• Registered: 2012-10-08
  • Posts: 84

Topic: strategy

hi

can someone develop a strategy from this please?

http://strategy4forex.com/simple-forex-strategy/forex-strategy-4-6-gmt-breakout-strategy.html

2 Reply by angat (edited by angat 2012-10-23 14:18:07)

  • Registered: 2012-10-08
  • Posts: 84

Re: strategy

I think this does have potential but may require a creation of a new indicator.

Something like the moving average should not be located within the previous High to Low X bar range, where X is a value of the number of previous bars it checks.

Then have a variable controlling how many pips the "high" with can adjusted up with the default being 0.

And a similar one for the low.

  • Registered: 2012-10-08
  • Posts: 84

Re: strategy

then we could use the following indicators:

New one mentioned above
Entry Time
Moving Average