FxTraderis2017 works on EURUSD and uses indicators: EMA, SMA, RSI. RSI
is a momentum oscillator that measures the speed and change of price
movements. RSI oscillates between zero and 100. If RSI is reading
below 27, that to mean that price action has been weak, and the asset
being charted may be ‘oversold.’ If RSI is reading above 73, then
price action has been strong, and price may potentially be
over-bought. IF emaSmall1 (10 Mins, Time Period 2, shift 1) > ema1
(Hourly, Time Period 60, shift 1) (Up trend) AND smaSmall0 (10 Mins,
Time Period 10, shift 0) - smaBig0 (10 Mins, Time Period 30, shift 0)
> 0.0002 AND IF RSI (1 Min, Time Period 14, shift 0) < 27 - open BUY.
IF emaSmall1 (10 Mins, Time Period 2, shift 1) < ema1 (Hourly, Time
Period 60, shift 1) (Down trend) AND smaBig0 (10 Mins, Time Period 30,
shift 0) - smaSmall0 (10 Mins, Time Period 10, shift 0) > 0.0002 AND
IF RSI (1 Min, Time Period 14, shift 0) > 73 - open SELL. IF
ProfitLoss in Pips > -10 AND RSI (1 Min, Time Period 14, shift 0) > 78
- close BUY. IF ProfitLoss in Pips > -10 AND RSI (1 Min, Time Period
14, shift 0) < 22 - close SELL. Volume = 0.00005 * Equity. IF Volume >
8, THEN Volume = 8. Stop Loss 100 pips. Take Profit 100 pips.

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