This strategy really caught my attention!
Actually on my visual backtest, I made now over the weekend, says that the winning rate is quiet high!
The piont is now to find a reasonable Stop Loss rule...
When I check some pairs we need around 15 pips space to get the trade into TP... If this Stop Loss get hit we need 4 straight winners to get back to breakeven ( -15 pips + comissions plus we pay comission on every winning trade)
I will open up a freshly demo account to see how it works with a fixed SL...
Actually on my visual backtest, I made now over the weekend, says that the winning rate is quiet high!
The piont is now to find a reasonable Stop Loss rule...
When I check some pairs we need around 15 pips space to get the trade into TP... If this Stop Loss get hit we need 4 straight winners to get back to breakeven ( -15 pips + comissions plus we pay comission on every winning trade)
I will open up a freshly demo account to see how it works with a fixed SL...