November 3

British Pounds trading strategy – Average True Range Pull Back – #2


British Pounds



British Pounds trading strategy – Average True Range Pull Back - #2


Profit Factor: 1,65

Avg Trade: $180

Winning Trades: 58%

Trades: 670

A Closer Look

British pounds is one of the major currency markets that can be traded through CME futures contracts. In this edge, we use the average range to find profitable opportunities in British pounds.

The currency futures are among the more difficult markets when it comes to finding edges. With this edge, you get a nice template to continue your research into the British pound futures market.

The edge is composed of:

  1. An Unconventional Average True Range 
  2. A Symmetrical Price Pattern
  3. A Price Pattern-based Exit

All edges come with open Tradestation code in Easy language. An ELD file and workspace.


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