5 consecutive wins with a 10-day return selling at 30 pips, +187 pips case

Hello! FX Research, Satori here. Entering December, EURUSD has fallen 180 pips over 10 days, and during this decline we have a signal example that achieved 5 consecutive wins and 180 pips profit by repeatedly selling on 30-pip retracements. Below is the EURUSD 15-minute chart from December 1–8, 2017, showing a 5-win selling sequence. EURUSD_Down_201712 The pink downward line in the upper figure represents selling at a 30-pip retracement and closing the position at the previous trough’s low (the red downward line’s low) from the EA test position holding period. Five consecutive wins resulted in approximately +60pips + 35pips + 31pips + 32pips + 29pips = 187pips profit. The indicator used in the above image is the MT4 non-repainting arrows and email alert N-Entry Indicator. Unlike Fibonacci retracements, it does not use ratios like 0.382, 0.618. Instead, it uses pip-based retracements such as 15 pips, 30 pips to trigger arrows and send email alerts. However, simply selling after a 30-pip rise from a low is not efficient. Therefore, we added a “High-Low Filter” feature to the N-Entry Auto Trade EA that executes trades according to a strategy, and we tested in MT4 Strategy Tester by performing a retracement sell only after the price forms a new trough even lower than the previous trough’s low, followed by a 30-pip retracement. As a result, as described above, the outcome was achieved. The advantage of the “High-Low Filter” feature is that you can start selling earlier even if the trend has not turned bearish, allowing more opportunities. By the way, this time we did not rely on a trend. By entering early before a trend reversal, opportunities expand. The figure below shows the settings screen of the N-Entry Auto Trade EA that plans and executes trades; the red box highlights the part of the upgrade that adds the “High-Low Filter” feature. You can use it as a trend-detection function using Dow Theory to form trends through updating highs and lows. easetting A free upgrade of the N-Entry Auto Trade EA that plans and executes trades will be released soon. Also, due to several added features, please note that prices may increase without prior notice depending on circumstances. Thank you very much for reading this far today. Since it’s gotten cold, please take care not to catch a cold. Wishing you good health. Technical Trade Blog Ranking http://blog.with2.net/link.php?1711371:4591 /////////////////////////////////// Issuer: Art Brain Products FX Technical Strategy Researcher Satori Mind Email: info at mark abproducts.biz Blog: Fibonacci Retracement FX Research: http://fxmt4indicator.blog.jp/ Indicators & Tools & EA: http://fxmt4indicator.abproducts.biz/wp/ ///////////////////////////////////