A quick question regarding the Multi-Level Trading which i believe is the real magic in Nanning's system:
We entered EA#1 but price moved against us 200 pips. Now we load EA#2. In the read file it is stated that EA#2 will open a trade at the next 6X6 cross..? (6X6 was the previous system),With the new system it will enter when price moves back inside the BB am i correct??
So in summary:
-Turn EA#1 on if conditions are met.( L1 with 0.30 lot)
-Price touches outer BB and EA#1 pulls the trigger
-But price moves against us 200 pips( or depending on the volitality of the pair)
- Now we load EA#2( L2with 0.50 lot), and hope price will move back inside the BB and trigger the trade
Did i get it this time?
We entered EA#1 but price moved against us 200 pips. Now we load EA#2. In the read file it is stated that EA#2 will open a trade at the next 6X6 cross..? (6X6 was the previous system),With the new system it will enter when price moves back inside the BB am i correct??
So in summary:
-Turn EA#1 on if conditions are met.( L1 with 0.30 lot)
-Price touches outer BB and EA#1 pulls the trigger
-But price moves against us 200 pips( or depending on the volitality of the pair)
- Now we load EA#2( L2with 0.50 lot), and hope price will move back inside the BB and trigger the trade
Did i get it this time?