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GBP Highlow-Strategy | Foreign Exchange EA Download- MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |
Hello traders,

I have a simple strategy for GBP/USD that I trade live over the long term. Many times I get angry because I don't have EA in this area. Therefore, I will post my strategy here and search for help in making EA. I have no C++ experience.
The idea behind them is to look for trends with new highs and new lows. This idea is very old and it gives many strategies with high/low points.

GBP/USD 15 minute chart

  1. When the first 15 minute candle closes with momentum above 100, we are looking for a short trade. If momentum is below 100, we are looking for a long trade.
  2. We first count 5 bars and determine the lowest/highest closing price among these five bars, this is now our trigger
  3. You have to wait for the close to receive the signal

How to search for the last high/low price <br> In Nr1. The power above 100 comes from below. Now we have a short trigger and wait until close<trigger
Each time momentum crosses >100 <100 a new trigger is generated.
We have a new short-term trigger when momentum >100.
We have a new long trigger when momentum < 100

I hope my English is not bad

StratGBP_bearbeitet.JPGgbpstrat3.JPGgbpstrat2.JPGgbp.JPG
StratGBP_bearbeitet.JPGgbpstrat3.JPGgbpstrat2.JPGgbp.JPG
StratGBP_bearbeitet.JPGgbpstrat3.JPGgbpstrat2.JPGgbp.JPG
StratGBP_bearbeitet.JPGgbpstrat3.JPGgbpstrat2.JPGgbp.JPG
StratGBP_bearbeitet.JPGgbpstrat3.JPGgbpstrat2.JPGgbp.JPG
StratGBP_bearbeitet.JPGgbpstrat3.JPGgbpstrat2.JPGgbp.JPG

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