Download Free EA Counter the Overshoot by VIRTUE LLC Japan
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Permanent price cut. Strategy Counter the Overshoot is an EA strategy that detects and takes a position against the overshoot. First, we define a ratio called Directional change ratio to determine whether the market is "UP" or "DOWN". The market is considered to be "UP" when it rises from the recent low by the directional change ratio, and "DOWN" when it falls from the recent high by the directional change ratio. We will go back and forth between the two modes of "UP" and "DOWN". Next, we

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