Trading logic: The symmetric strategy is based on ATR block and
candlestick values of open close, high and low on the currency pair
GBP/USD.
Open and closing price of the candlesticks Description of indicator:
The main indicator for this strategy is ATR and the strategy will
check 30 m and ATR 5 period and execute buy order if value difference
of closing price and opening price (co) is greater than value of ATR
(5) multiplied by base co>base*atr (time period 12) at30 min time
frame. If value difference between opening price and closing price
(oc) is greater than the value of ATR (5) multiplied by base
co>base*atr (time period 12) then sell order is executed. Stop loss
and take profit is calculated based on the price of the last tick ask
and bid price. Chosen settings: Currency pair: GBP/USD; Timeframe: 30
min; Take profit 35; Stop loss 31, Initial order amount is 2m with a
lot adjustment based on loss recovery strategy, if profit loss is less
than 0 then increases the amount to 2.5 m, ATR base is 0.2.