Hi all
i want to share a strategy,
its still in development, and i hope we can develop and improve it together,
the system is so simple and also profitable.
1.On monday, Look at the weekly chart.and look at the open price we have open price.
2. From the open price , we set:
-buy stop for each +20, example:
Open price: 1.28587
then,
-put 4 buy stop on each price +20 from the open price
-put 4 sell stop on each -20 from the open price.
in the end we have 8 pending trade open,
wait until the price hit the pending stop,
3.Take the profit when you are in profit , and close all the order(pending orders and also open orders).
*Use it on two pair which has reverse correlation,
like EURUSD and USDCHF, means if EURUSD go up, USDCHF go down.
Take the pair which is in profit.
4.If all the trade triggered, wait until next week and do the same again, we wait for the price to trend and accumulate the trade that in our favor, and close it when it
total in plus.
*for this method i think we should have EA to help us to put the trade on, and also take the profit at x pips or x dollars and also stop loss when the price already gaves us profit and it turns back, but we should use the EA which based on the equity.If anyone can help, that would be great.
Thank you all
May all beings be happy,
and i hope you have green pips.