The strategy is built on four indicators, and it uses EURUSD
instrument to trade on 10 minutes chart. Indicators are Exponential
moving average (Period 30), TVS(Period 24), CCI(Period 14) and
RSI(Period 14). Mainly EMA has been used to define direction on a
short time period. When the last candle closed below EMA and TVS
value
is below 0 and RSI value is in between 40 to 50 with CCI reading
below
to equals to -100, it will open a short trade. Similarly, when the
last candle closed above EMA, with RSI reading in between 50 to 60
and
TVS value is also above 0 and CCI value is above and equals to 100,
it
will open long trade. Take profit 20 pips, stop loss = 80 pips and lot
size = 5 Million and all are fixed.