OK, I am opening this thread at the suggestion of NanningBob to cover range trading, on various currency pairs,
anyone who's in the dark about this ought to read the thread trading the AUD/NZD successfully also in the newcomer section
please read it all of the way through, as it moves through many metamorphoses, you may also wish to read 100 x 80 EA oh boy
differently following this will be similar to watching the next Star Wars film and saying so who's this Darth Vader bloke then? (you would not want to seem that stupid do you?)
Today I might have opened this thread but it belongs firmly in the hands of , this is his method and I am simply a follower, so any questions that you might have must be directed towards him.
So, to start the ball rolling I am posting my version of Bob's EA which uses ATR to create a buffer between the 40MA along with also the initial trade,it's set up for 5 digit brokers (Alpari)
the only new configurations are;
ATRperiods and ATRmultiplier
ATRperiods is the no. Of pubs back to appear and is set at 13 (adjustable)
ATRmultiplier is a factor to multiply the ATR by and is set at 6 (also adjustable)
with the EA configurations as they are you could have exchanged GPB/USD all previous year with no death trade
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