Reversal strategy for the Forex market MH by marko_meuser1
By marko_meuser1
Performance Metrics
- Author: marko_meuser1
- Symbol: GBEBROKERS:USDCHF
- Timeframe: 1 minute
- Net P&L: +0.003 CHF (+0.00%)
- Win Rate: 75.0%
- Profit Factor: 2.799
- Max Drawdown: 0.003 CHF (0.00%)
- Total Trades: 4
Description
This strategy involves anticipating trend reversals, primarily used in the forex market or with stock indices. The best results are achieved on 1-4 hourcharts and with the forex pairs GBP/USD; USD/CAD; EUR/USD; and EUR/JPY. Short trades are placed at resistance levels, and long trades at support levels. Important! Do not execute any trades 24 hours before riskevents, and close any open trades before 11.00 PM!