EurUsdcountertrend_v19 is a candle close strategy, which trades only the EurUsd pair based on buying when the maket is bearish and selling when the market is bullish - making use of retracement. It trades on a 1 minute chart. For this I use the indicators: fibonacci pivot points - set to 1 hour, and RSI_14, set to 4hour. The market is deemed bullish when the price is above pivot Resistance1 (below Resistance3) in a 1 hour period and RSI_14 is above 60 in a 4 hour period - it sells when a 1 minute candle closes between Fib pivot Resistance 1 and fib pivot Resistance 3 on an hourly chart and RSI_14 is above 60 on a 4hr chart. Vice versa it will buy when a 1 minute candle closes between fib pivot Support1 and Support3 on an hourly chart, and RSI_14 is below 40 on a 4hr chart. SL is 142 pips because the area wherein the trade is activated has a variable range based on where pivot and resistace/support levels are due to previous price action. TP is 8 pips in this version because it trades against the market direction and I want to catch small retracement only, also smaller trades makes it possible for the strategy to shift from bearish to bullish market on time without getting stuck in a single trade. Also in version 18 it became clear that 5 pips was a bit too little and strategy can take 8 pips and still make the required number of trades. In this version lot size increases with every trade because I set the lot size at 25 milion and maximum equity is used on each trade to fully profit from the small trades. The strategy opens about 20-30 positions a month based on backtesting.