The Great Pullback Method | Foreign Exchange EA Download- MT4/MT5 Resources
Hi
I have a great pullback method that brings a small loss of 5 - 10 pips and a target of 30 pips
Time range is 15 minutes
The rules are simple - first - what is deviation, deviation is the opening and closing price above or below the white simple moving average
We then want to see the price pull back to the blue moving average, which is the entry area
The target is 30 pips and the stop loss is 15 pips, but if the price closes above the outer white moving average, exit and look for a new signal
I use AU UC EU
Attached template
I have a great pullback method that brings a small loss of 5 - 10 pips and a target of 30 pips
Time range is 15 minutes
The rules are simple - first - what is deviation, deviation is the opening and closing price above or below the white simple moving average
We then want to see the price pull back to the blue moving average, which is the entry area
The target is 30 pips and the stop loss is 15 pips, but if the price closes above the outer white moving average, exit and look for a new signal
I use AU UC EU
Attached template
Attachment to original post (1)
The Great Pullback Method | Foreign Exchange EA Download - MT4/MT5 Resource Usage and Screening Suggestions
The Great Pullback Method | Foreign Exchange EA Download - MT4/MT5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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