EURUSD 5min london session strategy

Hey, today I bring you another strategy that I pull up together.
Its a KISS system ( keep it stupid simple )

We have 2 ma of 5 lenght each, one applied to the high and the other to low. With this we create a channel.

If the candle close above or below the channel we got a signal. Then we can optionally verify with the RSI to increase our chances.

At the same time, this system, only trades during the london session ( can be changed), and it has 2 rules, preferably no more than 5 trades / day, and no more than 2% risk of equity lost .

We also have a TP/SL system made of pips.

Enjoy it.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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