EURUSD, level 1 buy (08:30cet) @ 1,2675 (pivot at 1,2676!!!). It has made a high so far at 1,2693. + 18 pips.
EURUSD, level 1 buy (16:oocet) @ 1,2673. It has made a high so far at 1,2692. + 19 pips.
why no SELL signal
EURUSD 13:00 CET @1,2660? (made its low @1,2649)
Hi Hundsbua. There was no sell signal because of the filterlevel -0.04.
But it's up to you to use these filterleverls or to not use them.
Hundsbua, also you had to wait until the close of the 1300-1330 bar, because it was the first red histogrambar after a green one.
So you never would have done an entry at open 1,2660.
If at the close of the 1300-1330 Euro bar the histogrambar would have broken the -0.04, then your entry on the next bar (1330-1400)
would have been at break of the low of the previous bar (1300-1330) with histogram still red and filter broken.
But it was not.
Nina may correct me, if i'm wrong with that theory.
Level 1 USD/CHF - buy
Level 1 GPB/USD - buy
Level 1 EUR/USD - sell
which broker is better for this system..
just to inform you i've developed this strategy in EA which based on very basic rules. i'm using EA builder script to develop this. i dont know much programming. dont ask me on code
the rules is the long position opened when next bar open above EMA 50
and short position opened when next bar open below EMA50
with 10 pips trailing stop. no SL and No TP
backtest on visual mode attached below. modelling quality not that good
Signals so far 10:00cet:
EURUSD, level 1 sell (10:00cet) @ 1,2682 (pivot at 1,2680). It has made a low so far at 1,2654. + 28 pips.
USDCHF, level 1 buy (09:30cet) @ 1,2524 (pivot at 1,2528). It has made a high at 1,2563. + 39 pips.
GBPUSD, no signal yet.
Total so far= 67 pips.
can u post image with comments for GPB/USD?
Signals so far 13:00cet:
EURUSD, level 1 sell (10:00cet) @ 1,2682 (pivot at 1,2680). It has made a low so far at 1,2650. + 32 pips.
USDCHF, level 1 buy (09:30cet) @ 1,2524 (pivot at 1,2528). It has made a high at 1,2564. + 40 pips.
GBPUSD, level 2 buy (11:30cet) @ 1,8805. It has made a high at 1,8822. + 17 pips.
Total so far= + 89 pips.