GBPUSDinAPRIL2015 is my strategy for April for GBPUSD on hourly time
frame with EMA of Time Period 36. Trade lots Amount = 8 Lots; Take
Profit = 30
pips; Stop Loss = 300 pips.I have also implemented a additional take
profit safeguard to protect against market volatility. Whenever this
strategy gains more than 10 pips in profit, then open positions are
closed whenever profit slides below 4 pips.BUY order execution
conditions: (1) High of Hour Candle of Shift 1 is greater than High
of
Hour Candle of Shift 2. (2) Low of Hour Candle of Shift 2 is less
than
Low of
Hour Candle of Shift 3 (3) Open of last Minute Candle is greater
than
EMA 36 of
Shift 0 and (4) Low of Hour Candle of Shift 1 is less than EMA 36 of
Shift
1.
And the exact reverse conditions hold true for SELL order execution.