This is a jforex Strategy that subscribes EURUSD currency and uses
the
indicators: RSI (Relative Strength Index), SMA (Simple moving
Average)
and EMA (Exponential Moving Average). The time frame is 15 minutes.
The RSI is applied to the Open price with 10 and 14 periods and the
trigger is 50 %. The SMA and EMA are applied to the Close price with
10 periods. The Strategy is: When the RSI (10 periods) is greater
than
50% and RSI (14 periods) is greater than 50% and the last bid bar
close price is greater than SMA and EMA. When the RSI (10 periods) is
lower than 50% and RSI (14 periods) is lower than 50% and the last
bid
bar close price is lower than SMA and EMA then is doing new BUY
order.
The orders have a short TP and a long SL.