OPEN-SOURCE SCRIPT
Reversal strategy for the Forex market MH
This strategy involves anticipating trend reversals, primarily used in the forex market or with stock indices. The best results are achieved on 1-4 hourcharts and with the forex pairs GBP/USD; USD/CAD; EUR/USD; and EUR/JPY. Short trades are placed at resistance levels, and long trades at support levels.
Important! Do not execute any trades 24 hours before riskevents, and close any open trades before 11.00 PM!
Important! Do not execute any trades 24 hours before riskevents, and close any open trades before 11.00 PM!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.