Quote:
Originally Posted by ChicagoRob
Just usdjpy on H1 chart, as recommended.
Rob
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Ok, as I said on a previous post,
1. A trade will not open IF Stochastic is above 80 and bellow 20 levels.
2. If trend = UP according to MA (you can see that on-screen) and Red line is above Blue line on stochastic ind. will NOT open a trade.
3. If trend = Down and Blue line is above the Red line, will NOT open a trade.
If you test only with one pair, chances are that you will have few trades because the above conditions.
Sometimes a pair could be days above or bellow the 80-20 levels on Stochastic indicator, so no trades will be opened.
What i also recommended is to trade 6 pairs with Default settings only:
Portion = 6
You can attach the Stochastic Oscillator to each chart so you can see it, just change properties to: (for H1 Time-Frame)
per_K = 200
per_D = 20
Slow = 20 (changes on the indicator not the EA)
This is how i have gotten the results i posted for 3 Weeks.
Cheers,
epmfx