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Any updates, guys?
BTW, I was thinking of enhancing the rules for EXITING the open trade.
The STOPLOSS limit remains at 20 pips.
To close the thread, for BUY position:
Initially, the TARGET is set at 20 pips.
Then if the RSI 14 reached the 60 point level, "erase" the 20-pip target and replace by trailing profit by 10 pips (or by 15 pips if that's the minimum allowed),
For SELL position:
Initially, the TARGET is set at 20 pips.
Then if the RSI 14 reached the 40 point level, "erase" the 20-pip target and replace by trailing profit by 10 pips (or by 15 pips if that's the minimum allowed),
Is that possible?
Last edited by Pinggarcia; 05-02-2007 at 07:40 AM.
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