The strategy uses one Exponential Moving Average with 9 periods (EMA
9), plus default Parabolic SAR as indicators of trend direction. If
the parabolic sar indicates long trending and 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 parabolic sar incates short trending
and 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), plus default Parabolic SAR as indicators of trend direction. If
the parabolic sar indicates long trending and 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 parabolic sar incates short trending
and 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.