DislikedI have not read the whole 100 pages of the strategy thread and i apologize in advance if it has been discussed already (and probably has). Would it make sense to not trade during a specific week if the range of MoTu reaches a certain level of (or exceeds) the weekly average range ? (high volatility filter).Ignored
And maybe you could check when the MonTue range is small, do trades enter and then get stopped out due to volatility or price reversal?
What is needed is a precise, ideal setup, perhaps 2/5ths of the AWR, before entering, a guarantee in Forex is always good.
Do you have a good indicator for AWR? Maybe Paul can incorporate into the EA display; ADR would be great there too?
In a sense, the extra entry range beyond the Monday Tuesday range, prevents the situation you mention, don't you agree?
The two most powerful warriors are patience and time. Leo Tolstoy