Hello,
I found a strategy for 1H and would like to share with you in order to improve it...
The strategy very simple:
1. Add ATR 14 to your chart
2. Draw horizontal line in the opening of the bar at 00:00 (GMT)
3. Wait for the open bar which cross your horizontal line (can be 01:00 or later).
4. Open trade with the trend - If the open bar was cross higher - LONG, otherwise SHORT. Use ATR for SL.
5. Use trailing stop of 20 pips
6. You'll close the trade only with 2 options:
A. Price was hit the trailing stop
B. Price was hit your SL
Any improvements will be welcome
Thank you.
[Ronnimar is the owner of it]
I found a strategy for 1H and would like to share with you in order to improve it...
The strategy very simple:
1. Add ATR 14 to your chart
2. Draw horizontal line in the opening of the bar at 00:00 (GMT)
3. Wait for the open bar which cross your horizontal line (can be 01:00 or later).
4. Open trade with the trend - If the open bar was cross higher - LONG, otherwise SHORT. Use ATR for SL.
5. Use trailing stop of 20 pips
6. You'll close the trade only with 2 options:
A. Price was hit the trailing stop
B. Price was hit your SL
Any improvements will be welcome
Thank you.
[Ronnimar is the owner of it]
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