Works during low volume periods of EUR/USD pair. Between 22:00 GMT
and 3:00 GMT looks for volume that is less than or equal to 100 mio
units
in 5 minutes period data.
When this is found takes buy at market if current price is on upper
half of previous 5 min bar or sell if it is on lower half. StopLoss
is put far from entry (85 pips), TakeProfit is close (minimum 3.5 pips
or one third of
previous bar high-low, whatever is bigger).
Position size is maximum possible that can accommodate hitting stop
without margin call. Number of lots is calculated as
lots=FreeTradingLine*0.8/1000000/(Price+StopLevelPips*0.0001)*Risk/10
where FreeTradingLine is equal to account Balance * Leverage, Price is
current price of traded pair, StopLevelPips is number of pips used for
stop (85 in this case), and Risk is set at 10, meaning that complete
available amount is put to risk.
Generally, looks for small profits, trades once/twice daily.
Does not use any technical indicator.