since i have a day job and not much time to trade during the day i was wondering if somebody here on this wonderfull forum would like to try to write an EA for this system what i want to trade
The system:
1:check the I-trend indicator on a weekly chart (up or down trend)
2:check the I-trend indicator on a daily chart (up or down trend)
3:if those 2 charts are the same buy or sell
stoploss and target:
if in an up-trend (buy-mode) use the reverse signal of I-trend as stoploss/target
if in an down-trend (sell-mode) use the reverse signal of I-trend as stoploss/target
hope it is clear??
any questions i will be happy to answer
the first chart is a weekly gbpusd (downtrend red line)
the second chart is a daily gbpusd (downtrend blue line)
The system:
1:check the I-trend indicator on a weekly chart (up or down trend)
2:check the I-trend indicator on a daily chart (up or down trend)
3:if those 2 charts are the same buy or sell
stoploss and target:
if in an up-trend (buy-mode) use the reverse signal of I-trend as stoploss/target
if in an down-trend (sell-mode) use the reverse signal of I-trend as stoploss/target
hope it is clear??
any questions i will be happy to answer
the first chart is a weekly gbpusd (downtrend red line)
the second chart is a daily gbpusd (downtrend blue line)