- June 10, 2013
- Posted by: Forex Wiki Team
- Category: Forex Trading System
hello friends
purpose of the thread build toghether a trading system
based only on high & low of bars & NOTHING ELSE.
Please kindly no fight no bashing etc ...
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your are all welcome
please advice comment put pics put code etc ...
thanks
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with thos 2 indicators u can get the same screen as me
use line chart then select line graph color none
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then
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then
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I am not very smart so high & low is already a lot of info for me
so now we have only 4 types of bars
its not = to range bar but close to it
bullish
bearish
inside
outside
let's have a look at this pic where i put only bearish & bullish bar
Attached Image (click to enlarge)
My first idea is to concentrate on the outside bar
please kindly share your ideas as well
i see a lot of system about break out of outside bar & engulfin ..
let's try something a bit different
next week will test support & resistance line that i must draw by hand .....
this is a pic of the idea
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waiting for help from coder here http://www.forexfactory.com/showthre...99#post6739599
idea simply autodraw 1 support & 1 resistance line
everytime a new outside bar appears ( erase the previous lines)
all based only on high & low
high of actual outside bar on close
low of actual outside bar on close
other high point must be on a previous outside bar with a high higher then the actual one
other low point must be on a previous outside bar with a low lower then the actual one
will test this next week & revert asap
nice weekend frds
High & Lows worked for the TURTLES, should still work for us