Hi all,
After i spend a lot of viewing and testing many method and system in FF, now i want to share the system i recently use and test with my mini account.
Setup : 30 minutes charts (EURUSD, USDJPY, EURJPY) ==> i called it TRIANGULAR
The setup is so simple
RULE :
- Look the open price of the bar at 01.30 GMT (convert to your own broker time) at each charts (EURUSD, USDJPY, EURJPY).
- For EURUSD and USDJPY, add 50 pips to the open price of the bar at 01.30 GMT, put Buy Stop there with 10 Take Profit, no Stop Loss
- For EURJPY, substract 50 pips to the open price of the bar at 01.30 GMT, put Sell Stop there with 10 Take Profit, no Stop Loss
- Close all pending orders if one of the order hit the Take Profit
- If 2 of the pending orders execute, close the pending orders that not executed yet. (let it run until profit or the loss is not bigger than 10 pips)
We can backtest the system...
Sorry if my english is bad.
Any comment, thought, idea will welcome..
Maybe this system not perfect anymore..
After i spend a lot of viewing and testing many method and system in FF, now i want to share the system i recently use and test with my mini account.
Setup : 30 minutes charts (EURUSD, USDJPY, EURJPY) ==> i called it TRIANGULAR
The setup is so simple
RULE :
- Look the open price of the bar at 01.30 GMT (convert to your own broker time) at each charts (EURUSD, USDJPY, EURJPY).
- For EURUSD and USDJPY, add 50 pips to the open price of the bar at 01.30 GMT, put Buy Stop there with 10 Take Profit, no Stop Loss
- For EURJPY, substract 50 pips to the open price of the bar at 01.30 GMT, put Sell Stop there with 10 Take Profit, no Stop Loss
- Close all pending orders if one of the order hit the Take Profit
- If 2 of the pending orders execute, close the pending orders that not executed yet. (let it run until profit or the loss is not bigger than 10 pips)
We can backtest the system...
Sorry if my english is bad.
Any comment, thought, idea will welcome..
Maybe this system not perfect anymore..