An automated Long Short trading strategy which can be applied to any duration, for example 15 second chart. Advanced stop logic; use top of Shoulder, or 15 different other trailing stop features, for example 1% trailing Stop Loss, or 2 ATR SL, with advanced options to tighten stop after x ticks in profit, etc. Option to only take trades thats Head and Shoulders Pattern projects X ticks or more.
If applied to 10 second chart, strategy can be set to loop for multiples of that time period, say 1-5, so a 20S, 30s, 40s, 50s data series are checked for the pattern as well.
Options to only look for the pattern above or below a certain level, as well as a certain percent on the day. For example, only trade Head and Shoulders bottoms if soybeans are down 3 percent. Can set strategy to only run during certain periods, for example 1 hour starting at 7:30 AM.
A great strategy for a retail trader looking for a reliable automated trading strategy.
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