SET BUY ORDER ON EMA200 IF EMA21 CROSSED HIGHER AND H1 OPEN PRICE IS >
BUTTERWORTH xN PERIODS.
SET SELL ORDER IN OPPOSITE CONDITIONS.
WILL CUT RUNNING POSITION ON CONDITIONS REVERSAL.
PROTECTIVE STOP LOSS 200PIPS.
FIXED LOT SIZE 3 MLN.
TP IS MIN/MAX 500 M5.
FIXED INSTRUMENT GPBUSD.
THE STRATEGY WILL CAUSE HEAVY LOSS ON TIGHT RANGE-BOUND PATTERNS
(AROUND 100PIPS) WHILE WILL BE EXTREMELY PROFITABLE ON TRENDS AND
LARGE RANGEBOUNDS (> 300PIPS).
JANUARY CAUSED HEAVY LOSS IN BACKTESTING (100 to 300pips total over
the month).