Oil Spot Strategy in Forex by Mohammad Sadi

 
Oil Spot Strategy in Forex

Explain the strategy is in the attached fileBest Regards

 

Hello

This is the result of one-month

Files:
004.png  178 kb
 

Hello.

Thanks for share idea.

I will to begin to read the PDF and make some tests, please help me to code it.

- Works in any pair ?

- How do you decide the TP/SL by each pair ?

- I see the TP is hight, so, its "dificult" to have a trend of 300-400 pips, rigth ?

Thanks!

 
AlbertoFX:
Hello.Thanks for share idea.I will to begin to read the PDF and make some tests, please help me to code it.- Works in any pair ?- How do you decide the TP/SL by each pair ?- I see the TP is hight, so, its "dificult" to have a trend of 300-400 pips, rigth ?Thanks!

Very Thanks

- GBPUSD

-TP=70, SL=30

-Right

Regards

Mohammad

 

Hello, thanks.

What the EA must to do when a order touch the TP and close such trade ?

If TP was due buy limit then I must open a buy/instant/limit/stop ?

if TP was due sell limit/stop then I must open a sell/install/limit/stop ?

Thanks..

Please send me a PM for quick comunication. Thanks

modsadi:
Very Thanks - GBPUSD -TP=70, SL=30 -Right Regards Mohammad
 
AlbertoFX:
Hello, thanks.What the EA must to do when a order touch the TP and close such trade ?If TP was due buy limit then I must open a buy/instant/limit/stop ?if TP was due sell limit/stop then I must open a sell/install/limit/stop ?Thanks..Please send me a PM for quick comunication. Thanks

For Example:

We have those trades:

1.5490 sell

1.5420 buy

1.5390 sell

We shuld use close by option to close 1.5490 sell with 1.5420 buy

and after closing the trades, we put pending orders:

1.5490 sell

1.5420 buy

For trade 1.5390 sell
we will wait to open pending order 1.5320, to close them using close by option

I hope this example is useful

Thanks

 

Currently, do you open manually all orders ?

Do you have a script/EA?

I want to make a EA for make backtests.

Thanks

modsadi:
For Example: We have those trades: 1.5490 sell 1.5420 buy 1.5390 sell We shuld use close by option to close 1.5490 sell with 1.5420 buy and after closing the trades, we put pending orders: 1.5490 sell 1.5420 buy For trade 1.5390 sell
we will wait to open pending order 1.5320, to close them using close by option I hope this example is useful Thanks
 
AlbertoFX:
Hello. Thanks for share idea. I will to begin to read the PDF and make some tests, please help me to code it. - Works in any pair ? - How do you decide the TP/SL by each pair ? - I see the TP is hight, so, its "dificult" to have a trend of 300-400 pips, rigth ? Thanks!

hi alberto

i studied the strategy.

there is no stop loss , no take profit .

you only open pending orders.

as the market moves pending orders gets activated

you close one buy order and one sell order together, it will give a collective profit.

you will open series of pending orders based on the following calculation

long pending orders

market price+70 +100+100+100+100

market price -30-100-100-100-100-100

short pending orders

market price +40+100+100+100+100+100

market price -60-100-100-100-100-100

when u understand the above, we can discuss further in detail

Mohammad Sadi's history of closed trades will make you understand better

rgds

essar168 (sridhar)

 
AlbertoFX:
Hello. Thanks for share idea. I will to begin to read the PDF and make some tests, please help me to code it. - Works in any pair ? - How do you decide the TP/SL by each pair ? - I see the TP is hight, so, its "dificult" to have a trend of 300-400 pips, rigth ? Thanks!

hi alberto

i opened trades based on this calculation....have a look

AFB (arab financial brokers)

Login : 925725432

Password : zwjs0jj

 

Hi Essar, I will to check, please add me to skype. I will send via PM

Thanks in advance

 

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