As we wrote in our Analysis from 16.05.2022, the currency pair USD/CHF was at a strong Resistance and our STS_ATR_Distance_Indicator showed that since the beginning of the Month the price has passed 118% of its Monthly ATR (Average Monthly Movement for the last 6 Months). We were expecting a downward movement and therefore we loaded our STS_Zig_Zag_Bot to open short positions on each H4 candle in which we have an ascending 20-period Zig Zag and to close all positions on a descending 20-period Zig Zag.
The Bot opened 2 short positions and closed them at the first value of the descending 20-period Zig Zag.
Get your STS_Zig_Zag_Bot now: https://smarttradingsoftware.com/en/expert-advisors/prd/sts-zig-zag-bot/
Get your STS_Zig_Zag_Tester now: https://smarttradingsoftware.com/en/market-testers/prd/sts-zig-zag-tester/
Get your STS_RSI_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-rsi-mtf-indicator/
Get your STS_ATR_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-atr-mtf-indicator/
Get your STS_ATR_Distance_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/atr-distance-indicator/
Visit our Forex Signals section to receive real-time trades from our Trading Robots. Get your FREE Forex Signals Plan now and follow our Forex Trading Signals for 30 days absolutely FREE.