This strategy is based in two indicators! Witch are the Simple Moving
Average - SMA (200) and the Commodity Channel Index - CCI (15). The
SMA is a simple, or arithmetic, moving average that is calculated by
adding the closing price of the security for a number of time periods
and then dividing this total by the number of time periods. The CCI is
used to identify a new trend of warn of extreme conditions, measuring
overbought and oversold levels. This strategy is used to negociate the
pair EURUSD. And i use it in a time frame of 1 minute period. For the
orders are placed to the market, this system analyzes and sets off a
series of routines: First, set it in Target Point or Stop Loss value.
SMAs conditions: First, the Close price of the last candle has to be
above than the Simple Moving Average, at the same time, the bid close
price must to be lower than the SMA. If the system finds all
conditions, then it goes into Sales positions And these are the
conditions for entry into position Sell. For the inverse situation:
First, the Close price of the last candle has to be below than the
SMA. If the system finds all those conditions, then it goes into the
Purchase position And these are the conditions to place long
positions. Once placed orders in the market, these will only close it,
when finding a 10 pips TP or SL of 100PIPS . As you can see I used a
fix volume to trade. The CCI will only help to confirm a trend so this
strategy is based in SMA, the CCI will help for a second check.