Does anyone have a fxdreema project based on the below strategy?
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https://forums.babypips.com/t/simple-gbpusd-strategy-no-indicator-needed/35024
If there is a project close to it, I will try to update. Thanks in advance.
Currency Pair: GBPUSD
Time Frame: Any (H1 is better)[B]Trading Rules:[/B]
1- Open your chart on 08:00 AM (GMT).
2- Find the Maximum Price and Minimum Price between 21:00 PM (GMT) to 08:00 AM (GMT).
(For example If your broker time is GMT+2, so you should find the maximum and minimum price between 23:00 PM to 10:00 AM on your chart.)3- You have 2 numbers. Maximum Price & Minimim Price. Now should open 2 pending orders:
Buy Stop:
At: (Maximum Price + 2 pips)
T/P: (Maximum Price + (Maximum Price - Minimum Price))
S/L: (Minimum Price - 2 pips)
Expiratory: Next trading day at 08:00 AM (GMT)Sell Stop:
At (Minimum Price - 2 pips)
T/P (Minimum Price - (Maximum Price - Minimum Price))
S/L (Maximum Price + 2 pips)
Expiratory: Next trading day at 08:00 AM (GMT)4- Now you can even turn off your computer and sleep. If any of above pending orders activated, let it touch T/P or S/L it self. It may takes some hours or even some days. Please never close it manually.
Inactive pending orders will expire next trading day at 08:00 AM (GMT). At this time you should go to the first stage and repeat this cycle for the next day.
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Do you have any initial project to begin with?
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Here is what I have.. Thanks in advance
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Have you tried this strategy manually?
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Do you mean manual backtesting? Yes.. its profitable
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Your starting and ending hours are different from those your pointed out on your first message. Why?
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@l-andorrà Because I put it as my local time (EST). The range is 5pm EST to 4am EST.
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If you choose oco, you just need 1 buy OR 1 sell block. it will place 2 trades. Like that.

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@trader-philipps Thank you, I will try it