Time-zone trading in eurusd

New comment
 

I came across a very interesting trading system in the current issue of Currency Trader Mag. (Page 26): http://www.currencytradermag.com/chrlm32/CurrencyTrader0607.pdf

Strategy code

Tradestation EasyLanguage Code

Setup on a 60 minute chart of the EURUSD symbol.

If Time=1700 Then Sell Short next Bar at C + 4 points Limit;

If Time=2100 Then Buy to Cover This Bar on Close;

If Time=2100 Then Buy Next Bar at C-0 points Limit;

If Time=0000 Then Sell This Bar on Close;

If Time=0500 Then Sell Short Next Bar at C + 3 points Limit;

If Time=0700 Then Buy to Cover This Bar on Close;

If Time=1100 Then Buy Next Bar at C-2 point Limit;

If Time=1500 Then Sell This Bar on Close;

Setstopcontract;

SetStopLoss (300);

Note: Time is NY(EST).

Any EA gurus out there can come up with a simple EA to take care of the logic above?

Thanks.

New comment