Disliked{quote} Thanks. Yes i already started doing so manually for GU 08:00 until I find no other way. regards.Ignored
AVERAGE RETRACE ON ALL TRADES *** Biggest Retrace of all ranges is 61% --- 61% of a Range of 30 = 18.3 pips ***
does that 61% sound familiar? Maybe you could slap on a FIB on every 00-04 bar and put your SL at 61.8. By the looks of my stats that seems to be the "last" point where price will either reverse back in the original direction or keep going to break the other side. This will save you some pips and help you with your RR.
EDIT: I also have this stat.......
AVERAGE RETRACE ( ALL RANGES )
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11.85 pips
You have two options here if you want to try something new. Trade the 00-04 bar with AU.....Option #1 is to use the 61.8 Fib as your SL or where you start hedging if you still want to do that. Option #2 is to use a 12-15 pip SL or where you start hedging. The size of the range that you decide to trade is going to determine your RR as long as you keep your TP static.
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