Quantower strategy development

Tarea técnica

Instrument I will trade: DAX
Chart: 9 ranges (on Quantower)
               with 18 ranges (on multichart)
Indicators: VWAP,
                 Stocatic slow set (5/3/3)
                ,a 20-period exponential moving average, a 30-period exponential moving average
 N.B. “Momentum” indicator to be constructed only for convenience: When the 20 average is above the 30 it draws a single green 25 period average, while when the 20 average is below the 30 it draws a red 25 period average.

 Long trading conditions (alarm bell)
1) Price above VWAP
2)Green Momentum
3) Stochastic oversold
Short trading conditions (alarm bell)
1) Price below VWAP
2)Red Momentum
3) Stochastic overbought

Long input trigger after the alarm bell (2 scenarios)
After the stochastic has touched the level between 25 and 0, a green candle is expected and a position is opened one point above the reversal candle.
The price drops on the VWAP (the mementum can also be red) and only if the stochastic is between the 25 and 0 level, a green candle is expected and a position is opened one point above the reversal candle.
Trigger for short input after alarm bell (2 scenarios)
after the stochastic has touched the level between 75 and 100, a red candle is expected and a position is opened one point below the reversal candle.
The price rises on the VWAP (the momentum can also be green) and only if the stochastic is between the 75/100 level, a red candle is expected and a position is opened one point below the reversal candle.

Trade management:
Stop at 15 points
20 point target

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Información sobre el proyecto

Presupuesto
30 - 40 USD
Plazo límite de ejecución
a 2 día(s)

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(5)
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