its a simple strategy use EMA17 as opening trades condition the currency is EUR/USD , frame time 30 minutes (for version 7 ) with trade amount 30M stop lose 150pips and take profite 6pips (for version 7 ) . there is 4 blocks of get historical candle for the last 4 candels . and 4 EMAs 17 blocks to watch last 4 EMAs status . the blocks of calculation, get time unit and assign as combination to limit the number of orders 3 per day.
the reason of using the EMA17 is to define the direction of market.
the strategy use full margin as a trading risk
so simply when the last 3 candles open above the EMA17 and the last one close under EMA17 and the last candle the close is greater than open the strategy take a long position ( buy) [ buy expl]
and the short position is exactly the oposite conditions its when the last 3 candles open under the EMA17 and the last one closed above EMA17 and the last candle the close is less than open.
there is tow verions of this strategy i have luntched the (version 6) the number of trades is one pes day with 3 pips take profite then i updated it to the (version 7) where the number of trades per day is 3 and the take profite is 6 pips
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