EMA2RSIcontest is a simple strategy that uses 2 EMAS and RSI with
specific values to open the orders. Basically it works on M15 charts
and the indicators parameters are the follows:
RSI - Period = 3; one EMA with 200 period and another with 21 period.
To open a BUY order at the market, the RSI value must be bellow 10,
the
price must be above the EMA 200 and bellow the EMA 21. To open a SELL
order at the market, the RSI value must be above 90, the price must
be
bellow the EMA 200 and above the EMA21. The strategy use a fixed
amount
of 7 lot, Take Profit 12 pips and Stop Loss 120 pips.