Hi traders,
In this episode of Trading Talk, we kick off the development of a new client-requested strategy, the Asian session Pin Bar Trap, by first building a structured foundation algo.
Before jumping into full strategy logic, we use reusable functions and time-based filters from proven models to speed up testing and model stability. This foundational setup allows you to manage risk and performance from the start, and makes the transition into the complete reversal trap strategy seamless.
Why This Foundation Matters
- Start faster with pre-coded logic blocks
- Reduce build time by 50% with reusable components
- Use clean model structure for easier debugging and testing
- Adapt for reversal and momentum strategies in any session
Reversal Pin Trap Setup – Strategy Overview
Session: Asian–European (2:00–11:00 GMT)
Timeframe: 15-minute
Risk/Reward: 1:1.5 | SL: 10–20 pips | TP: 15–30 pips
Long Setup:
- False break of prior low with bullish confirmation
- Entry candle closes above wick
- 50 EMA above 200 EMA to confirm trend
Short Setup:
- False break of prior high with bearish confirmation
- Entry candle closes below wick
- 50 EMA below 200 EMA
