Shevvy
Private, 1st Class
- Messages
- 34
After many requests from traders asking if I would trade for them, I am considering whether or not to start a small forex incubator fund.
However, in advance of any decision I would like to give the strategy a practical test before a group of independent, impartial and sceptical observers, and hopefully receive any feedback, good or bad!
I have based the would-be fund on a strategy I developed entitled 'The Cevn Bounce'. If you are not already aware of this free strategy, then full details can be located on the internet.
To help understand my trading plan I have included two screen captures to show you my setup.
Image1 (1_WorkScreen.png).
My strategy uses five moving averages; 20, 50, 100, 150 and 200 EMA's with market trends and the CCI momentum indicator to produce the Trade Info. To achieve my goal, I had to develop a mathematical equation that computes the moving averages using momentum, market trends and pivot points to indicate the stake units I should place for that particular trade, this from a maximum of five units on any one trade. I then write the results on the screen under Trade Info to follow the next day. The three yellow lines in the momentum indicator window show the last trades that occurred on this pair.
Image2 (2_TradeScreen.png).
This screen is only for the placing of trades generated by the strategy, while, the weekly Pivot Points (Erik's Pivots), are used to assist in the closure of any trades.
All trades are generated from 4 EUR pairs, EURAUD, EURGBP, EURJPY and EURUSD.
However, in advance of any decision I would like to give the strategy a practical test before a group of independent, impartial and sceptical observers, and hopefully receive any feedback, good or bad!
I have based the would-be fund on a strategy I developed entitled 'The Cevn Bounce'. If you are not already aware of this free strategy, then full details can be located on the internet.
To help understand my trading plan I have included two screen captures to show you my setup.
Image1 (1_WorkScreen.png).
My strategy uses five moving averages; 20, 50, 100, 150 and 200 EMA's with market trends and the CCI momentum indicator to produce the Trade Info. To achieve my goal, I had to develop a mathematical equation that computes the moving averages using momentum, market trends and pivot points to indicate the stake units I should place for that particular trade, this from a maximum of five units on any one trade. I then write the results on the screen under Trade Info to follow the next day. The three yellow lines in the momentum indicator window show the last trades that occurred on this pair.
Image2 (2_TradeScreen.png).
This screen is only for the placing of trades generated by the strategy, while, the weekly Pivot Points (Erik's Pivots), are used to assist in the closure of any trades.
All trades are generated from 4 EUR pairs, EURAUD, EURGBP, EURJPY and EURUSD.