My strategy (EMA73)works on eurusd ,and one hour period,
the indicators used in this strategy are (ema) period (3) and ema
period (7) (MEDIAN_PRICE).
The script of the strategy use onBar class;
with the opening of each new bar ; relative position of ema (3) and
ema (7) decides what position will be opened.
Shorts :
if the difference (diff1 = ema (3)-ema (7)) is positive then it is a
short position at market price .
Stop Loss is 63 pips above Open of the last bar closed (the stop is
variable) .
Take Profil is 18 pips below the Close of the last bar closed .
long :
if the difference (diff2 = ema (7)-ema (3)) is positive then it is a
long position at market price .
Stop Loss is 63 pips below Open of the last bar closed (the stop is
variable) .
Take Profil is 18 pips above the Close of the last bar closed .
The ratio (TP /Stop ) and the percentage of winning positions are key
to the success of this strategy .
Need over time to ensure.