Strategy is based on two indicator that is Exponential moving
average(EMA) and Tick Volume segment(TVS). It trade only
GBPUSD pair on 10 minutes time frame. I choose EMA to determine trend
direction on shorter time frame, and TVS to make entry. As 55 is a
fibonacci number, so I used 55 period EMA, and after adjusting TVS
value to best entry point, I found that 24 period of TVS works
perfectly on GBPUSD pair. Uptrend is determined to strategy, if candle
close is above EMA and downtrend is determined, if candle close is
below EMA. Base price for TVS is 0, and if current TVS value is
greater than previous TVS value and current TVS is above 0 and last
TVS is below 0, it will open buy order. If candle close is below EMA
and if current TVS value is less than previous TVS value and current
TVS is below 0 and last TVS is above 0, it will open sell order. Lot
size is fixed to 4 Million and take profit set to 33 pips with stop
loss of 60 pips.
average(EMA) and Tick Volume segment(TVS). It trade only
GBPUSD pair on 10 minutes time frame. I choose EMA to determine trend
direction on shorter time frame, and TVS to make entry. As 55 is a
fibonacci number, so I used 55 period EMA, and after adjusting TVS
value to best entry point, I found that 24 period of TVS works
perfectly on GBPUSD pair. Uptrend is determined to strategy, if candle
close is above EMA and downtrend is determined, if candle close is
below EMA. Base price for TVS is 0, and if current TVS value is
greater than previous TVS value and current TVS is above 0 and last
TVS is below 0, it will open buy order. If candle close is below EMA
and if current TVS value is less than previous TVS value and current
TVS is below 0 and last TVS is above 0, it will open sell order. Lot
size is fixed to 4 Million and take profit set to 33 pips with stop
loss of 60 pips.