As we wrote in our Forex Analysis from August 26, 2021, the statistics from backtesting the pair CAD/CHF on H4 timeframe with our STS_MA_Distance_Tester show 4 consecutive losing trades. Based on that, we expected the next position to be a winner.
We loaded our STS_MA_Distance_Bot to open a position when the STS_MA_Distance_Indicator shows a distance of 30 or more pips to 10 EMA.
The bot opened 2 short trades and closed them when the price touched 10 EMA.
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