Ragnarok

This strategy is a trend-following trading system that utilizes two EMAs in combination with the Stochastic indicator and candlestick trend direction.
Orders are modified based on a predefined distance and the candlestick's closing price. Entries are aligned with candlestick momentum that matches the current trend direction.

Take Profit targets are placed using a two-stage approach. For example:

• The first stage includes 4 orders with a combined Take Profit aiming for a 1,000-point gain.

• The second stage places smaller Take Profits, such as 400 points or less, to increase the likelihood of closing positions efficiently.

Traders can also choose specific trading sessions to operate in.
To avoid high volatility, it is recommended to stay out of the New York Session.

Additionally, the strategy allows for directional filtering — you can choose to trade only in one direction, such as Buy only or Sell only. For gold trading (XAUUSD), it is advisable to focus on Buy positions only due to its long-term bullish bias.

Recommended timeframes: M5 and M15.

In the end, money management is crucial. Investing involves risk, so it's important to study and understand thoroughly before making any investment.