Round Numbers as trigger for entry

I want to share some ideas with you.

You all know the bye/sell entry advises… engulfing candle in the direction of the trend…

I have had some trouble picking which engulfin, when… is it to far away from ema etc…

So I setup some clear rules and watched if the rules gives me THE signal to entry…

Above 200 ema only bye… if the candle close above 20 ema AND above but very near roundnumber line then its a BYE… se the picture and you will understand.

If the price is not near round number then no entry…

For GBPUSD H1 I think that 2500 points is good…(250 pips) for other pairs you have to test and se if price respects the levels. The more rounder the bigger fish :wink:

Ahmed I am sure you can implement round number lines in your ea in settings it can draw the lines… I am using indicator that draws for me. Correction: 250 pips is 2500 points… its an error in picture :slight_smile:




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