Bounce strategy = simple price action works better

[dhiraj00099]

Many forex traders believe levels that were important in the past could be important in the future. This follows the logic that if a market dropped to a specific level and then ‘bounced’ back, the market viewed this support level as a good place to buy. So, if the forex pair slips back to that level again it could, therefore, signify a potential trading opportunity.

 

[didymario7]

if this can be coded into an EA thwt woul be great. That way we can review the historical performance.

 

[Takon]

Yes, I can try it.
Please upload the details!
Is it easy logic ?

 

[alanng281182]

is there a bounce EA available for download. Or any recommended price action EA to follow?