EUR/USD, 10sec time period.
Strategy places short pending order when during 1 min. (last 6
candles
10s) difference Max - Close > 4.5 pips and Max - Open > 4.5 and Max
=> High (last 51candles 1M) - 0.5 pips and Max < High (last
30candles 10M) + 11 pips.
Initial TP=27 pips and SL=60 pips. Further, if profitloss => 7 (15,
20) pips SL=open price +1 (3,10) pips, if profitloss < -20 (-40)
pips TP=open price +1 pip (open price).
Conditions for opening and closing long positions are symmetrical
conditions for short positions. Trade amount =7.5M