Trending strategy Gundurowo cloned

Good day, dear readers of ForTrader.org Trader magazine. Today I would like to discuss with you one of the most famous in the circles of traders trading strategy with the mysterious name Gundurowo cloned. The indicators included in the strategy are often found as components of various trading strategies, which are actively discussed on various Russian-language forums.

Input parameters

• Currency pairs: any
• Timeframe: any
• Trading hours: 24 hours a day
• Type of strategy: trending, indicator

Installing the Gundurowo cloned trading strategy

Trading strategy Gundurowo cloned is installed in the standard way. If you have done everything correctly, after restarting the terminal the desktop of your terminal should look something like this:

Used indicators

Gundurowo cloned trading strategy consists of ten indicators: two of them are informers, 8 influence the decision to enter the market. Now briefly on each:

• MA Candles - this indicator colors candles in red and blue. Blue - bullish trend, red - the trend is bearish. The indicator is based on the crossing of two moving averages with periods 2 and 8. The algorithm of the indicator is very simple: if a moving average with period 2 crossed a moving average with period 8 upwards, the candles will be colored blue, until the opposite crossing downwards occurs, then the candles will be colored red. These parameters can be independently optimized by the trader for a particular currency pair.
• FGF 35SMA High - indicator is based on the fast moving average with a period of 35. It is shown on the chart as a red and blue line: blue line - bullish trend, red line - bearish trend. This indicator can be easily optimized by entering more convenient for trader parameters of moving average.
• FGF 35SMA Low - the indicator is actually a copy of FGF 35SMA High.
• Moving Average - Standard trend indicator of the MetaTrader 4 platform. The default period is 35. It can be optimized for certain trading conditions.
• FGF MABURD - the indicator is displayed as a line of red and blue color. It is the usual modification of the moving average with a period of 10.
• FGF CBRD -indicator draws entry points in the form of arrows up and down. In fact, it is an assistant, based on the intersection of two moving averages with a period of 10 and 35.
• FGF FBURD - the indicator is located in the first additional window in the form of red and blue bars. It is based on the RSI indicator with parameter 7. It acts as a filter in the strategy.
• FGF BURDYS - the indicator is also in the first additional window in the form of red, blue and yellow bars. It is based on moving averages. Blue color - bullish trend, red - bearish trend, yellow - bearish trend. Flat.

I did not describe the informers, because they are already visually clear.

Gundurowo cloned trading strategy signals

Trading strategy Gundurowo cloned gives us two signals: one weaker, the other stronger. Both signals can be used, but you must correctly calculate your money management by the strength of the signal.

Signal to open a buy position

Enter to buy if the following conditions are met:

• Candle blue indicator MA Candles must close above the FGF 35SMA High indicator (price crosses the FGF 35SMA High from bottom to top and closes with a blue bar).
• The FGF CBRD indicator draws an upward arrow.
• The FGF FBURD indicator bar is blue.
• The FGF BURDYS bar is colored blue (if yellow - do not enter, the market is flat).

The signal can be considered strong, if at the time the price crossed the indicator FGF 35SMA High, the indicator FGF 35SMA High was colored blue.

Signal to open a sell position

Enter the sale if the following conditions are met:

• A red MA Candles candlestick must close under the FGF 35SMA Low indicator (price crosses the FGF 35SMA Low from top to bottom and closes with a red bar) .
• The FGF CBRD indicator draws a down arrow.
• The FGF FBURD indicator column is red.
• The FGF BURDYS bar is colored red (if yellow - do not enter, the market is flat).

The signal can be considered strong, if at the moment of price crossing the FGF 35SMA Low indicator, the FGF 35SMA Low indicator was colored red.

Exit a position, stop-loss

The author of the strategy recommends exiting a position when the opposite signal appears. But, due to the fact that the market can sometimes give out a candle of 100 pips or more within a couple of minutes (depending on the currency pair), I would recommend you to use trailing stop. I advise to place the stop-loss on the local minimums and maximums or on important levels.

Compliance with the rules of money management

In every article I constantly remind you that money management is the foundation without which you will never be a successful trader. The author of the system recommends not exceeding the risk per position 2%, as well as keeping the ratio 1 to 2 (stop 20, profit 40, etc.)

My impressions.

Trading strategy Gundurowo cloned at first glance seemed to me overloaded with indicators, but during the analysis I realized that there is nothing unnecessary here. I was very pleased with the multicurrency strategy, because a trend is a trend. The weakness of the system is flat, but one profitable position overlaps 2-3 losing ones. In general, I recommend the strategy to both beginners and professionals.

Download Gundurowo cloned trading strategy template and indicators

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