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Old 03-27-2008, 02:45 PM
newdigital newdigital is offline
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And it is just an example of the rules for M30 BrainTrading:

exit.jpg

And we can choose exit (as variations):
- exit on ^Pivot_ResSup indicator (indicator was coded to draw support/resistance lines for the current day based on FibonacciTrader Journal Issue 6) - horizontal dotted lines);
or
- exit on Stochastic indicator;
or
- exit DayHL indicator;
or
- exit on 2 BrainTrading stop loss indicators.

I prefer the last one. Besides I am usng exit on ^Pivot_ResSup indicator and on Stochastic indicator (depends on the pair, market condition, volatility of the market and so on).

The rules were posted on this thread BrainSystem: Trading Rules
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