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If you wrong determining support and resistance, will burn your money.
60 TRADES WIN - 40 LOSE LITTLE= PROFITABLE STRATEGY.
60 TRADES WIN - 40 LOSE LITTLE= PROFITABLE STRATEGY.
Thanks for the article and the attached code. I find it very informative.
It seems to me that the comments for bullish/bearish candles are mixed up:
In case of candle price open is greater than close that is bearish while close is grater than open is bullish.
I know it might be a bit late for the correction if I am right but I have just come across with your code and had a look.