Thread: Highest Open / Lowest Open Trade

Stop in place.

Cease moved to BE 1.

Please do not hesitate to ask questions.

Successful people ask better questions, and consequently, they get better responses. - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates . It's a form between individuals of discussion and question, dependent on asking and answering questions to stimulate critical thinking and also to illuminate thoughts.

The HIGHEST OPEN / LOWEST OPEN TRADE system is a derivation of the Trading is as simple as 1-2-3.

The entries are from time to time the specific same but this system, more often than not, provides more trading opportunities.
No promises are made for earning countless pips per transaction.
Trend, support, resistance, etc, are discounted.
Price action reversals in the daily high/daily low are exactly what makes this method a winner.

Someone can write an EA to demone that this system doesn't work.

If a person attempts to do so please create the EA have a start/stop time inputs with default set to NY 8 am and NY noon.
Transfer stop to BE 1 after N favorable pips have to be an input.
Exit part of the position after X favorable pips have to be an input.
Stop trading to the session after Z favorable pips or Z dollars are banked.
Stop Loss ought to have an input for daily high Y pips and daily low - Y pips.

This are the only way to have a fair representation of the way to trade the machine profitably.

One More Instance.

Far price has to go through the start?

Originally Posted by ;

Just how far price has to go through the open?

Are you asking if price does:

O - 1, O, O 1, O Can you input?

O - 1, O, O 1, O 2, O 1, O Can you input?

O - 1, O, O 1, O 2, O 3, O 2, O 1, O Can you input?

Best to await a candle to close over the greatest open or under the lowest open before you input so that you can enter with the candle flow as opposed to against it.
See Bars 33 and 32 in chart above.

Occasionally, the candle could spike and retrace. You input on the retrace.
See Bars 30 and 29.

You will have to see your pair and find out how it reacts.

Good question! Allow me to know if you require further explanation.

Potential Commerce.

Hi, thanks for sharing your egy...
Can you use any indior? For automatic marked Low or High of prices?