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This is my first journal. This is a modified breakout strategy which I use on a daily basis, usually on GBPUSD, and set .
These are pre-est at the start of trading usually 6am when I get up.
There are 2 take profit targets. The first TP at 10 pip 1.9788, second 1.9809.
There is a potenital to run another lot at the third profit target but these needs descrationary, as i do not have a perfect target. I will try to add a chart (but havent technically managed to do it yet !)
Both targets taken today
(I wonder if i can use an indicator to call a script to automate these targets -mmmmmmmm)
This is my first journal. This is a modified breakout strategy which I use on a daily basis, usually on GBPUSD, and set .
These are pre-est at the start of trading usually 6am when I get up.
There are 2 take profit targets. The first TP at 10 pip 1.9788, second 1.9809.
There is a potenital to run another lot at the third profit target but these needs descrationary, as i do not have a perfect target. I will try to add a chart (but havent technically managed to do it yet !)
Both targets taken today
(I wonder if i can use an indicator to call a script to automate these targets -mmmmmmmm)
Here this should help you a little bit. I just modified one of my indicators to help you with visual backtest of your idea.
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This is my first journal. This is a modified breakout strategy which I use on a daily basis, usually on GBPUSD, and set .
These are pre-est at the start of trading usually 6am when I get up.
There are 2 take profit targets. The first TP at 10 pip 1.9788, second 1.9809.
There is a potenital to run another lot at the third profit target but these needs descrationary, as i do not have a perfect target. I will try to add a chart (but havent technically managed to do it yet !)
Both targets taken today
(I wonder if i can use an indicator to call a script to automate these targets -mmmmmmmm)
Please can you explain the strategy in more details.
I was just curious. Are you using Darvis Theory? It would be great if someone could create an indicator for MT4. I use it on another stock program I have, but would have no idea how to program it.