Hi, i want to share with you this very simple system, the idea is to scalp the big candles. Generally, when a big move is detected, we have a good chance it will go further for 20 pips.
I had backtest it manually for the last 3 months, so it is necessary to demo it and backtest it more.
The result :
june EUR/USD 120 PIPS GBP/USD 120 PIPS EUR/JPY -20 PIPS TOTAL 220 PIPS
JULY EUR/USD 0 PIPS GBP/USD 80 PIPS EUR/JPY 140 PIPS TOTAL 220 PIPS
AUGUST EUR/USD 60 PIPS GBP/USD 40 PIPS EUR/JPY -20 PIPS TOTAL 80 PIPS
The rules :
pairs : EUR/USD GBP/USD EUR/JPY
TF 4H
when a candle body (close - open) > 80 pips, i go in the same direction at the open of the next candle with TP = 20 pips and SL = 100 pips
here are the last trades on GBP/USD
I had backtest it manually for the last 3 months, so it is necessary to demo it and backtest it more.
The result :
june EUR/USD 120 PIPS GBP/USD 120 PIPS EUR/JPY -20 PIPS TOTAL 220 PIPS
JULY EUR/USD 0 PIPS GBP/USD 80 PIPS EUR/JPY 140 PIPS TOTAL 220 PIPS
AUGUST EUR/USD 60 PIPS GBP/USD 40 PIPS EUR/JPY -20 PIPS TOTAL 80 PIPS
The rules :
pairs : EUR/USD GBP/USD EUR/JPY
TF 4H
when a candle body (close - open) > 80 pips, i go in the same direction at the open of the next candle with TP = 20 pips and SL = 100 pips
here are the last trades on GBP/USD