Ziyabash_0614V2..
strategy based on psar(0.02,0.2) and stochastic(10,2,2) indicator on
the 10min timeframe with EURJPY pair.
The psar indicator is used to determine the direction of trade, while
the stochastic is used to measure the strength and volatility.
The stochastic oscillator provides overbought and oversold levels, in
a trending market, these levels help to determine market sentiments.
Works best in the trending market. The strategy uses a standard 5mil
lot size.
The 10 min timeframe is chosen to give you an early entry and avoid
risk of retracement.
The stoploss level are set at 19 pips and Takeprofit are set at 39
pips with a risk reward ratio set to 1:2.
Opens a buy position when stocastic above 95 and psar below price and
sells when stochastic below 5 and psar above price.