In this strategy, I'm using 2 indicators: EMA and Stochastic. I trade
two pairs: EUR/JPY and GBP/USD on 5 minutes time frame with amount
trade 5M, slippage 3 pips, stop loss 36 pips, take profit 12 pips. For
EMA, I'm using period = 28 in a 5 minutes time period to know if the
instrument is oversold or overbought. For Stochastic, I'm using fast
%K period = 5, slow %K period = 3, slow %K MAType = SMA and slow %D
period = 3 in a 5 minutes time period to confirm what trend is going
to be. Opens sell positions if last bid candle close below EMA,
Stochastic Slowd > 80 and last bid candle open is less than last bid
candle close. Opens buy positions if last bid candle close above EMA,
Stochastic Slowd < 20 and last bid candle open is greater than last
bid candle close.