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Quant Trading ( Three Bar Rule)
I have posted a snapshot of the chart that shows the idea of buy and sell rules ( Three Bar Rule).
Stops should be placed 200 Pips to avoid ( Fat Tails). This is a manual trading system, but can be easily programmed for automated trading. But it does take a lot of resources. This is a daily chart, as you go lower in time frames the noisier it gets. This is based on Bill Williams fractals.
You can learn about his methodology at YOU TUBE.
Always remember to trade conservative lot sizes in relation to account equity. The Forex market is Options on steroids.
To learn about FAT TAILS.....try Wikipedia.
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