USDJPY strategy based on the 4 hour time frame using 4 indicators
namely, MACD, EMA, SMA and stochastics. MACD ( shift = 0, fast
period=12, slow period = 26, signal period =9), EMA (shift=0, time
period=5), SMA (shift=0, time period=30), STOCH(shift=0, fast %k
period=5, slow %k period =3, slow %k MA type = SMA, slow %D period =
3, slow % D MA type = SMA) Buy strategy--> MACD > MACD Signal; EMA 5
>
SMA30; Candle closes above the SMA 20 line and slow % D < 70 Sell
Strategy---> MACD < MACD Signal; EMA5< SMA 30; Candle closes below
the
SMA 20 line and Slow %D > 30 Once the buy and sell conditions are
met,
open at market, with a trade size of 10mil, with 5 slippage, TP=10,
SL=15