Simplicity is what applied to my strategy in the contest. It only use two indicator to determine the short term trend change of the EURUSD pairs before entering position. The first indicator is exponential moving average (ema 28) as displayed in the chart below.
The second indicator is moving average convergence divergence (macd 17,31,14) as displayed in the picture below.
The two combined indicator work in 5 minutes time frame of EURUSD pairs chart, where it will check for the value change of the macd indicator if it shifted from below zero to above zero and vise versa (see picture below). For long position it will look for macd value change from below zero to above zero, then it will be followed with checking for the current price of EURUSD pairs if it is above ema. If the two condition true and no other open position then the stratengy will placed long position. But if one of the condition not met then it will return as false.
Short position will be placed if macd indicator value change from above zero to below zero and the EURUSD pairs current price below ema and also no open positon at the moment.
Thank You.
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