Strategy works in EUR/USD pair. For decisions to open positions two
indicators are used - SMA and RSI (time frame 1 hour). 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 144, SL is 44. Initial trading
volume is 1M. After unsuccessful trade - trading volume is multiplied
by 1.3 in order to 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 intense
movements in the market then spread widens. One more check which is
made every 4 hours is implemented. Initially check if equity is higher
than initial target - 100'000 is made and if it the case open position
is closed and new target is set to present equity level. Later on
check is made if equity is higher than new set target.