The strategy uses MACD Indicator and Candles on a 5 Minutes chart for
GBP-JPY. MACD is used to determine the direction and the candles are
used to determine the entry. If the MACD is above zero and if the 2nd
last candle was bearish and the previous candle is bullish and when
the price goes above the high of the previous candle, a buy trade is
triggered. If the MACD is below zero and if the 2nd last candle was
bullish and the previous candle is bearish and when the price goes
below the low of the previous candle, a sell trade is triggered. The
strategy only generates new trades between 12 to 17 HRS GMT and uses 4
lots. Profit limit is 32 pips and stop loss is 100 pips.