Strategy description:
EUR/USD, 1M time period. Strategy does not use indicators. Strategy
defines from 00:00 to 08:30 UTC maximum and minimum price and
calculates the average value. If at 08:30 last 1M candle Close price
>
average value, strategy opens short position. If at 08:30 last 1M
candle Close price < average value, strategy opens long position.
Short position SL=maximum price +10 pips, Long position SL=minimum
price -10 pips, TP=50 pips.
If profitloss => 12 pips SL=open price + 1 pip , if profitloss =>
25
pips SL=open price + 5 pips, if profitloss => 30 pips SL=open price
+
10 pips, if profitloss => 44 pips SL=open price + 30 pips. If
profitloss < -15 pips TP=open price
+ 1 pip , if profitloss < -30 pips TP=open price - 5 pips. Trade
amount =7.5M . Strategy places orders from Monday till Friday.