Here another backtesting result.
The purple and blue lines are the equity and balance.
What this does is:
After the pivot point is hit, go long if 4h candle closes above pivot and go short if 4h candle closes below.
TP is 50 pips.
SL is pivot point.
The purple and blue lines are the equity and balance.
What this does is:
After the pivot point is hit, go long if 4h candle closes above pivot and go short if 4h candle closes below.
TP is 50 pips.
SL is pivot point.