This is a very simple strategy that looks for a crossover of 5 period EMA applied to closing price over 7 period EMA applied to closing price. One other filter that I have added to filter out noise is 34 EMA applied to closing price. When the price is trading above 34 EMA and the 5 period EMA crosses the 7 period EMA from below to upside, a buy is placed at market on the closing of the candle. if number of open positions is 0. And if price is trading below 34 EMA and the 5 period EMA crosses the 7 period EMA from above to the below side then a sell is placed at market on the closing of candle if the number of positions opened is 0. Trading time frame is 5 minutes, currency pair is EURUSD, amount to trade is 7 million, stop loss is 300 pips and take profit is 15 pips.