Strategy based on H4 candles. Transactions are opening after 1st hour
new H4 candle if the range previous H4 is bigger than set minimum
range.
The direction is determined by price of middle of range previous H4.
If current price is above this price then robot opening long
transaction, if is below then opening short. For long transaction SL =
current price - Low previous H4, for short SL = High previous H4 -
current price. TP=SL. Lot value is calculated by SL that every
transaction give similar profit or loss. I use pair USDCHF.
new H4 candle if the range previous H4 is bigger than set minimum
range.
The direction is determined by price of middle of range previous H4.
If current price is above this price then robot opening long
transaction, if is below then opening short. For long transaction SL =
current price - Low previous H4, for short SL = High previous H4 -
current price. TP=SL. Lot value is calculated by SL that every
transaction give similar profit or loss. I use pair USDCHF.