Dislikedthanks for sharing nipthepips, I've been developing a similar sar system for a while now but my main delimma is news release. you previously answered :
here's why news release is BAD for stop and reverse systems ( if you're on the wrong side before the release ) just to mention a few :slippage, requotes, spread widining or even not getting filled and that would definitely mess up your sar sequence I mean if you reverse direction every 5 pips what if you get filled 10 or 20 pips away from your last order ?
any ideas anyone ??Ignored
Ahhh I see...guess I must of just been lucky then. You are right, I can see that happening. So it might be best to aviod news releases...but my most active tradingtime is like 2am-6am EST, and there is rarely a news release then.
Nothing is hard, some things just take more time and discipline.