This week: 9 wins and 1 loss in 1 week with 20 pips OCO orders

Hello!

Inquiring about FX, this is Satori.

The cold spell has finally passed its peak, hasn't it?

Today, I will share the validation results of placing an OCO order on USDJPY 15-minute chart using the N-curve Entry Indicator.

The period is about one week from Monday, January 22, 2018 to Friday, January 26, 2018 (Heisei era).

The figure below shows an example of displaying the N-curve Entry Indicator on the USDJPY 15-minute chart for the week of January 22, 2018.

http://livedoor.blogimg.jp/fxmt4indicator/imgs/f/9/f95cf947.gif

For a long (buy) order with a 20-pip OCO using the N-curve Entry Indicator in a trend-following setup, take profit is 20 pips and stop loss is 1 pip below the previous trough.

USDJPY_2
http://livedoor.blogimg.jp/fxmt4indicator/imgs/1/d/1d3d864a.gif

For a short (sell) order with a 20-pip OCO using the N-curve Entry Indicator in a trend-following setup, take profit is 20 pips and stop loss is 1 pip above the previous peak plus the spread.

http://livedoor.blogimg.jp/fxmt4indicator/imgs/a/8/a824aa8b.gif

This time we are not using green or orange trend lines.

A trend is considered up when the trend signal appears and the previous peak before the previous peak is higher, and the previous trough before the previous trough is higher (including equal). Conversely, if the previous trough before the previous trough is lower and the previous peak before the previous peak is lower, it is considered a downtrend and we execute a sell.(including equal).