BIG DOG Trade strategy

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Naam:
BIG DOG Trade strategy [ ru ]
Skrywer: fortrader (2009.11.19 16:29)
Afgelaai: 9489
Aflaai:
BIG DOG Trade strategy 1
FT_TIME_BIGDOG.mq4 (3.7 Kb) Beskou

Published by:

FXWizard

Beskrywing:

The idea is based on breakthrough strategy.

Trade rules :

  • Find the maximal/minimal price values in the period from 14 aan 16 ure (terminale tyd) and set pending orders for buy/sell at the maximal/minimal value.
  • We set orders only if the distance between the maximum and minimum is not more than 50 punte
  • Take Profit is 30 punte. Trailing Stop is 15 punte.
  • Stop Loss defined at the price level of the opposite deal. Unused orders are removed at the end of the day.

Beeld:

BIG DOG Trade strategy 2

Aanbevelings:

  • See FORTRADER.RU maganize ( 52) for the details.

 

Editor's remark:

Note that it's a mirror translation of the original Russian version.

As jy enige vrae het, suggestions or comments, it's better to post them there.

If you have found this code useful for trading or educational purposes, don't forget to thank author.

3 kommentaar Om 'n nuwe opmerking te plaas, asseblief teken aan of registreer

Would the 14 aan 16 hours be the same for me as they are for you? wouldn't this time value be different depending upon your brokers timeframe? So if this is the case, this may not be a winning system if we are using different brokers than yours. Does this program take that into consideration? also what about DTS? Does it handle US vs Euro DTS offsets?

Why is that a limitation on the pip spread between high and low? What is the result if beyond 50 pitte?

What pair does this work on? Is it good for multiple pairs?

Uiteindelik, why a pending trade? Why not simply wait for a confirmation value and enter the trade, if not, then do not place the trade?

02.04.2010 06:56 LEHayes

Why is it that the code can be translated, but never the remarks or comments?

02.04.2010 06:46 LEHayes

Hallo,

Very good EA! Can you add 10 of 15 pips above (for buy) of onder (for sell) bestellings?

Tx and regards,

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Skrywer: Forex Wiki-span
Ons is 'n span hoogs ervare Forex Handelaars [2000-2023] wat daaraan toegewy is om die lewe op ons eie terme te leef. Ons primêre doelwit is om finansiële onafhanklikheid en vryheid te verkry, en ons het selfonderrig nagestreef en uitgebreide ondervinding in die Forex-mark opgedoen as ons manier om 'n selfvolhoubare leefstyl te bereik.