It's a simple strategy using Kairi indicator trading the EURUSD pair
on the 5 min timeframe.
The Kairi indicator is a momentum oscillator indicator which
calculates the rate of change. The indicator is used to compare the
strength of the pairs and is similar to the RSI and helps to determine
the overbought and oversold levels.
Kairi calculates deviation of the current price From its simple moving
average as a percent of the moving average.
kairi setting uses 30 timeperiods for calculating the deviation and
uses the ema instead of the default sma.
Trade setting is to trade EURUSD pair with a fixed 10M lot, stoploss
at 150 pips and take profit is 6 pips which allows to grab small
The Strategy sells when kairi output is positive and and higher than
0.000555, and buys kairi output is negative and lower than -0.000555