The trend continuation strategy trades Eur usd on 15 mins default
period,
strategy created to determine long and short trade in trending market
using
Ichimoku, SMA cross logic and Rsi, Default
instrument Eur usd,
default period 15mins, Indicator used Ichimokuvf tenkan sen 10
period,
kijun sen 150 period, SMA period 35, SMA period 10, Rsi period 14,
the strategy verify if open positions is less or = 0, then check if,
tenkan sen and Kijun sen is above last bid candle close, sma 35
rise above Sma 10, = or below RSI 90 then opens short trade command,
then check if, tenkan sen and Kijun sen is below last bid candle
close, sma 10 rise above Sma 35, = or above Rsi 10 then open Long
trade command, exit and enter opposite trade if condition reverse,
stop loss 40pips ,take profit 30pips, trade amount 5m