Great strategy to test
this is similar to tsr daily range. I am not sure if your system. I think you might get stomped on this one.
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Im trying to test a strategy for eur/jpy if anyojne can code this ?
Basically the rules are as followed:
Entry:
You take high and low values from 4am to 8am and enter long at 8am 12 pips above the high value OR short 12 pips below the low value, whichever comes first. Only one trade is placed, u never take the other side if one side already happened
Target is 45 pips minus ur brokers spread if ur long and 45 pips plus ur brokers spread if ur short
Your stoploss is 25 pips minus your broker spread if ur long and 25 pips plus brokers spread if ur short
Can anyone possible code an expert advisor for this so we can backtest. thanks....