Failed 2s
Reversal Specialist
Specialized strategy focusing exclusively on 2-going-3 reversal patterns with open cross detection and percentage-based targets. Captures explosive momentum when patterns fail to follow through.
Key Features
Sweep & Retrace Entry Logic
Enters after a high or low is swept and price retraces past the open of the current candle - identifying Failed 2 reversals.
Failed 2 Pattern Recognition
Detects when 2D bars close above their open (bullish reversal) or 2U bars close below their open (bearish reversal).
Flexible Take Profit Options
Choose between percentage of preceding candle range or R-multiple targets based on your risk management style.
TFC Bias Confirmation
Optional Time Frame Continuity filter ensures trades align with higher timeframe directional bias.
ATR Trail Management
Advanced trailing stop using ATR multipliers with customizable activation levels for dynamic exits.
Smart Position Sizing
Multiple position scaling options including Fixed, Percentage of Account, or Kelly Criterion-based sizing.
Configuration & Documentation
Access detailed documentation and pre-configured settings for Failed 2s.
Recent Updates
View all changesVersion 1.5
% of account/drawdown sizing option: Risk max $ amount based on max % of drawdown
New trend option: ATR Trailstop
Account wide market position: Run multiple strategies with same account without interfering with orders between strategies
Version 1.4
Risk/Reward TP: Take profit for R multiplier option
Fixed backtest breakeven functionality
No longer counts same-bar breakevens as loss (should help backtest results a ton)