my strategy uses no indicator but math and logic. it follows the
trend
of the last two candles on a 10 minutes period. it takes the prices
for the last two candles. if those prices are higher at the end of the
period (10 minutes) than at the start, the strategy buy, if not the
strategy sells. it does not by or sell if any other trade is going
on.
the SL is set at 30
pips
and tp at 10 pips so i hope i can make much more positive trades than
negative
ones. it uses the eur/usd intrument and the amount is set to 5mil all
the time, unfortunately this is not 100% working, dont know why.
i chose the eur/usd instrument because it is most stable and even if
trade is going near the sl margin it may recover. the time frame of 10
minutes and the other settings of SL 30 pips and TP 10 pips have been
chosen by me after i had many runs on the historical tester. i came p
with those settings as beeing the most profitable ones.