For those that follow me know from previous ideas I have posted I trade this pair quiet a bit.
Working the 30M time frame here I trade this pair by setting the script to work to a take profit target with a stop loss set. The risk to reward ratio is 1:2 and the back test figures at bottom of the screen show the performance of trading this way from February last year to now. Results are based on 2% from trading Β£1000 GBP starting capital.
The pair endured a losing run last week which happens in trading but we get the year off to a good start.
With our strategy you simply execute trades when the script presents them on the chart.
No lines, no S&R - no analysis, all I have to do is follow it.
The major plus point is I can see it works with all the data within the strategy tester.
For any information on the script in question please drop me a message.