Guys, I programmed an simple algorithm to foward test this strategy. It takes trades whenever the conditions are met. It doesn`t read any kind of support or resisteance though. I`m using TP = 5 pips and SL = 20 pips. (crappy, indeed, I know) Let me ...
I`ve done a few eye backtesting and it`s looking good!!! I`ll be trying it out as well and will try a few SLs to see what may be a good number of pips to risk!