Topic: How to Build This Strategy
I'm new and wondering if it is possible to build and backtest this strategy with EUR/USD:
1. Enter a buy stop at the high and sell stop at the low of any bar between 50-100 pips.
2. Set stop loss at the low for a long and at the high for a short.
3. Set take profit on half at same number of pips as risk. Let other half run.
4. Trail remaining half at low of each succeeding bar for long, and high of each succeeding bar for short.
Is it possible to set this up and backtest it? If so, can you tell me how?