Simple System
Posted: Mon Jul 06, 2009 3:12 am
Hi:
I´d like to share a very simple system that has been quite profitable for me.
I use a e-Regr linear regresion channel as a base, where I can see a channel where the price usually moves , you can find it here: http://codebase.mql4.com/4332
Also, I use this indicator:
http://codebase.mql4.com/629
The AO is not 100% necessary, but useful.
The Image is self explanatory: If the price has gone to the upper side of the channel, you wait for the zero lag stoch to cross to make sure its a strong rebound of the price, and then go short after the candles crosses.
,
The opposites applies to go long.
Carlos
I´d like to share a very simple system that has been quite profitable for me.
I use a e-Regr linear regresion channel as a base, where I can see a channel where the price usually moves , you can find it here: http://codebase.mql4.com/4332
Also, I use this indicator:
http://codebase.mql4.com/629
The AO is not 100% necessary, but useful.
The Image is self explanatory: If the price has gone to the upper side of the channel, you wait for the zero lag stoch to cross to make sure its a strong rebound of the price, and then go short after the candles crosses.
,
The opposites applies to go long.
Carlos