TheRumpledOne wrote:It's not the range that this exploits, it's the wick size.
If you look at the frequency distribution, you'll see the wicks are larger than 20 pips over 66% of the time. Yes, you would want to run the frequency distribution for each pair that you trade to find the "cut off" number of pips.
Hi, Thanks for the indicators and ideas I like the Rat version best as it's easy to understand and easy to see with my eyes too
Question deleted: found answer :p
Keep up the good work!