(Trading Logic. Where and how strategy trades. Its uses past 4
candles
to make logical trades.Upon satisfying the the condition
=>if(close1>open1 & close 2>open 2 & close3>close3 & close4>copen4 &
close4>open0 ) =>then buy equal or more than 5 million EUR/USD with 7
pips take profits and stoploss 300. else sell equal or more than 5
million EUR/USD with 7 pips take profits and stoploss 300.)
(Description of patterns that i am trading. Candles has been used to
identified short term trend.4 past candles are used to look up recent
trend and trigger buy or sell according to trend.) (Description of
indicators Currently not using any indicators but in future i can add
indicators to improve strategy.) (Time frames This strategy is
designed for intraday trading and that's why 10min time frame has
been
chosen.) (currency pairs EURO AND USD are two currencies which are
traded globally with high volumes and very popular among many trader,
thus chosen it.) (Take Profits and Stoploss Range of pips is very
small in 10 minutes time frame and that's why Take profits of 7 pips
has been settled in this strategy. Basically this strategy used trend
to find possible orders and in my experience trend is like friend and
all traders trade with trend and generally not put stoploss,so chosen
300 sl(can be 0 also) ) (Other settings Not other setting has been
put
in this strategy but can be update in future.)