Strategy works in EUR/USD pair. For decisions to open positions two
indicators are used - SMA and RSI (time frame 15 min). Checking of
situation in market is done every minute. If rate is under SMA and
RSI
is not less than 35 strategy sells and in rate is above SMA and RSI
is
not higher than 65 strategy buys. TP is 7, SL is 33.
Initial trading volume is 1M. After unsuccessful trade - trading
volume is multiplied by 3.5 in order to partially cover previous
position losses. After successful trade trading volume is reset to 1
M.
Additionally spread is calculated and position is opened only if
spread is 0.4 pips or lower. This is done in order to avoid opening of
positions during time when spread is high.