"Emastic" Strtegy uses the concept of Exponential Moving
Average and
Stochastic Oscillator. The Default EMA period is 34 and Default
Stochastic periood is (5,3,3) I use two Exponential Moving Average
First EMA-34(shift 0) & Second EMA-34(shift 1). I use EMA applied
to
HL/2.
The Instrument Used is GBP/JPY, Time period is 15 minutes, Trade
amount is 5, slippage is 5, take profit is 13pips, stop loss is 500
pips.
For a Buy Trade:-
If open position amount is 0 & if EMA-34(shift 0)>EMA-34(shift
1) it
mostly shows the trend direction than strategy will check the value
of
stochastic-%d if it is below 20 level than strategfy will open a buy
trade.
vice versa for a downtrend strategy will open a sell trade.
