:
– On the D1 timeframe, draw two lines to form a zone from the previous D1 candle (including the candle’s wicks).
– On the M15 timeframe, when the candle touches the drawn lines, wait for a signal to enter a trade.
- Enter a BUY trade when: The candle touches the lower line and closes within the zone, followed by a green candle. If the candle touches the drawn line and is green, enter a BUY trade immediately.
- Enter a SELL trade when: The candle touches the upper line and closes within the zone, followed by a red candle. If the candle touches the drawn line and is red, enter a SELL trade immediately.
– Set Stop Loss (SL) and Take Profit (TP) at 25-25 or 20-40 pips.
Risk 1% of total capital for each trade.
Technical Indicators:
MTF_Candle with D1 timeframe parameter.
Giga CHN Future Configuration Guide:
Set the entry point for a BUY trade.
Set the entry point for a SELL trade.
Set the volume and take profit for each trade.
Set the action.
Features:
- Data Buffer for use in Giga.
- Simple and easy to use.
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