Hi There,
Visually doing back testing gives amazing results on this egy, looking for a few coders to make an EA.
Time Frame: Daily
LONG Trade: Search for 2 consecutive bull candle, place pending long order at large (mixing both candles) 10 pips and SL LOW - 5 pips.
TP: not one, just continue moving the SL. For Ex. In the event the trade begins to enter your favor, let it go and continue waiting for 2 bear candles, once identified move the SL into LOW-5 pips of these 2 bear candles.
SHORT Trade: Only opposite of LONG
OK, lets say your pending LONG order didn't trigger and you see 2 bear candles, Cancel the long order and place pending short as per egy.
Following ex of AU exchange