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Bobnannings Range trading method - MT4/MT5 resources

author EAcpu | 3 reads | 0 comments |
Okay, I opened this post based on NanningBob's suggestion to cover range trading on various currency pairs,
Anyone who knows nothing about this should read the topic "Trading AUD/NZD Successfully" in the Beginner's section. Please read it from beginning to end as it has gone through many transformations. You may also want to read "100 x 80 EA oh boy"
Otherwise it would be like watching the third Star Wars movie and saying "So who is this Darth Vader guy?" (You don't want to look that stupid, do you?)

Now I may have opened this thread up, but it's firmly in the hands of nanningbob, it's his method, I'm just a follower, so any questions you may have should be directed to him.

So to start rolling, I released a version of Bob's EA which uses ATR to create a buffer between the 40MA and the first trade, the only new settings it has for a 5 digit broker (Alpari) are;

ATR period and ATR multiplier

ATRperiods is number one. Return to view the number of items, set to 13 (adjustable)

ATRmultiplier is the factor multiplied by ATR, set to 6 (can also be adjusted)

According to the EA settings, you can trade GPB/USD all last year without "death trades"

Try it and enjoy.

Steve.
atr40ma.gifatr40ma5min.gifgbp-usd 4h.gif60x40 results 1-13 to 1-23.gif
atr40ma.gifatr40ma5min.gifgbp-usd 4h.gif60x40 results 1-13 to 1-23.gif
atr40ma.gifatr40ma5min.gifgbp-usd 4h.gif60x40 results 1-13 to 1-23.gif
atr40ma.gifatr40ma5min.gifgbp-usd 4h.gif60x40 results 1-13 to 1-23.gif
atr40ma.gifatr40ma5min.gifgbp-usd 4h.gif60x40 results 1-13 to 1-23.gif
atr40ma.gifatr40ma5min.gifgbp-usd 4h.gif60x40 results 1-13 to 1-23.gif

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