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Need an EA for new GBP/USD strategy...
I was recently told about a strategy that has a 90% success rate and I'd like to see if someone could code an EA for it.
Here are the rules... 1) This only works on the GBP/USD & only on the 15 minute charts. 2) Take the High & Low of these 3 candles - 08:15, 08:30, 08:45 (EST-NY time) 3) Buy when the price reaches 1 pip above the High 4) Sell when the price reaches 1 pip below the Low 5) Initial trailing stop of 15 6) When the price reaches 15 pips profit, change trailing stop to 5 If anyone can do this that would be fantastic! Thanks a million! |
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I don't know who told you about the 90% success rate. When I back tested this strategy during the last 2 weeks it came out to a loss
I have played around with various session overlapping brakeouts and I see that it has potential for automated money making... I'll try to modify your approach during the weekend using historical data and I'll see if this gives any profit. |
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