Forumsee logo

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)


Read responses in forexfactory.com

Last videos:

$GYNAF Huge News!
$GYNAF Huge News!
any one know about this system..
any one know about this system..
BITCOIN : Top 4 Bitcoin BTC Price Predictions 2018
BITCOIN : Top 4 Bitcoin BTC Price Predictions 2018
Anyone have a Walabot (imaging sensor for wires, pipes, studs in walls)?
Anyone have a Walabot (imaging sensor for wires, pipes, studs in walls)?
EXPLOR Resources Inc. EXS/EXSFF/E1H1 NEW VIDEO INTERVIEW
EXPLOR Resources Inc. EXS/EXSFF/E1H1 NEW VIDEO INTERVIEW
my video in my youtube channel in 19/1/2018 that i predict COLLAPSE
my video in my youtube channel in 19/1/2018 that i predict COLLAPSE
Menuva - Payments Adjustable to You
Menuva - Payments Adjustable to You
$FUSZ on iHeartRadio CEO Money Today
$FUSZ on iHeartRadio CEO Money Today
Cars · 
Mobility · 
Hardware · 
Motorbikes · 
Travel · 
Boating · 
Aviation · 
production-frontend
About Forumsee · Contact · Privacy policy · Request content removal
We use cookies for navigation analysis and personalized advertisement. By using our site, you agree to our use of cookies.
Accept  ·  Learn more