Hello,
Hello everyone. I am a firm believer in the KISS (keep it simple stupid ;-) principle.
Along those lines, I have been working on a stop and reverse strategy that using a single moving average on the 10 minute chart during ce. Last month I had pretty good results with it (as can be seen in the graphic below.
The rules are seen in the image. Let me know what you think. Also, does anyone know of a platform (other then Tradestation since I don't have $5,000 to open an account) that has the capability to alert me based on an indicator's position. For example, as you can see below, one of the rules to open a trade is that the moving average changes directions by 5 pips. Unfortunately, my strategy often triggers when I'm asleep. If my computer could beep really loud, it would wake me up and I'd place the trade.
Thank you all for your wonderfull work! I love FF.
Agent 2005
P.S. In the image lines have been cropped short they read:
Change of direction is defined as a retracement in any direction 5 pips
Trade is triggered when there is a change of direction within a certain time.
Hello everyone. I am a firm believer in the KISS (keep it simple stupid ;-) principle.
Along those lines, I have been working on a stop and reverse strategy that using a single moving average on the 10 minute chart during ce. Last month I had pretty good results with it (as can be seen in the graphic below.
The rules are seen in the image. Let me know what you think. Also, does anyone know of a platform (other then Tradestation since I don't have $5,000 to open an account) that has the capability to alert me based on an indicator's position. For example, as you can see below, one of the rules to open a trade is that the moving average changes directions by 5 pips. Unfortunately, my strategy often triggers when I'm asleep. If my computer could beep really loud, it would wake me up and I'd place the trade.
Thank you all for your wonderfull work! I love FF.
Agent 2005
P.S. In the image lines have been cropped short they read:
Change of direction is defined as a retracement in any direction 5 pips
Trade is triggered when there is a change of direction within a certain time.
Attached Image
Be sure you're right. Then go ahead! -- Davey Crockett