Yes, that is the whole purpose of this thread on Forex Factory. You are seeing what I saw, potential for a winning system, but not knowing exactly what price action is doing in between the open and close.
I don't ever trade if the pip range is bigger than 30, in fact I don't trade if it's bigger than 25 (Zam goes to 30).
I don't ever trade if the pip range is bigger than 30, in fact I don't trade if it's bigger than 25 (Zam goes to 30).
DislikedYes it has the bottom indicator is the Wick Measuring Indicator which has horizontal lines on it at ranges of 20 to 30 and -20 to -30
Doing a quick visual backtest it appears that there's potential for a winning system here. However it is difficult to know what the price action is in each of those bars to really determine profitability.
However just looking at those particular bars it appears most of them are winning trades.
However I see quite a few bars where the pip range of the wick is bigger than 30 Pips and it's difficult to know if price...Ignored