Has anyone tried trading methods like this or not?
trading plan :
TF : D1
RiskReward : 1:1
Pair : AudJpY
Entries :
- look at the color of the red or green candle
- if red then sell right at the lowest price
- if green then buy right at the highest price
SL:
- if sell then SL is in green ATR
- if buy then SL at red ATR
TP:
- adjusts up to 1:1
Failed entries:
- the entry fails if the next candle does not touch the entry.
- then the entry is replaced by looking at the color of the candle again
