Hello !! in October I won 3rd place in the strategy contest ,i am using same strategy constantly because i found its best and its work good for gbp/jpy pair.This strategy has help me win several times and now I will explain my strategy.

This Strategy Uses the Concept Of Exponential Moving Average Combined With Stochastic Oscillator. The Default Ema Period Is (28) & Default Stochastic Settings are (5,3,3) The Instrument is GBP/JPY , Trade Amount is 8, Slippage is 3 pips, Stop Loss is 200 pips, Take Profit is 8 pips & Time Period is 10 minutes.This strategy trades only on GBP/JPY based on two indicators Ema (28) & Stochastic (5,3,3).


Sell: If Last Bid Candle Close Below Ema28 & Stochastic Slowd is above 80 than strategy will check the type of last bid candle whether it is a Buy candle(candle close should be grater than candle open) or Sell candle(candle open should be grater than candle close).In this case to open a buy order last bid candle should be a Buy candle hence a Short position is opened.


Buy: If Last Bid Candle above Ema28 & Stochastic Slowd is below 20 than strategy will check the type of last bid candle whether it is a Buy candle(candle close should be grater than candle open) or Sell candle(candle open should be grater than candle close).In this case To open a sell order last bid candle should be a Sell candle hence a Long position is opened. If at any time there are two opened orders simultaneously, the strategy stops automatically.



Thank you very much!!!
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