"Emastic_New" Strategy Uses the Concept Of Exponential Moving Average
Combined With Stochastic Oscillator. The Default Ema Period Is (28) &
Default Stochastic Settings are (5,3,3) The Instrument is GBP/JPY ,
Trade Amount is 8, Slippage is 3 pips, Stop Loss is 500 pips, Take
Profit is 8 pips & Time Period is 10 minutes. For a Short position-If
Last Bid Candle Close Below Ema28 & Stochastic Slowd is above 80 than
strategy will check the type of last bid candle whether it is a Buy
candle(candle close should be grater than candle open) or Sell
candle(candle open should be grater than candle close).In this case
last bid candle should be a Buy candle hence a Short position is
opened. For a Long position- If Last Bid Candle above Ema28 &
Stochastic Slowd is below 20 than strategy will check the type of last
bid candle whether it is a Buy candle(candle close should be grater
than candle open) or Sell candle(candle open should be grater than
candle close).In this case last bid candle should be a Sell candle
hence a Long position is opened.