This strategy works with EUR/USD pair, TF is 30 min. It uses just one
indicator - Center Of Gravity with the time period of 17, the smooth
period of 3 and smooth
type SMMA. Positions are being opened each day at 08:01 GMT (there is
more activity than usual around this time in FX market), the
algorithm
checks whether signal line is below cg line - if so, it opens a long
position or vice versa. Then at 10:01 GMT the strategy checks whether
the
conditions for a position opened at 08:01 GMT are still valid, in
case
the
strategy produces an opposite signal, the recent position is closed
and a position in opposite direction gets opened. TP is set to 90
pips, SL 30 - a rational RRR of 1:3. Strategy trades 5 lots positions
to avoid unnecessarily big drawdown.