Thank you for the reply RR. Truly appreciated. As you can see from my earlier post, I will most likely be using SpudFyre's Stochastic Threads to filter entries and the 8 LWMA for guidance in maintaining the trade. Still working on that part a bit, might end up using a 10.
I created a very, very simple EA to manage the exit only,,, based on a price cross back over the 8 against the trade. I've been working on this "system" for a while, and it's more of a discretionary/ mechanical hybrid strategy. Discrectionary on entries,,, more or less mechanical on exits as that is where I tend to chicken out the most and make the biggest mistakes.
My aim is to acheive the highest probability/ success rate possible for me, with my skillset and to then apply a business plan to that. Your indicator is similar to what I have had in mind for a long time, but have no idea how to program correctly.
Thanks again, I'll let you know how it goes.
I created a very, very simple EA to manage the exit only,,, based on a price cross back over the 8 against the trade. I've been working on this "system" for a while, and it's more of a discretionary/ mechanical hybrid strategy. Discrectionary on entries,,, more or less mechanical on exits as that is where I tend to chicken out the most and make the biggest mistakes.
My aim is to acheive the highest probability/ success rate possible for me, with my skillset and to then apply a business plan to that. Your indicator is similar to what I have had in mind for a long time, but have no idea how to program correctly.
Thanks again, I'll let you know how it goes.