This strategy trades on EURUSD currency pair. Opened position's amount is 25 percent of free margin. It has input parameter d: distance in points. Strategy uses fixed stop loss 4*d points and take profit d points. It is not use any indicators. Trading logic based on the values of current price p0 and three last extremums p1,p2,p3 (where p1 - last extremum, p2 - previous to p1, p3 - previous to p2). When p2-p3>d*4 pips and p2-p1>d*2 pips and p0-p1>d pips, trading signal to buy appears. When p3-p2>d*4 pips and p1-p2>d*2 pips and p1-p0>d pips, trading signal to sell appears. If there are no opened positions, new order submit. If |p1-p2|>d*4 pips or |p0-p1|>d*2 pips, then p2,p3 values reset to p1.