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