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Closed out short trade +160 pips. -22 +160 = +138 for the day.
Note: With Original strat we have two signals, a buy and sell. With Buffer Filter we only have one short signal. Maybe with Original strat we could have waited for a clearer signal, SMMA clearly closing below Daily Open Price, which came one bar later?
TimeFreedom
Quote:
Originally Posted by TimeFreedom
We already have a reversal sell signal and I am short @ 210.87 manually using MTP to manage SL and TP. Closed out previous long for -22 pips.
TimeFreedom
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"Believe none of what you hear and half of what you see."
Last edited by TimeFreedom; 02-19-2008 at 02:44 PM.
just backtesting it seems a 200EMA would filter most of the bad trades.
Could this be put into the EA?
BW
CG
I think you might miss a lot of trades as well. I'm starting to use the BF filter timefreedom has posted and the AMA posted a few pages back to keep me from trading the noise.