Discussion of article "Night trading during the Asian session: How to stay in profit"

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New article Night trading during the Asian session: How to stay profitable has been published:

The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.

Let's take the popular EURUSD pair. During the Asian session, its volatility usually decreases and it starts moving in flat. A roll-back at this stage is often insignificant and may resemble a horizontal movement.


Fig. 2. Flat movement on EURUSD during the Asian session

Fig. 2. Flat movement on EURUSD during the Asian session

Fig. 2 yellow rectangles indicate EURUSD movement on H1 during the Asian session. The first one (on the left) demonstrates a small intra-channel oscillation. At the beginning of the session, the price follows the previously created trend, then a small correction occurs (in the middle of the session) only to turn into a sharp roll-back in the end. The second rectangle shows a slow upward movement, which in this case repeats the movement at the end of the day. The third rectangle demonstrates a slight change. Unlike the previous sessions, the initial night time movement corrects the daily trend.

Author: Dmitriy Zabudskiy

 
Quite sensible but needs more work to improve the strategy.
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