This simple Testing Honest Predictor (THP) Expert Advisor was created in order to easily and meaningfully test the forex Honest Predictor indicator (iHP) performances, within the MT4 Strategy Tester.
Pin bars euro taken with the dominant daily trend army are generally more accurate than counter trend pins.
Reversal bars investire taken at confluent levels can investire act as a map to long-term profits in the forex market.
FiboTurn is a professional trading robot working on euro a real account with a minimum deposit of review 20 and providing 7590 of profitable trades.Consequently, the inside bar formation occurs under the following circumstances: a price consolidation after a large up/down forex move before starting another round of movement in the dominant trend direction.Illustration 3: Here we can see an brown inside bar at a key support level mese that dove acts as a reversal signal, also an euro inside bar with a big mother bar, and an inside bar in the ranging market investire that we must ignore.Eurjpy1, pin bars can be taken at major dove market turning points counter-trend if they are very well formed.Recognizes price patterns: Pin Bar, Outside mese Bar, Inside Bar.Traders can design a highly profitable trading method entirely around pin bars if they so desire.To enter the market it dove uses a set of standard indicators with original candle filter.If we average it, then on the return movement of the price (only a few spreads) the averaged orders are closed programs and there.We can see in this daily chart of GBP/USD below a beautiful pin far formed at a previous support/resistance level with the up trend and also at a Fibonacci.8 retrace level.This situation is usually followed by the increased volatility, which offers us a good opportunity.So, it is considered one of the greatest strategies applied forex in the Forex trading. Illustration forex euro dove 4: an example of inside bar on the usdcad daily chart.
The robot tracks the first wave of trend reversal, measures it, and makes profit till the preset Fibo level.
The Expert Advisor trades according to Pin Bar pattern in Instant Execution mode (not for ECN) on H4-D1 charts.