GBPJPY Daily Forex Support and Resistance Strategy

This system is good in a specific time.

Here are the thing you must do on a 5:00 pm GMT time.

• Perform Pending Orders 50 pips, 50 pips above the Buy stop ask, Sell Stop 50 pips below the bid
• Take Profit = 50
• Stop Loss = 70

At 7:00 pm GMT time:

• Perform Pending Orders 25 pips, 50 pips above the Buy stop ask, Sell Stop 50 pips below the bid
• Take Profit = 75
• Stop Loss = 50

Instructions:

• Metatrader use only.
• Adjust lot size
• Script can only be used in certain limited hours, TP and SL are appropriate formula

For backtesting:

• To perform backtesting you can open an existing indicator with templates for the setting at 5 and 7 pm.

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