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Trading Logic. Where and how strategy trades. Its uses past 2 candles
to make logical trades.Upon satisfying the the condition
=>if(close2>open 1 & low2>low1 & high1>low2 ) =>then buy equal or more
than 5 million EUR/USD with 7 pips take profits and stoploss 300. else
sell equal or more than 5 million EUR/USD with 7pips take profits and
stoploss 300.) (Description of patterns that i am trading. Candles has
been used to identified short term pattern .2 past candles are used to
look up recent pattern and trigger buy or sell according to trend.)
(Description of indicators Currently not using any indicators but in
future i can add indicators to improve strategy.) (Time frames This
strategy is designed for intraday trading and that's why 15min time
frame has been chosen.) (currency pairs EURO AND USD are two
currencies which are traded globally with high volumes and very
popular among many trader, thus chosen it.) (Take Profits and Stoploss
Range of pips is very small in 15 minutes time frame and that's why
Take profits of 7 pips has been settled in this strategy. Basically
this strategy used pattern to find possible orders and in my
experience pattern is popular among friend and all traders trade with
some kind of candles pattern and generally put stoploss 300 ,so as to
satisfy postive risk reward ratio. (Other settings Not other setting
has been put in this strategy but can be update in future.)
to make logical trades.Upon satisfying the the condition
=>if(close2>open 1 & low2>low1 & high1>low2 ) =>then buy equal or more
than 5 million EUR/USD with 7 pips take profits and stoploss 300. else
sell equal or more than 5 million EUR/USD with 7pips take profits and
stoploss 300.) (Description of patterns that i am trading. Candles has
been used to identified short term pattern .2 past candles are used to
look up recent pattern and trigger buy or sell according to trend.)
(Description of indicators Currently not using any indicators but in
future i can add indicators to improve strategy.) (Time frames This
strategy is designed for intraday trading and that's why 15min time
frame has been chosen.) (currency pairs EURO AND USD are two
currencies which are traded globally with high volumes and very
popular among many trader, thus chosen it.) (Take Profits and Stoploss
Range of pips is very small in 15 minutes time frame and that's why
Take profits of 7 pips has been settled in this strategy. Basically
this strategy used pattern to find possible orders and in my
experience pattern is popular among friend and all traders trade with
some kind of candles pattern and generally put stoploss 300 ,so as to
satisfy postive risk reward ratio. (Other settings Not other setting
has been put in this strategy but can be update in future.)