FirstCandleInHour

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FirstCandleInHour


FirstCandleInHour strategy


This strategy is used mostly on 5min chart. The strategy analyzes the first candle in the current hour.
If the close value of the last closed candle is bigger than the high value of the first candle in the current hour, then the strategy opens a buy position.
If the close value of the last closed candle is smaller than the low value of the first candle in the current hour, then the strategy opens a sell position.



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