Thread: Boxed GBPUSD
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Old 06-19-2007, 01:35 PM
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Kalenzo Kalenzo is offline
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Quote:
Originally Posted by Pervaz
This is my first journal. This is a modified breakout strategy which I use on a daily basis, usually on GBPUSD, and set .

These are pre-est at the start of trading usually 6am when I get up.

There are 2 take profit targets. The first TP at 10 pip 1.9788, second 1.9809.

There is a potenital to run another lot at the third profit target but these needs descrationary, as i do not have a perfect target. I will try to add a chart (but havent technically managed to do it yet !)

Both targets taken today

(I wonder if i can use an indicator to call a script to automate these targets -mmmmmmmm)
Here this should help you a little bit. I just modified one of my indicators to help you with visual backtest of your idea.
Attached Images
File Type: gif visual_backtest.gif (30.7 KB, 265 views)
Attached Files
File Type: mq4 ProfitTargets.mq4 (3.2 KB, 71 views)
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Last edited by Kalenzo; 06-19-2007 at 01:47 PM.
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