GBPUSDinAPRIL2015

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.
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