Hanover thank you for that...but Im not a patient man
Today I started to code addition to ea....I added a S\R to it.....
Now ea trade only on suport, and exit from all trades when price hits resistance.
Im also working on another version, but without martingale element!
Ea will trade only buystops levels on suport, and sellstops on resistance.
Each level will have a TP on beggining of next level, and same SL.
It will execute like 10 trades in one direction, but with
small increment...something like 10 pips, picking all the pips in that direction,
and then when S\R gets hit, all trades will be closed, and then ea opens
a new set in direction of price.
This could be a good "scalping" tool with really small losses when price reverses.....but that is only a theory for now.
I will post 2 new versions here in a few days.
Today I started to code addition to ea....I added a S\R to it.....
Now ea trade only on suport, and exit from all trades when price hits resistance.
Im also working on another version, but without martingale element!
Ea will trade only buystops levels on suport, and sellstops on resistance.
Each level will have a TP on beggining of next level, and same SL.
It will execute like 10 trades in one direction, but with
small increment...something like 10 pips, picking all the pips in that direction,
and then when S\R gets hit, all trades will be closed, and then ea opens
a new set in direction of price.
This could be a good "scalping" tool with really small losses when price reverses.....but that is only a theory for now.
I will post 2 new versions here in a few days.
forexflash