I am not trading 240. Simply did a backtest of this pair and this timeframe to calculate the best gartley trading method for you, guys.
Here are details...
First bar in history of test: 1999.01.04 12/00/00
Total patterns found: 11
Number of winners: 6
Average winner: 242.8 pips
Probability of win: 54.55%
Average RR: 3.93
R-expectancy: 1.6916
Here are details...
First bar in history of test: 1999.01.04 12/00/00
Total patterns found: 11
Number of winners: 6
Average winner: 242.8 pips
Probability of win: 54.55%
Average RR: 3.93
R-expectancy: 1.6916
Kommentar:
Tested gartleys with B=0.6-0.7XA and C=0.7-0.8AB, prex(6) swing identification algorithm.
Trade geschlossen: Stop wurde erreicht:
technically it was invalidated 'cause price exceeded the stoploss level
