The strategy uses the following indicators;- SMMA-Low (Period =
15mins, applied price = Low Price ,Time Period = 14, Shift = 1), SMMA
-High (period = 15 mins, applied price = High Price ,Time Period =
14,
Shift = 1) and Momentum (period = 15 mins, Time Period = 12, shift
=1); The strategy generates a buy signal when the Tick bid price and
high price of last candle is greater SMMA-High, low price of last
candle is less than SMMA-High and momentum value is greater than 0.
The sell signal is generated when the opposite condition prevails.
Trade amount = 10 lots, Take profit = 25 pips, stop loss = 20 pips.