A simple strategy based on Martingale with the opening position in
the
direction of the current local trend. Trading logic - if the current
1 Hour candle is closed bullish, then the strategy opens a Long
position. If the current 1 Hour candle is closed Bearish, then the
strategy opens the Short position. The strategy does not use any
indicators. The strategy trades on the EUR/USD currency pair. If
the current position is closed by take profit, the strategy opens the
next position in the start volume (2.0 million). If the current
position
closes by stop-loss, the next position opens at a doubled amount of 2
million to compensate for the loss from the previous unprofitable
trade and make a profit. SL 20 pips, TP 30 pips - this ratio is the
take-profit and stop-loss is optimal in terms of safety and
profitability of trade.
https://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=221899