Marubozu Forex Price action — Strategy by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: FX:GBPUSD
- Timeframe: 4 hours
- Net P&L: +3,076.33 USD (+30.76%)
- Win Rate: 64.7%
- Profit Factor: 1.853
- Max Drawdown: 427.96 USD (4.12%)
- Total Trades: 190
- Sharpe Ratio: 0.013
Description
Hi, today I bring you a price action strategy/indicator for Forex, made out for Marubozu candle type.For the entries of it check if we have a long or a short marubozu.For exit we have for long when the actual candle is green and the last previous two were red.For exit we have for short, when the actual candle is red and the last previous two were green.If you have any questions private message me !