Indicator: EMA 28, Stochastic oscillator (5,3,3)
Instruments: GBPUSD, GBPJPY, AUDUSD, EURUSD
Trade Amount 8
For a Short position-If Last Bid Candle Close Below Ema28 & Stochastic
Slowd is above 80 than strategy will check the type of last bid candle
whether it is a Buy candle(candle close should be grater than candle
open) or Sell candle(candle open should be grater than candle
close).In this case last bid candle should be a Buy candle hence a
Short position is opened. For a Long position- If Last Bid Candle
above Ema28 & Stochastic Slowd is below 20 than strategy will check
the type of last bid candle whether it is a Buy candle(candle close
should be grater than candle open) or Sell candle(candle open should
be grater than candle close).In this case last bid candle should be a
Sell candle hence a Long position is opened