One of my EA’s is currently selling this pair because it has hit the 40 on the Bollinger band.
It’s just trading as per the code.
The reason it’s selling is because I expect the price to bounce off the bands and sell off again next week. It will add additional sell trades at a larger size then close trades when it hits average price plus 0.5ADR100 pips to the profit.
It shows a 18% return over the year on H1 for this pair.
This may not be great but every pip won my by other 17 pairs I am trading with this EA adds up to a lot of green pips and a 150% return on a 10K account per year.
Provided I control the risk which is high at a $2700 drawn down risk.
