Strategy works only with EUR/USD. Does not use any technical
Checks each tick and spots when spread between ask and bid is small
(0.2 pips) and that position is close to high or low of previous five
minutes bar. Takes time stamp of that event and after 5 minutes checks
where price did go. If price did go more than 5 pips, opens new
position. Position direction is further decided depending on previous
day price action. TP/SL and Buy/Sell is swapped depending on previous
day action. If previous day had less than 105 pips between high and
low, TP/SL and Buy/Sell are swapped when opening position. Position
size is capped at 6 lots, but checks if there is enough funds so that
margin call does not happen before SL is reached and reduces position
Doesn't open new trade on Friday after 13:00 GMT.
Closes position, if exists, at 17:55 GMT on Friday.