I started testing averaging+hedging around 200 Bollinger Bands on M15. The basic setup is to have price move 20% ADR(100) away from BB and enter opposite trade with 20% ADR(100) TP. And then Average. And if it runs away, hedge on M5 and M1, looking for price to enter 200BB on that timeframe and opening hedging position of 50-80% size with that same 20% ADR(100) target.
Here's an example of easy trades. Hey, keep it small. Currently using 0.02% risk for reach trade.
Here's an example of easy trades. Hey, keep it small. Currently using 0.02% risk for reach trade.
1.02^200