Hello guys! I have a request.
This strategy is based on pivot points, with 15pips target proft on H4 chart.
Its simple, but have some filters. You need to buy or sell, only if the price is not bellow 30, or above 70 of RSI MA.
The orders must be taken on the blue line, and in the red line, you can do a grid, or, be conservative and only take the trades on the blue line.
Another thing to avoid is the "compressed" pivot, like the examble bellow.
View attachment 93135
Compressed pivot. Upper lines, and the lower lines are going in encounter.
View attachment 93136
Here a portifolio of a group of traders who uses this strategy manually.
https://www.myfxbook.com/members/AnderBonoto/twotrader-05/3344144
https://www.myfxbook.com/members/AnderBonoto/twotrader-01/3265270
https://www.myfxbook.com/members/AnderBonoto/twotrader-02/3281483
https://www.myfxbook.com/members/AnderBonoto/twotrader-06/3344160
https://www.myfxbook.com/members/AnderBonoto/twotrader-07/3389591
https://www.myfxbook.com/members/AnderBonoto/twotrader-07/3389591
https://www.myfxbook.com/members/AnderBonoto/twotrader-03/3265344
https://www.myfxbook.com/members/AnderBonoto/twotrader-04/3265358
DONT USE MARTIGALE ON THIS STRATEGY!
ONLY H4, ANY PAIR
RSI config 14, 8, 3
I dont how hard is to code it, i hope you guys like this strategy to code.
Thanks guys!