The strategy uses one Exponential Moving Average with 9 periods (EMA
9) as indicator of trend direction. If the last candle opens below the
EMA line and close above EMA line, the strategy puts a long pending
order in candle maximum price, with pending order valid until 00:00
GMT. In other way if the last candle opens above the EMA line and
closes below the EMA line, the strategy puts a short pending order in
candle minimum price, valid until 00:00 GMT. In backtests, the 1 hour
period and EUR/USD pair shows better results than other pairs and
timeframe. Also in backtests, the combination of 5 pips for take
profit and 60 pips for stop loss shows a high acurracy in profit
trades probabilities. Trailing Stop of 1 pip step is implemented in
the last version. Trade amount of 10 lots seens to be a balanced trade
amount for the USD 100.000,00.
9) as indicator of trend direction. If the last candle opens below the
EMA line and close above EMA line, the strategy puts a long pending
order in candle maximum price, with pending order valid until 00:00
GMT. In other way if the last candle opens above the EMA line and
closes below the EMA line, the strategy puts a short pending order in
candle minimum price, valid until 00:00 GMT. In backtests, the 1 hour
period and EUR/USD pair shows better results than other pairs and
timeframe. Also in backtests, the combination of 5 pips for take
profit and 60 pips for stop loss shows a high acurracy in profit
trades probabilities. Trailing Stop of 1 pip step is implemented in
the last version. Trade amount of 10 lots seens to be a balanced trade
amount for the USD 100.000,00.