Disliked{quote} I am using this for Daily TF only. I have no rules for TP as I am testing this strategy. Anything between 50 - 100 pips for TP looks good.Ignored
Must say that today it was a signal for a not good entry on EUR/AUD. It was first loss signal while i am looking this system. But there is one thing that could filter this loss trade. It's a range on RSI indicator that lasts more than a week now. You can see it in a picture below. I guess in such situations it's better to stay away from entry.