The EA catches long trends by crossing a moving average on 15min time frame.
The EA has 50 pip noise filter which prevents the EA to jump on every little move.
Tested on 15min EUR/USD pair between 2001 and 2010 with 90% history accuracy with great results.
T.P = 350 pips;
S.L = 20 pips;
Most of the time the EA loses, however one T.P overcomes 17 losses !
So generally its profitable.
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With the MTF RSI Indicator you can easily identify the oversold/overbought levels on several different timeframes by using only one chart.Real Cloud
Cloud indicator based on 2 Moving Averages.