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NO DCA!
Responsible, sustainable trading according to simple price action rules.
Indicators:
EMA21 -
21 bar EMA.
Tick counter -
set on 2000 ticks.
Assumptions of the strategy:
1. Profit Target: min. 2 points = 8 ticks.
2. Stop Loss: below or above signal bar (maximum 13 ticks).
3. Entries:
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second entries (2-legged pullback),
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failed second entries,
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false breakouts,
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breakouts pullbacks (very rare),
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important key points.
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