Mmarch2016 is my strategy based on AUDJPY. It uses EMA 10 with 1
minute candle to gauge the price action. 15 minute candle is used to
determine bullish or bearish bias. Trading Logic: I use price action
based strategy for USDCAD. I will now explain every step of my
strategy. Firstly, I shall explain about time conditions which decides
if my strategy is in "active" or "passive" mode. My strategy is in
"active" mode - during 6 GMT and 17 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 13) & (less than and equal to 17). So, trading was set during 6 GMT
and 17 GMT hours.