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2 bars strategy on daily time frame

Trading Systems @ Forex Factory - www.forexfactory.com
Hi There,

Visually doing back testing gives amazing results on this strategy, looking for some coders to create an EA.

Time Frame: Daily

LONG Trade: Look for 2 consecutive bull candle, set pending long order at high (combining both candles) +10 pips and SL LOW - 5 pips.

TP: none, just keep moving the SL. For Ex. If the trade starts to go in your favor, let it go and keep waiting for 2 consecutive bear candles, once identified move the SL to LOW-5 pips of these 2 bear candles.

SHORT Trade: Just opposite of LONG

OK, lets say your pending LONG order didn't trigger and you see 2 bear candles, Cancel the long order and set pending short as per strategy.

Following ex of AU trade

Attached Image (click to enlarge)
Date: Jun 19, 2017   


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