This is my new strategy. It works with EUR/USD on 1H. It is a
symmetric strategy. I use data (close and open) of last historical
candle and three Simple Moving Averages with time period 50, 100,
200. When the last candle size (close - open or open - close) > 20pips
and
candle body cross all three SMA, strategy opens an order in the
direction of the last candle for the last candle size 20-40pips (TP =
40, SL = 20), 40-60pips (TP = 50, SL = 40), 60-80pips (TP = 60, SL =
60), 80-100pips (TP = 70, SL = 80), and for >100pips (TP = 80, SL =
100). When the last candle size (close - open or open - close) >
10pips and
candle body cross one or two SMA, strategy opens an order in the
direction of the last candle for the last candle size 20-40pips (TP =
10, SL = 20) or in the opposite direction of the last candle for the
last candle size 10-20pips (TP = 5, SL = 15), 40-60pips (TP = 20, SL
=
40), 60-80pips (TP = 40, SL = 60), 80-100pips (TP = 60, SL = 80), and
for >100pips (TP = 80, SL = 100). The trade amount is 5.