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Against Repainting .
Hi all,
I've just found this thread and very very interesting. Lots of people hate the repainting like this but I like to play with it. I've read a lot and trying to trade with 3-Level- ZZ- Zemafor. It repaints heavily. I was blown up several accounts (demo & real money), but I've so far not given up to studying it and trying to find a way to conquer it. I've observed a lot and realised that when going long/short with this kind indicator that means we maybe are doing countertrend trading and of course very dangerously. I lost a lot with tight stoploss. I short/long again and again at new high/new low and adding positions. And continue to lose. After thought much I came up with an idea. Why we didn't make a pending buy/sell order just several pips below/above the bar with the indicator together with the sell/buy order we've just opened for the signal. If the price go against us, the opposite orders will be triggered and the profit is very promising, marking up the initial loss due to stoploss is hit. Just a starting idea, and just a newbie, not successful with forex yet, still looking for a suitable strategy for my own. If you guys are interested of, please help me to develop my humble idea. I because I've not finished going through all this thread yet, so please ignore if this thing has been discussed already and help showing me which post I can refer to.
let make this strategy #1.
Good luck and success to all.
Last edited by Exciter135; 06-07-2009 at 05:56 PM.
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