10 points on EURUSD & GBPUSD
10 points on EURUSD & GBPUSD strategy
The strategy opens a Buy position when price goes above the previous day's high and Sell position when price goes below the previous day's low.
Stops and Limits are used for closing the opened positions.
At the beginning of each next day the strategy removes all previous day's orders, closes all positions and sets new Entry Stop Orders at prices of yesterday's High and Low. Only one trade can be opened every day, so if one Entry Stop Order is triggered the other one is removed.