[/quote] Oh, I've been working on a single level hedge, where you open the first order with RSI towards tp_in_money mark ... which, if it doesn't reach, after the price starts to reverse, it opens 100% hedge in opposite direction.
So, you wait until a trend starts to develop and you say, Okay, fine, I'm going to setup a flag, noting this has happened, and wait for the trend to peak and, as soon as it begins to reverse (and establishes a pivot point?), and builds up enough momentum in the opposite direction, closeout the trade at the top and ride the profits all the way down. Well, it sounds great in theory anyway.
I have the basic hedge working right now, but am far from figuring out the rest of it.[/quote]
Hi ecTrade Take a look at this http://indo-investasi.com/showthread...-exit-solution
So, you wait until a trend starts to develop and you say, Okay, fine, I'm going to setup a flag, noting this has happened, and wait for the trend to peak and, as soon as it begins to reverse (and establishes a pivot point?), and builds up enough momentum in the opposite direction, closeout the trade at the top and ride the profits all the way down. Well, it sounds great in theory anyway.
I have the basic hedge working right now, but am far from figuring out the rest of it.[/quote]
Hi ecTrade Take a look at this http://indo-investasi.com/showthread...-exit-solution