This is a Visual Jforex Strategy that subscribes EURUSD currency and
uses a correlation between EMA, DEMA and last ASK bar to make the
order entry decision. The timeframe is 15 minutes.
The principle of work is: If the DEMA Indicator is greater or equal
than the last ask close bar and the EMA indicator is greater or equal
than the last ask close bar, the strategy is doing a SEEL order. If
the DEMA Indicator is lesser than the last ask close bar and the EMA
indicator is lesser than the last ask close bar, the strategy is
doing
a BUY order
The orders are made with a short TP and a long SL interval. The EMA
and DEMA indicator is configured with the time period 4.
.