This a strategy which is particularly used for EURUSD, I have back tested the strategy and its best suited for EURUSD.
you can also check with other pairs.
I have attached the optimized value for EURUSD.
kindly use the optimized value and test by yourself.
it will give you great results if you run long time say 5 to 10 years.
it will pick approximately 10 trades / month.
1.Run 5 mins timeframe in (EURUSD) Chart , change time frame: 30 mins in EA settings, Run at least 5 years for best result
2. If you want to reduce drawdown percentage then ignore trades in +1 and -1 levels,
3. Again if you want to reduce drawdown then use profit reset yes ( reset value 1 if you are trading 0.01 lot size, if you trading 0.1 lots then use profit reset 10).
4. Reward to risk ratio is almost 2.
5. Every order has set with fixed target and Stop loss.
6. Preferable 2000 USD for trade in 0.1 lot size.
7. change the time frame 30 mins in EA and run the EA in 5 mins chart with the equity 2000 usd
8. Test in precise ( every tick method)