DislikedThis is a serious question, when the flash crash happened on 2nd January, did anyone find themselves dealing with this situation on GBPJPY (happened on alot of other pairs as well) and if so how? {image} Regards, PaulIgnored
Yes, I have a fix for that flash crash but you need to build a EA to do it. Create a EA that uses Starc Bands or George's verison. Set it to about multiplier 9 and run it based on the H4 Chart. The stop loss will hit the outer band so you will really get a hard hit.
BUT you now set it to BUY back or take a reversal trade on the way back at a slightly higher Lot size. This way will end up with green pips three weeks later. I tested this on my EA tester and every single large spike does return to base or close enough.
I have it running on every EA account I am running at present.
The other version I tested was a Bollinger Band 100 / 2 which also works.
Trading thin liquidity at the boundary of the charts
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