Strategy uses combination of MACD and MA indicators on 5 Min time
frame. Buy signal is generated when MACD is above zero and if 2
period
MA crosses above 5 period MA. Sell signal is generated when MACD is
below zero and if 2 period MA crosses below 5 period MA. Stop loss
is
10 pips and profit limit is 30 pips.
The currency pair used is EURO-USD and 7 Lots of 1M. Strategy opens
new trade only between 0600 to 1500 Hrs.