i had spent a few hours eye balling on EURUSD 5M chart. It looks like buying and selling at the first blue/red seems to work [Only trade after 0600 GMT+0]. When there is ranging market , there are some small losses but overall it's making pips every week.
Just need a proper TP and SL. Can anyone make an EA that use the indicator to trade ? It seems too good to be true. Anyone able to point out any flaw with the indicator ?
P.S The indicator doesn't seem to repaint so I guess my eye balling should be accurate.
Just need a proper TP and SL. Can anyone make an EA that use the indicator to trade ? It seems too good to be true. Anyone able to point out any flaw with the indicator ?
P.S The indicator doesn't seem to repaint so I guess my eye balling should be accurate.