New directions.
7 new orders opend by Professional while sleeping.
Nzdusd sell
nzdjpy sell
gbpchf sell
eurnzd buy
eurgbp buy
euraud buy
audjpy sell
Hi Rijfie,Originally Posted by ;
1- utilize Stoch for entrance
two - Define an Init lot dimensions 0.01, define interval to add-up 1 or 2 two Pips, define trail
3- When receptive pos strt gain the period then add up more init dimensions
4- Once the price retract for te route worth, bank the profit. And replicate....
For SL there's two situations 5 or 6
5- Put a fixed SL, almost very tiny. So loses will be computed based on init dimensions which is quite modest * SL. On the other hand profit must be predicated on larger dimensions multiply of init dimensions
6- Keep the lose pos, and let the dimensions do the job.
I am trading in this manner for quite a very long time, manually. I think it made a fantastic outcome. Nonetheless, it isn't easy to manage it manually, and almost all trades are upon to my own implementation mistakes in trading.
Example:
init dimensions of 1 S. lot, SL 5 Pip and Interval to add-up is 5 Pip
If the price travel for 30 pips before retracting for 5 pips = profit of 75 pip* init dimensions (30 20 15 10 5-5)
On the other hand, reduction trade = five pips
Means we need price travel for 30 pips prior to retracting for 5 pips, one time to regain 15 lose trades.
This last line is the principal concept all other configurations and methods can be enhanced upon attempt. I noticed that may be intersted in automating new ideas. I am not sure about the outcome, that also automation may make us sure. Consider and allow me to know if you have any ideas to convert this to EA, if you're not thoughts, bro.