Hi folks, I was manual testing this system I would like to see what the experts think of it.
I only tested it for 88 hours total(yah I'm lazy).
I have the chart(not important just for visual). I chose what I thought was ranging and choppy market. Of course there might be choppier markets.
Its what I think is a grid system.
I used snormB indicator to draw lines at every 50 pip interval. You can use different pip intervals.
So on the chart u can see I started with a buy right after the vertical orange line at 1.0900. then if it goes up 50 pips I buy again and close my first buy. If it goes down
I sell and so on until I am up total 50 pips. (So if your initial trade goes against you you would buy and sell at every 50 pip interval until you are up 50 pips and close trade)
OK.NEVER MIND WHEN IT RANGES THE SPREAD AND THE AMOUNT OF TRADES YOU HAVE TO OPEN TO KEEP ABOVE WATER WILL KILL YOU.
I only tested it for 88 hours total(yah I'm lazy).
I have the chart(not important just for visual). I chose what I thought was ranging and choppy market. Of course there might be choppier markets.
Its what I think is a grid system.
I used snormB indicator to draw lines at every 50 pip interval. You can use different pip intervals.
So on the chart u can see I started with a buy right after the vertical orange line at 1.0900. then if it goes up 50 pips I buy again and close my first buy. If it goes down
I sell and so on until I am up total 50 pips. (So if your initial trade goes against you you would buy and sell at every 50 pip interval until you are up 50 pips and close trade)
OK.NEVER MIND WHEN IT RANGES THE SPREAD AND THE AMOUNT OF TRADES YOU HAVE TO OPEN TO KEEP ABOVE WATER WILL KILL YOU.