EUR/USD, 10 min.
STOCH - standard levels; RSI - standard levels. trend filtering by
WaddahAT and RSI reversal check
Open position amount - 40% from maximum amount with leverage.
Initial TP 50 points; SL 700 points.
Managing open trade:
1) If profit/loss > 6pip, 11pip or 16pip set corresponding SL:
-5pip, -10pip or -15pip.
2) IF STOCH cross below 50 and PL >16 pip - close SELL trade.
IF STOCH cross above 50 and PL >16 pip - close BUY trade.
Please read full description of the strategy in blog:
https://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=217514