US Close Range Hedge EA

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US Close Range Hedge EA

Postby Apprentice » Thu Sep 20, 2018 12:49 pm

Strategy for Asian Range.png

Based on request.
viewtopic.php?f=27&t=66651

DESCRIPTION: This is an expert advisor that sets pending orders at the highest and lowest point of a 3-hour range from the close of the US session.

DETAILS: After 3 hours from the US session close the highest and lowest point of the range is determined and then buy and sell stop orders are placed at the resistance and support of the range and take profit for both orders will be twice the distance between the support and resistance.

TIMEFRAME: 5 or 15 or 30 Mins or 1 Hour

Buy Stop + Sell Stop Loss: Resistance

Sell Stop + Buy Stop Loss: Support

Takeprofit: 2 * (Resistance - Support)

US Close Range Hedge EA.mq4
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Apprentice
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