(binned per thread starter's request) First H4 Candle of the Week

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Hi MrGreen95, good ... a bigger timeframe like daily, and weekly and fundamental analysis should work better with your idea. You can take AUDUSD and the break of the Monday's low for example. Also a smaller timeframe like 4h should help for aditional entries.

I heavily back tested this strategy with automation and ran damned near every conceivable MM, stop loss, take profit, trail stop, martingale, trade opening buffer amount, etc and it fails long term mostly due to all the times getting whip sawed around that 4 hour candle. Your mileage may vary