lapkritis2017

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Strategy has 3 branches. First works when RSI is between 25 and 75, excluding 47.5 - 52.5 interval. This branch principle is benefit from sideways movements. Strategy works in USDJPY pair and opens LONG and SHORT trades in array with SL - 100 pips and TP - 30 pips.That means if sideways movements comes for some time there is good possibility to benefit from TP more than 3 times smaller than SL. Situation in market is checked every hour. First trade direction is chosen based on last hourly candle - if candle is bearish - LONG trade is opened, if bullish - short trade is opened. Later on, direction is changed every time after position is closed not depending of outcome. Position size in this branch is 5M. Second branch works when RSI is bigger than 75 or less than 25. If bigger than 75 short position is opened and if less than 25 long position is opened. Situation is checked every 4 hours. If there is open position from 1 branch it is closed. Also is closed if open position is from 2 branch. Position size in this branch is 8M. Third branch works when RSI is inside 47.5 - 52.5 interval. Position size is 10M, TP - 3 pips, SL - 100 pips. Situation is checked every 4 hours. Principle of this branch is to catch small movement when market is quite flat. If there is open position when this branch is triggered existing open position is closed.
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