ZMAX, I think I forgot to recomplie the indicator . I'll test it once more.
ZMAX, this is the backtest on EURUSD 1H from June 2007 (just following the indicator) - stop and reverse method without any additional filters. No SL no TP.
I think to put a TP would make a difference. Would you be able to test it and share with us the EA?
It's interesting stuff Nix, thanks for sharing.
You should probably discard stop and reverse, it's usually a spiral of doom scenario. Accepting the fact the trade is a loser for whatever reason is a better way to go.
Examining your entries tell me that it's most likely a good management plan afterward with entry protection and trailing etc would make this quite profitable.
Thank you for this share and right to make a test, could you give me the M15 adjustments for the Price-Trigger indicator?
My broker don't allow scalping
Good luck for everyone
If your broker doesn't allow scalping, I suggest that you switch brokers
Ask your broker what is his definition of scalping.
Most probably he doesn't allow you other profitable strategies also.
nonlagdot is re-paint
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