The strategy has 2 parts: 1. Open Position when some conditions are met. 2. Manage the Position a. Before position is filled b. After position is filled. All the “words” in quotes represent parameters. The values of the parameters have been determined by months of testing. 1. - To open order the strategy uses 1H candles. The trigger is a “small” candle in one direction followed by 1 “large” candle (or 2 or 3 candles adding up to a “large”) in the opposite direction. This would indicate a resistance zone. - All positions are kept open for a “timer” period of time. - The Entry Price is the Open Price of the large candle minus a “custom slippage”. - The Trade amount is determined by a “sticky levels” strategy that takes in consideration the Equity such that constant risk is taken over “ranges” of Equities. 2. a. Before position is filled, it can be cancelled - if a position is already opened. - if the price has a “close miss” of the position. This means the price approached very “closely” to the Entry Price and retrace to what would have been the TP. - use BBands indicator to - close position if price is not favorable - increase TP if price is very favorable 2. b. After position is filled, - Position can be canceled if the price is laving too “aggressively” the entry price. - TP can be updated to simulate a “Trailing TP” as discussed in one of my forum posts. - SL can be updated … in some conditions and uses Trailing SL once it is triggered.