Indicator-Free EUR/USD Pipsing with Paired Entries

Summary

This pipsing approach opens a buy and a sell position together when a new daily EUR/USD bar forms. The example specifies a 0.1 lot size, a take-profit target of 10 points, and a stop-loss and trailing-stop setting of 50 points. If one side closes, the method opens another position in the direction of the side that remains open. It uses no technical indicators.

The document gives a mechanical entry and position-management recipe rather than evidence that the strategy is profitable. It does not explain how the paired positions’ costs, spread, or execution affect results, nor does it provide backtest data or further risk controls. The stated point-based targets should be distinguished from the title’s pip wording, since those units are not necessarily interchangeable across platforms or instruments.

Key ideas

• The example trades EUR/USD on a daily chart and opens buy and sell positions at each new bar.
• The initial example uses 0.1 lots and a 10-point take-profit target.
• A 50-point stop-loss and trailing stop are specified.
• When one position closes, another is opened in the direction of the remaining position.
• The strategy avoids indicators and supplies no backtest or profitability evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.