IOO is a strategy involving multiple currency pairs on 1 hr chart
following the same rules turn by turn involving
EURGBPAUDNZDUSDCADCHFJPY SL 20 TP 240. Indicators used adx(14),
DEMA(20), DEMA(24) MINMAX(30).
TradeAmount is 25/max. Orders can be placed between 00:00 to 20:00
GMT. Trade when adx >=24. Go short if dema20 less than dema24 and
previous
candle high
above dema20 or max30. Go long if dema20 >= dema24 and low of
previous
candle below dema20 or min30.. SL moved to
-5 if
Profit more than 20 pips. If profit is more than 75
pips SL moved to -72 and if Profit is more than 199 SL goes to -192.
After 1hr candle formed if Profit more than 30 pips order is closed.
Any
open
trades shall be closed after 20:00 GMT if Profit more than 16 pips.
