XAUUSD Mechanical Daily Range Strategy

Specification

Build a fully mechanical EA for XAUUSD on D1 timeframe. 

Trader spends 5-10 mins per day to run it. No discretion. EA calculates, places orders, and walks away.

 Timeframe

  • Use the Daily (D1) timeframe.
  • At the close of each completed daily candle, identify:
    • Previous day's High (wick)
    • Previous day's Low (wick)
    • Previous day's Open



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