Strategy description: EUR/USD, 1M time period. Strategy does not use
indicators. Strategy defines from 00:00 to 08:30 UTC maximum and
minimum price and calculates the average value. If at 08:30 last 1M
candle Close price > average value, strategy opens short position. If
at 08:30 last 1M candle Close price < average value, strategy opens
long position. Short position SL=maximum price +10 pips, Long
position
SL=minimum price -10 pips, TP=50 pips. If profitloss => 11 pips
SL=open price + 1 pip , if profitloss => 25 pips SL=open price + 5
pips, if profitloss => 30 pips SL=open price + 10 pips, if profitloss
=> 44 pips SL=open price + 30 pips. If profitloss < -14 pips TP=open
price + 1 pip , if profitloss < -28 pips TP=open price - 5 pips.
Trade
amount =7.5M . Strategy places orders from Monday till Friday.