SMA_Martingale:
This strategy is using SMA indicator for positions entry and
martingale based money management!
The strategy uses SMA-35 and compare it to the last TickBid if the
price is above SMA35, it opens long position if it's under the
indicator then short position will be open. There is additional
block
which is looking for the distance between the price and the SMA. If
it
is too far away , because of wild market conditions, like price gaps
and too high volatility, strategy waits for better entry.
Positions sizing is based on martingale theory , it doubles the trade
amount on each lost trade.
After a winning trade, the position amount goes back to the initial
0.05M.
TP is 32 pips and SL is 16 pips.
The trade pair is USD/JPY.