Profitable strategy presented by Joel Rensink. It is explained in the provided link. It trades very infrequently, has a low risk and can be a good supplement in your trading arsenal.
All standard functionality provided in EA's produced by MQL Service is included. For listing please see this page. Additionally OneNightStand EA includes the Money Management module.
The rules of One Night Stand strategy are as follow:
* Buy only on Fridays--- at one pip above the highest high of the last ten days--- if the 10 day simple moving average is above the 40 day simple moving average based on Thursday's closing price.
* Sell only on Fridays--- at one pip below the lowest low of the last eight days--- if the 10 day simple moving average is below the 40 day simple moving average based on Thursday's closing price.
* If you get filled on either rule, exit on Monday morning's open, or Tuesday morning's open, if Monday is a holiday.