EUR/USD Daily Fractal Strategy
The name of this strategy is “Fractal – Day Close” and it is designed for the daily time frame. I discovered it 4 years ago and have followed its results ever since. It gives trading signals two times per month (on average) and keeps the position opened for one day only. Here are the results from a backtest going back to 1989: Here are some stats: Win/loss ratio: 0.57 Time in position: 13 % Max equity drawdown: 18.38 % Depending on the margin used, the daily profit for a...
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STE at previous low. 1st part closed for 6p profit, 2nd for 12p profit, stop at +6p.
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