Strategy based on one indicator: LWMA on two intervals : H1 (SlowMA
shift=0, time period=60) and M1 ( FastMAa shift=1, time period=60,
FastMAb shift=2, time period=60, FastMac shift=3, time period=60) and
working
on eurusd. Strategy works best in the consolidation , which can be
shown with indicator LWMA (deviation from average).
Start BUY if current price level < ( SlowMA - 0.008) and FastMAa >
FastMAb and FastMAb < FastMac .Buy positions will be opened until the
price exceeds SlowMA + 0.008 level.
Start SELL if current price level> ( SlowMA + 0.008 ) and FastMAa <
FastMAb and FastMAb >
FastMAc. SELL positions will be opened until the price exceeds SlowMA
- 0.008 level. TP = 100, and no SL. If there is an open position
BUY
and is
profitable (4 pips or more) and FastMAa < FastMAb and FastMAb >
FastMac or price>SlowMA + 0.008 then this
position is closing.If there is an open position SELL and is
profitable (4 pips or more) and FastMAa > FastMAb and FastMAb <
FastMac or price