I have been testing out a simple system almost exclusively looking at price action with fairely good results.This is how it is done:
1.Open any chart with 4 hr bar
2.add CCfp Indicator.
3. look for differences of each currency on the data menu of the LAST TWO 4hr bar.
4 Open the postion 5-10 minutes after the new bar has opened
The account has grown pretty good with alsmost no loss so far in the last one month.
This is so simple it must be easy to create an EA or indicator for this system.
I will soon put up the chart and indicator here.
Thanks
Kris
1.Open any chart with 4 hr bar
2.add CCfp Indicator.
3. look for differences of each currency on the data menu of the LAST TWO 4hr bar.
4 Open the postion 5-10 minutes after the new bar has opened
The account has grown pretty good with alsmost no loss so far in the last one month.
This is so simple it must be easy to create an EA or indicator for this system.
I will soon put up the chart and indicator here.
Thanks
Kris