In this strategy, I'm using 2 indicators: EMA and Stochastic. The
strategy trade EUR/JPY on 10 minutes time frame with amount trade 6M,
slippage 3 pips, stop loss 299 pips, take profit 12 pips. For EMA, I'm
using period = 28 in a 10 minutes time period to know if the
instrument is oversold or overbought in shorter time period. For
Stochastic, I'm using fast %K period = 5, slow %K period = 3, slow %K
MAType = SMA and slow %D period = 3 in a 10 minutes time period to
confirm what trend is going to be in a shorter time period. Opens sell
positions if last bid candle close below EMA, Stochastic Slowd > 80
and last bid candle open is less than last bid candle close. Opens buy
positions if last bid candle close above EMA, Stochastic Slowd < 20
and last bid candle open is greater than last bid candle close
strategy trade EUR/JPY on 10 minutes time frame with amount trade 6M,
slippage 3 pips, stop loss 299 pips, take profit 12 pips. For EMA, I'm
using period = 28 in a 10 minutes time period to know if the
instrument is oversold or overbought in shorter time period. For
Stochastic, I'm using fast %K period = 5, slow %K period = 3, slow %K
MAType = SMA and slow %D period = 3 in a 10 minutes time period to
confirm what trend is going to be in a shorter time period. Opens sell
positions if last bid candle close below EMA, Stochastic Slowd > 80
and last bid candle open is less than last bid candle close. Opens buy
positions if last bid candle close above EMA, Stochastic Slowd < 20
and last bid candle open is greater than last bid candle close