my software produces a support and resistance level.
beginning from the first trade that was placed, from memory i will tell you what i placed and at which mark level it was at.
first, i placed a 0.01 lot buy trade at approx six marks above the lower support.
second, i placed a 0.01 lot buy trade at approx 1.25 marks above the lower support line.
third, i placed a 0.01 lot buy trade at approx -0.80 or eight tenths of a mark below the lower support.
fourth, i placed several 0.02 lot buy trades somewhere between six and eight marks below the lower support line.
fifth, the trade position went into profit and recorded a maximum profit of $268.88 and then it went back below the water line(which has dropped a bit) and i placed one additional 0.01 lot buy trade at approx six marks below the new and current lower support line.
if my work is valid, then my work is now stuck in a hard corner once again.
i have set a takeprofit at a short distance above the break even line.
Platform : http://www.citifxpro.com/new-metatrader4
Login : 2089599557
Password : qze2hec
.
.
beginning from the first trade that was placed, from memory i will tell you what i placed and at which mark level it was at.
first, i placed a 0.01 lot buy trade at approx six marks above the lower support.
second, i placed a 0.01 lot buy trade at approx 1.25 marks above the lower support line.
third, i placed a 0.01 lot buy trade at approx -0.80 or eight tenths of a mark below the lower support.
fourth, i placed several 0.02 lot buy trades somewhere between six and eight marks below the lower support line.
fifth, the trade position went into profit and recorded a maximum profit of $268.88 and then it went back below the water line(which has dropped a bit) and i placed one additional 0.01 lot buy trade at approx six marks below the new and current lower support line.
if my work is valid, then my work is now stuck in a hard corner once again.
i have set a takeprofit at a short distance above the break even line.
Platform : http://www.citifxpro.com/new-metatrader4
Login : 2089599557
Password : qze2hec
.
.
contact zero 510-684-1114