Hi traders, and welcome to Episode 382 of Trading Talk.
In this episode, we continue building the Pin Bar Reversal Trap Strategy, now with enhanced entry confirmation using an engulfing candle, plus new dynamic stop-loss logic. This is Part 3 of the series, and we’re starting to see some promising results from testing.
We also review some of the trades taken, and introduce two powerful upgrades:
- A breakeven stop-loss that activates once the trade hits 50% to target
- A trailing stop function that triggers when price nears the take-profit level
These refinements are helping build a smarter, more flexible model — perfect for traders who want to increase confidence in fast-moving reversal setups.
And in exciting news, we’ve locked in our second international speaker for this year’s Algo Trading Conference. Stay tuned — these events are packed with real-world models and tools for serious traders.
Key Points
- Part 3 of the Reversal Pin Trap strategy build
- Added engulfing candle confirmation to reduce false signals
- Reviewed performance of live trade examples
- Breakeven stop activates at 50% to target
- Trailing stop logic introduced when price approaches TP
- Stronger test results observed with new logic
- Sets up for more filters and refinements in upcoming episodes
