DislikedHere I would start to filter:
No short trade in OS zone, no long trade in OB zone.
But: I wouldn't set a rule that the EA trades only outside of OB/OS zones as we would lose some good tradesIgnored
I have been playing around with different settings on 5 min charts in the event anyone is curious about the 5 mins. Have used a 14,14 on Gbp/Usd for last few days (London session, turned off when major news breaking) and it turned a $10k demo into $15k (risky amount of lots). 50 pip limit and 33 pip stop (SL has not been hit once).
Eur/Usd has seen mixed results and still trying to find some good settings there for 5 mins.
Have had 1 trade thus far on the 4 hr and sitting around 150+pip profit at the moment. Standard 8,13 setting.
I have not used it on the 15's. Visually doesn't seem to be a good timeframe for this indi. If anyone has 15 min data/ideas let's hear about it.