With the forex markets trading 24 hours a day, price gaps are relatively uncommon. Does the occasional weekend gap contain a statistical edge? Let’s find out by backtesting the EURJPY’s gaps over the past 18 years! The strategy programmed below can be… 
Pivot points provide a convenient method to identify intraday support and resistance levels. This post will first explain how pivot points are calculated and interpreted. I’ll then use them to program a simple mean reversion strategy for the EURCHF. You can… 
Bollinger Bands are great at predicting upcoming price reversals. Here’s how you can build a countertrend strategy using its ‘free bars!’ The complete strategy can be downloaded in the Free Strategies section. Bollinger Bands are the gift that just… 
Bollinger Bands are great at detecting overbought and oversold conditions. Let’s use them to develop a countertrend strategy, and then refine our entries using limit entries and candlestick patterns. The complete strategy can be downloaded in the Free Strategies… 
With an abundance of technical indicators available, selecting your strategy’s entry conditions can be overwhelming. This post will illustrate a method to graphically compare the profitability of different entries. Entry selection is arguably the most important…
