(Trading Logic. Where and how strategy trades. Its uses past 2
candles
to make logical trades.Upon satisfying the the condition
=>if(close2>open 1 & low2>low1 & high1>low2 ) =>then buy equal or more
than 5 million EUR/USD with 50 pips take profits and stoploss 25.
else
sell equal or more than 5 million EUR/USD
with 50pips take profits and stoploss 25.) (Description of patterns
that i am trading. Candles has been used to
identified short term pattern .2 past candles are used to look up
recent pattern 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 15min 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 15 minutes
time frame and that's why Take profits of 50 pips has been settled in
this strategy. Basically this strategy used
pattern to find possible orders and in my experience pattern is
popular among friend and all traders trade with
some kind of candles pattern and generally put stoploss 25 ,so as to
satisfy postive risk reward ratio. (Other
settings Not other setting has been put in this strategy but can be
update in future.)