Hello,
I am using metatrader 3.83 and using their build-in language to write the "expert advisor" that basically do all the trade for me.
I don't use any "stops" because the entry point equals to the exit point so you write the same creteria for the closing order.
As I use MA plus William percentage for the whole system, and do a few backtesting, there are actually a range of variables that you can use and produce very similar results. However the winning rate is only about 36% (the winning PIPs are always larger than the losing PIPs), the most important thing in this "system" is actually the money management.
Hope you a happy trading.
I am using metatrader 3.83 and using their build-in language to write the "expert advisor" that basically do all the trade for me.
I don't use any "stops" because the entry point equals to the exit point so you write the same creteria for the closing order.
As I use MA plus William percentage for the whole system, and do a few backtesting, there are actually a range of variables that you can use and produce very similar results. However the winning rate is only about 36% (the winning PIPs are always larger than the losing PIPs), the most important thing in this "system" is actually the money management.
Hope you a happy trading.