Testing of new method -
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thread: Testing of new method

  1. #21
    Trade 19: proceed stop to 1.2602

  2. #22
    Although I think it is not as profitable, you could be able to spot some other egies which you can use or think of.

    1. I use the interbankfx daily chart or EUR/USD - which usually means you've got one more daily pub on the display
    2. Get yesterday's high(low) and the day before yesterday's high(low) and calculate the average. You obtain an average high(H) and a typical low(L). Then compute average of the high low(M)
    3. If you don't have any order on hand - then if price above(below) M for more then two hours, then you buy(sell), cease will probably be L(H)
    4. No more transaction until following day
    5. Recalculate the cease the following day and change it.
    6. If you have order on hand, state buy, then you are going to search for the price below H for 2 hours and then you place a sell order with cease at L. vise visa for sell. And go back to step 4.
    7. If all order stopped out then go back to step 3.

    As you can see on preceding trade from 6-20, just trade 19 will end up getting big profit(200 PIPS in the moment). The winning ratio is very low - very hard to use compounding money management method. As I am not trading this on the demonion, I am not going to upgrade it anymore. Trade 19 may be stopped out in the upcoming few days but you can calculate the stop with preceding method. You can get something.


  3. #23
    How do you determine your entry? Did it seem promising from guide backtesting?

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