Hello everyone, I am a new member, not new that much, but a newbie with all the meaning of the word 'newbie'. 30 years old, Greece, trying to make some extra income by first testing in demo and then going in live, hoping not to get eaten up like 95% of the traders.
Here is my strategy to be tested:
It looks like a lot of dimdels strategy here: http://www.forexfactory.com/showthread.php?t=537112 , but instead of the whole candle I will try to make use of the difference between the high and the low of the candle.
Buy setup:
previous days' candle is green, so at the same high as yesterdays' I set a buy stop order for as many pips as the difference ( Δ δέλτα or delta ) of the high minus the low Δ (OC) .
Short setup:
previous days' candle is red, so at the same low as yesterdays', I set a sell stop order for as many pips as the difference ( Δ δέλτα or delta ) of the low minus the high Δ (OC) .
Any help is very much appreciated, any comments also, I am a newbie and here to learn, seeking for help and advice from the more experienced traders.
Thank you very much and especially dimdel, eelfranz and everyone contributing positively to FF.
I would also like someone to help me to connect a tradeexplorer to my demo account. Thanks again! (Ok, did it, hope everything is ok!)
Here is my strategy to be tested:
It looks like a lot of dimdels strategy here: http://www.forexfactory.com/showthread.php?t=537112 , but instead of the whole candle I will try to make use of the difference between the high and the low of the candle.
Buy setup:
previous days' candle is green, so at the same high as yesterdays' I set a buy stop order for as many pips as the difference ( Δ δέλτα or delta ) of the high minus the low Δ (OC) .
Short setup:
previous days' candle is red, so at the same low as yesterdays', I set a sell stop order for as many pips as the difference ( Δ δέλτα or delta ) of the low minus the high Δ (OC) .
Any help is very much appreciated, any comments also, I am a newbie and here to learn, seeking for help and advice from the more experienced traders.
Thank you very much and especially dimdel, eelfranz and everyone contributing positively to FF.
I would also like someone to help me to connect a tradeexplorer to my demo account. Thanks again! (Ok, did it, hope everything is ok!)
Carpe Diem