point of possible Reversal, PPR : in this strategy I have tried to find out the possible Reversal points in the forex pairs. It’s the most resisted levels from where the trend takes up a particular direction. These PPR can lead the price in any direction depending upon the time zone its happening in. In this strategy once the code finds a PPR it then checks for...
This strategy is mainly designed for swing trading applied to FOREX. In this case we make use of 2 moving averages but with different time frame, lets say 1h and 1 day. When they cross above we would initially have a long trade, but in this strategy we trade it in reverse, so we would actually enter a short position. The same for short trade. At the same time...