For fun :D / Gap strategy (For fun :D / Gap strategy) - MT4/MT5 resources
I think Sunday's gap "usually" closes quickly throughout the week.
1- If the gap > 10 pips, open a trade and close it by 1 pip before Friday's close.
So I created an EA for this. (I post it here.)
Backtest and have fun. I ran it on all pairs of M5
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For fun :D / Gap strategy (For fun :D / Gap strategy) Usage and filtering suggestions
For fun: D / Gap strategy (For fun: D / Gap strategy) is a foreign exchange EA related resource. 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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