As we showed in our Forex Analysis from August 19, 2021, the pair USD/CAD on H4 timeframe bounced off the resistance on Daily chart and made a down movement. Based on that, we expected an upcoming successful position. We loaded our STS_MA_Distance_Bot to open a position when the STS_MA_Distance_Indicator shows a distance of 50 or more pips to 10 EMA.
The bot opened 4 short trades on 4 consecutive H4 candles and closed them when the price touched 10 EMA.
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