A few words about strategy. Trading pair – EURJPY, time period –
5
min. Strategy based on four indicators: BBANDS (300, 1.0, 1.0, EMA),
RSI (100) with signal lines 56 and 44, Awesome (50, SMA, 100, SMA)
and
MINMAX (30) close price. About the signals for open position. When
RSI
is less 44, positive is less zero (awesome) and last tiсk is lower
than lower band, there is a signal for pending open (PO): sell stop
with PO enter 10 pips from MIN(30) (opening by trend) and buy stop
with PO enter 20 pips from MIN(30) (opening buy roll back), when we
talk about down trend. When RSI is more 56, negative more zero and
last tiсk is upper than upper band, there is a signal for PO: buy
stop with PO enter 10 pips from MAX (30) (opening by trend) and sell
stop with PO enter 20 pips from MAX (30) (opening buy roll back),
when
we talk about up trend. There is breakeven point management (BEP MGT)
for PO in each side, for long and short positions, opened buy trend
and buy rollback.