- Trading Logic. I want to catch strong trend with one min candle
- Description of indicators. I use RSI(14) for 15 min and SMA(21) for
15 min to place long or short orders. When RSI is above 50 and SMA1 is
more than SMA3(SMA is rising) then I am ready to place the long order.
When RSI is below 50 and SMA1 is less than SMA3(SMA is decreasing)
then I am ready to place short orders. I also use ADX(14) for 15 MIN
to make sure that it is strong trend. Only place orders when ADX1 is
0.02 greater than ADX2.
- Explanation of chosen settings. Time frames using 15 MIN, currency
pairs choose EURJPY depends on which chart I thought that it was
strong trend in the whole month , SL is 13, TP is 89 because I love
- Trade volume is 8 because the SL is only 13. We can make big risk to
try the contest.