TT's Strategy by BoCaLa
By BoCaLa
Performance Metrics
- Author: BoCaLa
- Symbol: ICMARKETS:EURUSD
- Timeframe: 5 minutes
- Net P&L: −46.38 USD (−0.46%)
- Win Rate: 16.7%
- Profit Factor: 0.252
- Max Drawdown: 50.01 USD (0.50%)
- Total Trades: 6
Description
trategy 1 — Overnight Range + Fib 62%Based directly on his documented method: he identifies the overnight high and low around 8am, waits for price to break either level, and if price retraces back into the range, enters at the 62% Fibonacci retracement level. Scribd🟠 Orange lines = Overnight High/Low range🟢 Teal dashed line = Fib 62% long entry level🔴 Red dashed line = Fib 62% short entry levelStrategy 2 — Lost Momentum (Trend Continuation)Uses a 62-period MA: the market must be trending above the rising MA, then takes out a previous low (at least 8 bars prior) and closes back above it — that close-back is the entry signal. Trader Tom Reversed for shorts.🔼 LM▲ arrow = Lost Momentum long signal🔽 LM▼ arrow = Lost Momentum short signalRisk Management (Tom's philosophy):Trailing stop to let winners runConfigurable stop loss % and R:R multiplierDefault 1% SL with 2:1 R:RTip: Tom primarily traded this on EUR/JPY, indices (DAX/DOW), and forex pairs on the 15-minute and 4H charts. Set your session times to match your timezone.