Forex trading strategy #23 (Trading with Average Daily Range)
Submitted by User on July 7, 2009 - 09:20.
Submitted by Ipun
1- Close out any open position
2- Cancel any unexecuted orders
3- Set an Entry Buy order 1 pip above previous high
4- Set an Entry Sell order 1 pip below previous low
5- Set stops and limits using the following guidelines:
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HI IPUN.JUST WONDERING IF THE ADR INDICATOR IS LISTED IN METATRADER 4 PLATFORM, BECAUSE I DONT SEE IT IN MY MT4 PLATFORM, UNLESS ITS UNDER DIFFERENT NAME.THANX
THERE IS ONLY AVERAGE DIRECTIONAL MOVEMENT INDEX AND AVERAGE TRUE INDEX
At 5PM EST
Hi Ipun, how long have you used this strategy? How is the win percentage long term taking into consideration trending and non trending markets.
Thanks!
Alex Liu
Looks a lot like Stuart's Strategy!
I JUST MADE COOL 50P ON DEMO LOOKS NICE, TIMI
what time should i place and cancell orders thaNX
Thanks for publishing my strategy.
Ipun :)
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