Hi
I dont know if anyone in here knows who TheRumpledOne is, but this strategy comes from him and his friend WalMal.
He has an indicator which plots horizontal lines every X pips/points. Also, if Y timeframe is used, it plots the line closest above and below current opening price GREEN and RED.
Strategy is very simple, find out what time of the day the asset moves X amount of pips/points, take the break of the GREEN or RED line, take profit of the table when given, SL the opposite line.
Would love to have the compass indicator as well (the big green arrows) never go again the H1 candle color when scalping.
I dont know if anyone in here knows who TheRumpledOne is, but this strategy comes from him and his friend WalMal.
He has an indicator which plots horizontal lines every X pips/points. Also, if Y timeframe is used, it plots the line closest above and below current opening price GREEN and RED.
Strategy is very simple, find out what time of the day the asset moves X amount of pips/points, take the break of the GREEN or RED line, take profit of the table when given, SL the opposite line.
Would love to have the compass indicator as well (the big green arrows) never go again the H1 candle color when scalping.