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Trading Algorithm Template

Uploaded by

Ow Ner Ship
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34 views

Trading Algorithm Template

Uploaded by

Ow Ner Ship
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Trading algorithm template

Please use this file as a template only. Change all of its components so it will fit
your identity and your trading system
Your name: ________________

I set a goal to test Forex strategies during the next 1 month (at most) on a trading simulator on at least 5
years of historical data until I find the method that works.

Once the backtesting period is over, I must trade do the following during the next 2 months (from April 1
until June 1):

 Trade on a demo account


 Follow all the rules of my trading system
 Publish 1 post about the results of my trading in the social networks on a daily basis

The rules of my trading system:


Should be filled out before starting testing
Parameter Value
Currency pair EURUSD
Time Frame H1
Broker ECN Feed
Indicator 1 Simple Moving Average (60)
Indicator 2 Simple Moving Average (160)
Conditions for opening a buy order:
When the SMA (60) crosses the SMA (160) upwards

Conditions for opening a sell order:


When the SMA (60) crosses the SMA (160) downwards

Conditions for closing a buy order:


When the SMA (60) crosses the SMA (160) downwards

Conditions for closing a sell order:


When the SMA (60) crosses the SMA (160) upwards

Stop Loss & Take Profit


 No Stop loss is used in this strategy
 No Take profit is used in this strategy

Money management rules:


Backtesting statistics based on 12 years of historical data

Should be filled out after the testing has been finished

Net Profit (for 12 years) 4 870 pips


Maximum drawdown 2 905 pips
Initial deposit of the demo account $100
Used lot 0.01 (10 cents per a pip)
Risks in one trade No stop loss – no risks estimations are possible
Maximum risk per month No stop loss – no risks estimations are possible
Potential profit a month 34 pips
Potential profit a year 406 pips
Forecast
Deposit growth a month
Best scenario
Average result $3,4 (3,4%)
At worst

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