Nice strategy. Food for thought.
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DislikedI've been using this system for the last few days with excellent results more then 40 pips per day. Back testing shows me that this system can create great results. I think an expert would do extremely well with this, if anyone is interested to code it. Here goes the system:
Eurusd 15 min chart
AO settings 2, 15
stop loss 15 pips including spread.
take a trade when it moves above or under 10 - wait for the bar to finish.
take profit is dictated by stop and reverse (this where an EA will make good use)
trail 10 pips.
if you have 3 consecutive...Ignored
DislikedHi All, Been going through this strategy for the last week or so and im getting very, very good results. It's easier if you draw a line on the AO. 0.00010 -0.00010 Or just add levels. Im trading this off Trading view and ive set an alert on my phone for every cross of the lines i made. This works on the majors. Im up 4% this week by placing a 15 pip sl and a 15 pip target. I placed 20 trades. I won 15 and lost 5. Very simple but very effective and mechanical. If anyone would like a screen shot or anything i would be willing to help.Ignored
DislikedHi All, Been going through this strategy for the last week or so and im getting very, very good results. It's easier if you draw a line on the AO. 0.00010 -0.00010 Or just add levels. Im trading this off Trading view and ive set an alert on my phone for every cross of the lines i made. This works on the majors. Im up 4% this week by placing a 15 pip sl and a 15 pip target. I placed 20 trades. I won 15 and lost 5. Very simple but very effective and mechanical. If anyone would like a screen shot or anything i would be willing to help.Ignored