The lookback range detemines the hi-lo range based on the # of candles to lookback and the pipsaway detemines how far your stop orders will be placed from the maximum lookback bars. I've had problems with the STWAN or seconds to wait before cancelling orders. I think you can you this EA for a Application you have decribed. The GPB most always makes vertical moves pre and post open. Let me know how it works!!
Quoting PalmerDislikedI'm 'conceiving' a range breakout system based on a given range before the London open. I can use v1.8 in the following manner:
The "news event time" would just be how long I'd want to wait after the London open.
The lookback period (to figure the hi-lo range) would just be the number of candles back I want to take the range from, including the current bar.
# pips away from the hi-lo, same
time before/after for order mods/placement = same
I'd add a few conditions to the orders to go long or short.
So, correct me if I'm wrong (I usually am), but the logic for the lookback period, hi-lo range, and pips away for entry is the same...isn't it?
If I 'see something of interest' I'll post it in another thread to keep this thread as is since this is a different method. Any thoughts on this????
Thanks guys....Ignored
Trade what you see - Not what you think ![](https://resources.faireconomy.media/images/emojis/64/1f911.png?v=15.1)
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