DislikedNot sure if anyone follwed this thread, which was started by a guy named OAN, and is called my own developed benkyalate system
It uses a GOG line, and entries are made on either side of the COG line as the pair moves a certain distance of PIPS away from the center. With this new and fantastic EA, it is close to the above system, which is also a fine system for determining when a pair is moving to extremes from the center line. The above system would give a minor signal at about 50, and a major one at 100 PIPS away. I know, I know....the...Ignored
For the slower moving pairs 100-150 will probably work but for the big movers like gbp/jpy are gonna need a 3-400 pip range. I will work on that this weekend. I am going to try to stay in the 4 or 5 level range so I can trade bigger amounts