It a simple scalping strategy, which is based on time and price
action. It does not use any complex indicators. The only thing it uses
as an indicator is distance for current price to high (for buy) or low
price (for sell), expressed in ratio. It allows only to buy, when
price is near high price (price is between high and midle between high
and low. It allows only to sell when price is between low and midle
between high and low. Strategy uses 1 hour and 15 minutes candles to
define if it has a trade. If both candles are UP - it sells, if both
candles are DOWN - it buys. For exit there's 2 different strategies:
1. This strategy entry hours are 6, 13, 17, 18, 19, 20, 21, 22. It
always has 5 pips take profit. This strategy also has a limitation by
days.
2. This strategy trades only during calm market, when NY is closed
already. Entry rules are the same as 1, just take profit is previous
candle high (for buy) or low (for sell).