FedUp EURUSD on 5 mins chart. SL 11 TP 222 Indicator Keltner(10).
Trade Amount 15.
Trade Long if Last candle Shift1 low is lower than previous shift2
candle low
but higher end of shift2 candle is above the Upper band and last tick
bid is below middle band. Trade short
if
Last candle shift1 high is greater than previous
shift2 candle high but lower
end
of shift2 candle is below the lower band and last tick bid is above
middle band. Spread should be always less than
2
pips for trading. If Profit is more than 1 pips after 20:00 GMT
trades are closed for the date. Long trades will be closed if last
bid candle closes below the opening and high is above the upper band.
If the last bid candle is bearish and low is below lower band then
trade is closed as soon as last tick bid is above middle band.
Similarly Short trades will be closed if last bid candle closes above
the opening and candle low is below the lower band. if the last bid
candle is bullish and high is above the upper band then trade is
closed as soon as last tick bid is below the middle band. Trades in
trend are closed only if Profit is more than or equal to 11 pips.
For Long trade is in trend if last bid candle low is not below lower
band. Similarly if last bid candle high is not above upper band Short
trade is in trend.