If anyone can quickly and easily backtest this, the results might be interesting.
Two examples (randomly selected!) - arrows are entries, little lines are take profits:
- 4 hour chart.
- EMA on 96 and 230.
- Retrace order 10 pips away from EMA.
- 40 point stop loss.
- 60 point take profit.
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- Forex Trading 2018- TA/FA- Setups and discussion
Forex Trading 2018- TA/FA- Setups and discussion, page-3562
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