Good time of day !
The idea is what to catch the news or other impulse and collect the maximum profit.
1. opening buy orders = opening price of the hourly candle +70 points (by five signs)
2.stop loss = the opening price of spark – spread
3. trailing stop = 100 points (by five signs)
4. if the candle is closed by the size >/= 200 points, then the order is > closed
5. if the candle closes above 200 points, the order remains open and stop the loss moves to 80 points after the next bar closes at * + * stop the loss is transferred to open 2 bars +70 points (by five signs) and so on…
the same operations just on the turn..
take profit = open of the 1st bar where the trade was opened + 600 points(by five signs)
it would be healthy for it to start for the release of the news by the symbol.
the strategy is designed for the H1 timeframe EUR/USD; GBP/USD…