moondawnradiance
Junior Member
- Messages
- 63
- Joined
- Jun 10, 2008
- Messages
- 63
- Reaction score
- 3
- Points
- 11
'Go With The Flow 2' Strategy
At any open candle, set 2 pending order:
1) ‘BUY STOP’ 10 pips above open candle, TP 20 pips and SL 20 pips.
2) ‘SELL STOP’ 10 pips below open candle, TP 20 pips and SL 20 pips.
*If one of the pending order triggered, you can close the other pending order or just go with the flow (can be adjusted on the EA)
*If one or both of the pending order not triggered and a new candle open, close the pending order and open a new one just like the beginning (infinite)
Pair: I think it will work on GBPUSD or any pair with small spread and less active, bad idea for GBPJPY!
TF: Off course H1
* Lot, TP, SL, no. of pips between open candle and pending order = Adjustable
Forex Trading are for those who want freedom, this is the answer, no more wait!!!
At any open candle, set 2 pending order:
1) ‘BUY STOP’ 10 pips above open candle, TP 20 pips and SL 20 pips.
2) ‘SELL STOP’ 10 pips below open candle, TP 20 pips and SL 20 pips.
*If one of the pending order triggered, you can close the other pending order or just go with the flow (can be adjusted on the EA)
*If one or both of the pending order not triggered and a new candle open, close the pending order and open a new one just like the beginning (infinite)
Pair: I think it will work on GBPUSD or any pair with small spread and less active, bad idea for GBPJPY!
TF: Off course H1
* Lot, TP, SL, no. of pips between open candle and pending order = Adjustable
Forex Trading are for those who want freedom, this is the answer, no more wait!!!
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