Strategy has 3 branches. First works when RSI is between 25 and 75,
excluding 47.5 - 52.5 interval.
This branch principle is benefit from sideways movements. Strategy
in USDJPY pair and opens LONG and SHORT trades in array with SL - 100
pips and TP - 30 pips.That means if sideways movements comes for some
time there is good
possibility to benefit from TP more than 3 times smaller than SL.
Situation in market is checked every hour. First trade direction is
chosen based on last hourly candle - if candle is bearish - LONG
trade is opened, if bullish - short trade is opened. Later on,
direction is changed
every time after position is closed not depending of outcome.
size in this branch is 5M.
Second branch works when RSI is bigger than 75 or less than 25. If
bigger than 75 short position is opened and if less than 25 long
position is opened. Situation is checked every 4 hours. If there is
open position from 1 branch it is closed. Also is closed if open
position is from 2 branch. Position size in this branch is 8M.
Third branch works when RSI is inside 47.5 - 52.5 interval. Position
10M, TP - 3 pips, SL - 100 pips. Situation is checked every 4 hours.
Principle of this branch is to catch small movement when market is
If there is open position when this branch is triggered existing open
position is closed.