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Nb 10.0 range trading system (Nb 10.0 range trading system) - MT4/MT5 resources

author EAcpu | 2 reads | 0 comments |
Please go to this post to download the 10.0 system.
http://www.forexfactory.com/showthread.php?t=308304
In this topic, we will discuss range trading using 1H CTR BOTH EA. We will use 4H CTR and Daily Recovery EA for Level 2 and Level 3 trading. I traded this system the first week of August and the results were astounding. These are live trades using lot sizes of 0.03 and 0.05 cents. This is my result:

Gross Profit: 106.58 Total Loss: 15.64 Total Net Profit: 90.94 90.94 is an incredible 8.8% increase on my $1035 account. That's a lot size of 0.03 and 0.05 pence. I can't really expect to do this every week, but it's a really good start.

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You can use the CTR EA as long as the range conditions are met, or you can continuously trade the range 24/7 while using only low volatility currency pairs. Please refer to my Excel sheet and only use pairs listed below with volatility 1-3. I've thrown away a few pairs based on two months of experience, but these are the ones I'll be using:

AUD/JPY, AUD/NZD, AUD/USD,
CAD/JPY, CHF/JPY, EUR/GBP,
GBP/CAD, GBP/USD, NZD, CHF,
NZD/JPY, USD/CAD, USD/JPY

This gives me a mix of aud-3 cad-3 chf-2 jpy-5 eur-1 gbp-3 nzd-3 usd-4

Instead of using nzd/usd for better balance, I chose all the #3 volatility pairs except aud/chf. Don't trust the Swiss Franc now, it doesn't move very well. I chose £2 because the pound has been very volatile over the past two years. So until they stop the range, I'm going to take the trade. This list of trading pairs may change from time to time based on market fluctuations. For example, if GBP starts to hit the headlines, I would move away from GBP/CAD and possibly GBP/USD.
eur gbp.gifeur gbp 4h.gifeur gbp 1h.gifeur gbp ctr 4h.gif
eur gbp.gifeur gbp 4h.gifeur gbp 1h.gifeur gbp ctr 4h.gif
eur gbp.gifeur gbp 4h.gifeur gbp 1h.gifeur gbp ctr 4h.gif
eur gbp.gifeur gbp 4h.gifeur gbp 1h.gifeur gbp ctr 4h.gif
eur gbp.gifeur gbp 4h.gifeur gbp 1h.gifeur gbp ctr 4h.gif
eur gbp.gifeur gbp 4h.gifeur gbp 1h.gifeur gbp ctr 4h.gif

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