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Stop Loss is trailed to 1 pip below lowest low of last 4 bars (for long trades) and to 1 pip above highest high of last 4 bars (for short trades). Exits are done only by the trailing stop.
The last 4 bars including the bar on which you traded?
Bollinger vs MA
Hi
Certainly an interesting system, but it does not really rely on Bollinger, right? It rather is based on the 20 period MA, which is widely used in order to create signals.
I personally do combine the 20 Ma with MACD and the results are very good.
Cheers,
Heiko
Heikobaer, can you explain your system better?
Hi
Certainly an interesting system, but it does not really rely on Bollinger, right? It rather is based on the 20 period MA, which is widely used in order to create signals.
I personally do combine the 20 Ma with MACD and the results are very good.
Cheers,
Heikoma 20 macd, momo?
Take careful
This method is good for last half year on EURUSD and GBPUSD, but you will find diffrent between 2008.4 to 2008.7
I have using a similar strategy - very well
I have using a similar strategy - very well
more details please..
thanks
Results
sounds simple to use.
Can you show us some results?
looking forward to test this system
Hi
I just placed a threat on the strategy I use. The EA is almost complete, it jsut needs a fix for the 2 lot break even strategy. Have a look.
Cheers, Heiko
Heikobaer, can you explain your system better?
ma 20 macd, momo?
Yes, exactly. I actually programmed an EA of this strategy with some additional features and options. Please have a look on my threat as of today.