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The idea is to trade the end of every significant correction on EURUSD
M5. - Trading Logic. We're searching for particular pattern - in
uptrend three we need three bearish candles followed by two bullish
candles. Once we have them it is a buy signal. Respective in downtrend
- we need three bullish candles and two bearish after them. I use this
pattern to find the end of the the correction. - Description of
indicators. The only used indicators are 90 periods EMA on M5 and . I
use it to determine …
M5. - Trading Logic. We're searching for particular pattern - in
uptrend three we need three bearish candles followed by two bullish
candles. Once we have them it is a buy signal. Respective in downtrend
- we need three bullish candles and two bearish after them. I use this
pattern to find the end of the the correction. - Description of
indicators. The only used indicators are 90 periods EMA on M5 and . I
use it to determine …