{quote} It's all relative really. But I have an EA that could possibly help with that: https://www.forexfactory.com/thread/...alances-and-ea It's designed for trading the initial balance but since it does have the option for you to enter times, you can use it for your custom times.
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Thanks. I saw that, but this version doesn't have the option to wait for a candle close outside the range, nor does it have a filter for the minimum size of the candle breaking the range.
It would be very good to program an expert advisor that analyzes a specific time range at specific times and that the operation begins with the breaking of the range but with a candle that closes above and with a candle that closes below said range.
Hey everyone, I wanted to share the Montecarlo simulation for this EA.
For those of you who aren't familiar with Montecarlo simulations, a Montaarlo simulation in trading backtesting randomly reorders or modifies historical price data thousands of times to test how the algorithm performs across different market scenarios. Instead of just testing on one historical sequence, it shows you a range of possible outcomes and the probability of different performance levels, giving you a more robust view of your strategy's reliability and risk.
Middle yellow line is the most possible outcome.
Pink line is the best result possible.
Green line is the worst possible outcome.
Range Trading Range trading is a strategy that focuses on identifying periods when the market is consolidating rather than trending. During consolidation, the price moves within a defined range, bouncing between a "range low" and a "range high". Traders look to trade on these price movements by buying near the range high level and selling near the range low level. Range Break Out Strategy Now based on these established range highs and lows, we want to trade on strong impulse break outs. The trades aren't taken right at the range highs or lows to...
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Bro do you have any form of contact,email or socials
