Indicators Used in the strategy:-
EMA of Time Period 34 and Shift 0 and 1, and
Historical Candles of Shift 1, 2 and 3.
Trade lots Amount = 10 Lots;
Take Profit = 60 pips; Stop Loss = 60 pips.
The Strategy will execute a buy order if
Open of last Candle is greater than EMA of Shift 0;
Low of Candle of Shift1 is less than EMA of Shift1;
Low of Candle of Shift 2 is less than Low of Candle of Shift 3;
High of Candle of Shift1 is greater than High of Candle of Shift3.
The Strategy will execute a sell order if
Open of last Candle is less than EMA of Shift 0;
High of Candle of Shift1 is greater than EMA of Shift1;
HIgh of Candle of Shift 2 is greater than HIgh of Candle of Shift 3;
Low of Candle of Shift1 is less than Low of Candle of Shift3.