策略：每日范围上涨和回调 (Strategy: Daily Range Spike and Pull Bac)

Hello all,
Here're one of strategy help me more profit. I called it name: Daily Range Spike(DRS) and Pull Back

This is the rules:
1/ Check Yesterday Range (Open-Close) from 80 pips above.

2/ Check Today pips: Price from Daily Open to current price (Bid/Ask)
+ Min: 5 pips
+ Max: 50 pips
3/ Open Trade:
- SELL if yesterday is Bullish candle
- BUY if yesterday is Bearish candle

takeprofit: 20 -35 pips
stoploss: 2 options
option 1: 20-25% Account Equity, not stoploss by pips/price.
option 2: check from 5-10 Daily candles, then put your stoploss above/below High/Low of it.

4/if the price goes against the direction of the trade
- Check distance pips from 1st entry with Bid/Ask >= Yesterday Range/2 or at least 25 pips.
- Open 2nd trade with same lot size (can martingale), no tp price.
- Close all trades when Basket Profit >= 2 or more...



You also can run Break Even or Trailing Stop

And the result:


This is a small indicator to help you find the Spike Bars, display Yesterday/Today range...

1. https://www.mql5.com/en/market/product/57435

MM is very important with this strategy.

Good luck.

Thank @TheZenienss for the example: