Thanks Dave for discussing Time/day & Straddle strategy.
Please could you throw more light on how the settings for the continuous straddle buffer (continuousStraddleBuffer) will affect or how it works with the Straddle Buffer settingespecially as the buffer setting could vary.
Lets say a Straddle Buffer of 15 have been selected and type selected as indicator cross, if the continuousStraddleBuffer is set at 40 and stochastic is currently the main strategy. A buy signal has been raised at price 1.40000.
Does this mean the straddle strategy will place the following trades
Indicator Straddle
Buy: 1.39850 (-15 pips from signal price)
Sell: 1.40150 (+15 pips from signal price)
continuousStraddle
Buy: 1.39600 (-40 pips from signal price)
Sell: 1.40400 (+40 pips from signal price)
Assuming the price hits the first buy 1.39850 and then hits the second 1.39600, what happens to the first buy trade also will the indicator buy price trade still be triggered?
Also please could you discuss the merits/demerits of such combination and trade pattern where you think they may useful?
Thanks
Collins
Please could you throw more light on how the settings for the continuous straddle buffer (continuousStraddleBuffer) will affect or how it works with the Straddle Buffer settingespecially as the buffer setting could vary.
Lets say a Straddle Buffer of 15 have been selected and type selected as indicator cross, if the continuousStraddleBuffer is set at 40 and stochastic is currently the main strategy. A buy signal has been raised at price 1.40000.
Does this mean the straddle strategy will place the following trades
Indicator Straddle
Buy: 1.39850 (-15 pips from signal price)
Sell: 1.40150 (+15 pips from signal price)
continuousStraddle
Buy: 1.39600 (-40 pips from signal price)
Sell: 1.40400 (+40 pips from signal price)
Assuming the price hits the first buy 1.39850 and then hits the second 1.39600, what happens to the first buy trade also will the indicator buy price trade still be triggered?
Also please could you discuss the merits/demerits of such combination and trade pattern where you think they may useful?
Thanks
Collins