The strategy uses multiple timeframes viz 1Hour and 5Minutes. The
strategy gives a buy order if
1. In 1 Hour Chart, the high of the last 5 candles is less than
price.
2. In 5 Minutes Chart, Stochastics slow K of stochastics is less than
50 and slowk crosses slowd upward.
The strategy gives sell order if the opposite conditions holds true.
Indicators used is stochastics and Historical Candles. Currency pair =
EURGBP, Trade amount
=
4/7 lots, Take profit = 9, Stop Loss = 65.