Martins Strategy

2 parts

Main one - 1 / 1.25 RR

Scalp - No fixed RR 


Main

On the Supertrend the pip distance between the buy signal and sell line - 50% of that is the stop-loss.

That is to be 0.5% of capital.

Risk-to-Reward ratio is 1 / 1.25

Exactly the same set-up for short positions (so 50% of the distance from the sell signal to buy line)

This will work on all time-frames for backtesting and forward testing leading to an automated system 



Scalping

Same indicator but this time the stop-loss will be 25% of the distance between the buy / sell signal so that it is closer to the entry price than on the main strategy

The take-profit will depend on trend direction. Trend direction will be based on the 200 MA slope. 

If the trend is upwards:  

	- On a long position 50% at the close of the entry candle and 50% on the close of the next candle (unless it hits the stop-loss)
	- On a short position 100% close at the end of the entry candle


If trend is downwards:

	- On a short position 50% at the close of the entry candle and 50% on the close of the next candle (unless it hits the stop-loss)
	- On a long position 100% close at the end of the entry candle



This will work on all time-frames for backtesting and forward testing leading to an automated system.


I would like a menu system also so that I can change parameters to try different setups without having to re-code.

I would like to be able to change:

	- Risk-rewards ratio
	- The % distance from the buy/sell signals
	- On the scalp setup, the % closing on candles 
	- The indicator that determines trade direction 
	- Timeframe
	- Ability to turn on / off setup, so for example only test the scalp and not the main one and vice versa (to avoid news events) 
	- Set max number of trade limits
	
Once I am happy with backtesting, I will then like to automate trading with this.

Hope this is all ok. 

Martin

downhillbikes@gmail.com