This strategy uses RSI Indicator to compute buy and sell signal. These RSI basically computes the strength between EUR and USD and if the difference is greater than 10 between the RSI, it generates signal to buy or sell based on which ever is the stronger pair.
This strategy uses RSI Indicator to compute buy and sell signal. These RSI basically computes the strength between EUR and USD and if the difference is greater than 10 between the RSI, it generates signal to buy or sell based on which ever is the stronger pair.
This strategy uses RSI Indicator to compute buy and sell signal. These RSI basically computes the strength between EUR and USD and if the difference is greater than 10 between the RSI, it generates signal to buy or sell based on which ever is the stronger pair.
Instrument : GBPJPY Timeframe : 30 Min Take Profit : Dynamic - 3 times (Open price - previous candle low) Stop Loss : Dynamic - previous candle low Indicators : BB (default setting) on 30 Hour Condition : When previous price closes below mid band and current candle closes above the high of previous candle - Buy vice versa for sell
Instrument : EURJPY Timeframe : 1 Hour Take Profit : 0 pips Stop Loss : 0 pips Indicators : CDMI (default setting) on 1 Hour Trend Envelop (default setting) on 4 hour timeframe Condition : When Trend Envelop high band above price and CDMI is below 35 - Sell When Trend Envelop low band below price and CDMI is above 65 - Buy Only opens 1 trade per day and closes the position at 2000 Hrs and 1800 Hrs on friday. To reduce stoploss of 5 pips is added once the profit exceeds 30 pips.
Instrument : EURJPY Timeframe : 1 Hour Take Profit : 0 pips Stop Loss : 0 pips Indicators : CDMI (default setting) on 1 Hour Trend Envelop (default setting) on 4 hour timeframe Condition : When Trend Envelop high band above price and CDMI is below 35 - Sell When Trend Envelop low band below price and CDMI is above 65 - Buy Only opens 1 trade per day and closes the position at 2000 Hrs.
Instrument : EURJPY Timeframe : 1 Hour Take Profit : 0 pips Stop Loss : 0 pips Indicators : CDMI (default setting) on 1 Hour Trend Envelop (default setting) on 4 hour timeframe Condition : When Trend Envelop high band above price and CDMI is below 35 - Sell When Trend Envelop low band below price and CDMI is above 65 - Buy Only opens 1 trade per day and closes the position at 2000 Hrs.