DislikedWell my experience last week using v.1.03 and doing the reversal trade until Thursday was about 50% winners. This isn;t too bad considering the market was trending heavily and the reversals work well when it's ranging. From what i see is that once the trade is going against you about -300 pips you might as well cut your losses short right there as it almost never comes back in your favor once it's down this much. That's the way I'd play it, putting a stop loss at -300 pips. ParisIgnored
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,488 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,488 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- | Joined Nov 2006 | Status: Member | 1,143 Posts
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
- | Joined Nov 2006 | Status: Member | 1,143 Posts
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
- | Joined Aug 2008 | Status: Member | 1,210 Posts
Never sell @ lower upward channel unless breacked and vise versa .
- | Joined Aug 2008 | Status: Member | 1,210 Posts
Never sell @ lower upward channel unless breacked and vise versa .