My "fejogep" strategy that work only the pair EURUSD on period Hourly
(newest GBPUSD on period 1 min)
and it's based on historycal candle and indicator sma. The sma
settings are Period = Hourly (newest 1min), Time Period = 8 and Shift
= 1 and the
historycal candle Period = Hourly (newest 1 min), Shift = 10. These
"default"
settings are found to be the best on the basis of my backtests.
Trading logic: strategy to open sell position if sma signal < than
Last Tick Tick Bid and Last Tick Tick Bid > than historical
CandleHigh
and strategy to open buy position if sma signal > than Last Tick Tick
Bid and Last Tick Tick Bid < than historcal CandleHigh. Strategy
verify the time/day, also trading daily 9-17 Hour also if there are no
open orders than open the
position with amount of 6 lots, Stop Loss of 249 pips and Take Profit
of 5 pips.