I agree.
Discretionary and optimization are my first enemies.
Discretionary and optimization are my first enemies.
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DislikedHI Mr eagle , iam FROM LEBANON and anew member at forex factory and i have heared about your "breakout +spread'' starategy , but idont have any file or informations on this strategy ,if u dont mind can u send me the attachments files of this strategy that you are trading NOWADAYS and on which currency this strategy works .
thanksIgnored
Disliked1. Find High and Low at Italian Time(GMT+1) From 5 am to 9am
2. Add your spread on High, subract to Low
3. Insert orders (i assume just after 9am)
4.(6.)Set Take profit to 50 pips, Stop loss to 60 pips from entry
5. Close the opposite position whenever 1 got filled
6.(4.) If Take profit Stop loss wasnt hit till 23 pm close the position.
7. Check support and resistance on the 4 hour timeperiod with De Mark indicatorIgnored
DislikedHI Mr eagle , iam FROM LEBANON and anew member at forex factory and i have heared about your "breakout +spread'' starategy , but idont have any file or informations on this strategy ,if u dont mind can u send me the attachments files of this strategy that you are trading NOWADAYS and on which currency this strategy works .
thanksIgnored
DislikedCasi me olvido....
I tried with the american session (using better with 10:00 to 14:00 London hour) but the result are not as good as the european session...Ignored
DislikedZeropip
how are you handling stops/limits with this strategy???Ignored
DislikedZeropip
Interesting approach with ATR*2. .
I assume the ATR SL is NOT dynamic? but is set on the reading available at entry.
I use same idea but less rigid.... just set SL based on a typical ATR for each pair...generally about 50 but on low ranging pairs like EURGBP 38-40, and on the volitiles GBPJPY / GBPCHF etc 65-75. Does anyone know of a trade management EA that offers dynamic SLs based on ATR? Be interesting to see if it made a difference.Ignored