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A Baby Trader.........
actually I have my desired alert....but its late in alert......like this...attach here is late vrsion with alert believe me its give late signal:diamond:red when stoch cross 50 from up to down green cross up.
arrow red:cross down line 76.4 or 23.6 green arrow:cross up line 23.6 or 76.4 if you all(coders) think doesnt want to make a new one instead to fix this...tell me Ill upload the indicator.. p/s:the indicator also have pop up window... |
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???????
so coders+newdigital what do you think fix the older one or make a new on?
attention!if the alert is satisfy me.weeks after I try it Ill post the developed strategy V1 which is better.so who will to code, post here... Last edited by heartnet : 05-06-2008 at 06:33 AM. |
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It should work on any time frame. For exit I would use a 50 or 100 pip (depends on how volatile a currency is) trailing stop to take me out. But you can also simply exit a trade if the SpudStoch or RSI crosses the 76/22 or 50 line in the opposite direction of your trade...
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Piping ain't easy but someone's got to do it! ![]() Last edited by AAD : 05-05-2008 at 10:34 PM. |
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Exit Strategy
Heartnet u asked for an exit strategy. This will depend on three things.
1)ranging market, 2) medium trend and 3). strong trend. If u can identify what sort of trend u are in then your exit strategy will be based on that. ranging markets within an envelope or band or channel. medium to strong trend, use a displaced moving average such as 6,4 or 25,5 try and see what works. or even going to a hgher time frame and trail it using either the high or low of the bar. dont limit yourself to 30 min tf use 15 tf for trend and direction use at_ZDn indicator, stoch 4,2,2 and a double channel such as 20,.03/.05. also suggest study one market before going to other markets. use eurjpy ismail |
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