This is a follow trend strategy algorithm. The follow trend is
basically open a position with the same direction that the actual
price action. This Strategy only traded EURUSD pair from Monday to
Friday. It uses the RSI (Relative Strength Index) indicator configured
with Ten minutes Timeframe, twelve periods related to offer side ASK.
The trigger values are 40 and 60. It uses also the last ASK candle
crossed with the RSI indicator. In general, the algorithm is when the
RSI is greater than 60 and last bar is "GREEN" (close price is greater
than open price) then is thrown a new BUY order. If RSI is lower than
40 and the last bar is "RED" (close price is lower than open price) is
thrown a new SELL order. The orders are made with a long SL (300) and
a short TP (4) with 5 lots amount.