System "3 Candles and Reversal" for Forex Daily

Yes, it requires patience, but in return you avoid the noise of the smaller frames and make cleaner decisions.

Have you tried adapting this to H4 or M30?

Yes, but effectiveness drops a lot. Daily there are fewer false signs.

Your SL moves to BE once the price goes up?

Yes. If the price reaches half the TP, I move the SL in. I reduce the risk.

Did you ever think to automate this in an EA?

I thought about it, but it would be difficult to program the subjective reading of the reversion candle. For now, I prefer to keep it manual.

What I like most about the system is that you don't depend on the market in real time. You can operate after the end of the day.

Exactly. That makes it ideal for those who have another job and cannot stand in front of the screen all day.

I'll test him in the next 30 days, then I'll count my results.