Trading Logic: It uses EMA of 11 based on hourly period with 1 Hour
candle's open and close. I BUY when Hour Candle Close > EMA 11 and
Hour Candle Open < EMA 11. I SELL when Hour Candle Open > EMA 11 and
Hour Candle Close < EMA 11.Description of indicators: I have used many
customized indicators. I will describe them one by one. I started with
a customized time based indicator. I wanted my trades to be opened
only during 6 GMT and 16 GMT hours on Monday-Thursday. Using LAST ASK
CANDLE's Candle Time in GETTIMEUNIT function, I fetched day of week,
hour and minute in variables named - dayofweek, hour and minute
respectively. Using dayofweek less than 6 helped in excluding Friday's
trading day. hour variable was set as greater than and equal to 6 -
along with - less than and equal to 16. So, trading was set during 6
GMT and 16 GMT hours. In main strategy, I have used 1 Hour candle's
open and close along with EMA 11. Shift 1 is used for both 1 hour
candle and hourly EMA 11. I needed to determine bullish and bearish
candles. So, I used Close > Open for Bullish candles and Open > Close
for Bearish candles. I have already explained BUY/SELL logic in
trading logic section. Explanation of chosen setting: Lot size = 8
lots, Slippage = 5 pips, 250 pips is set as Stop Loss and 5 pips is
set as Take Profit. Method of trade volume calculation: Not used.

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