I've been investing a lot of time over the last few months in relation to generating Daily Range egies that always return positive outcomes.
Micardo has a ribbon on Daily Range egies that is worth the time to read. I've begun a new thread here, so to not confuse the continuing thread of Micardo's and focus around the Batfink System.
Attached is a record I have assembled that uses one of these egies. I've chosen this one to keep the risk low and limit reverse transactions and drawdown of account. I have also added visual indiors for your own system and directions are found in the attached file.
Don't hesitate to provide suggestions of improvement for this particular system or modify for your own use. Sending this out to the masses for analyzing and thinking up further improvements can only improve.
Adding a number of indiors etc isn't actually the gist of the system and the final thing I need is that this system go down the incorporating so many bloody indiors thst the gist of system is missing. I'd prefer improvements to be about price action, stop-loss and trend trading advances however indior discussions are also welcome but should be pursued at the daily timeframe as any less will only miss transactions and input late.
Don't hesitate to pull me up on any mistakes.
For those presently using the London Open and 3 lots I am also finaliseing a record for this particular system and wil set in Micardo's ribbon https://www.cliqforex.com/trading-sy...ncleforex.html as the majority of the conversation around this egy appears to be listed.
Cheers
https://www.cliqforex.com/attachment...1115011307.pdf
https://www.cliqforex.com/attachment...0930286091.zip