Two Directional Grid w/Range - MT4/MT5 Resources
I found a new strategy for the grid system...
I modified the grid system to have two directions (buy and sell) and a range
Example:
GBP/USD 1.9775 We Buy..
So for 25 ranges we have Sell, Buy, Sell, etc above 1.9775 Also we have 25 ranges for Sell, Buy, Sell etc below 1.9775 This is the position
...
1.2050 Sell Stop
1.2025 buy stop loss
1.2000 sell stop loss
1.9975 buy stop
1.9950 Sell Stop
1.9925 buy stop
1.9900 Sell Stop
1.9875 buy stop
1.9850 Sell Stop
1.9825 buy stop
1.9800 Sell Stop
1.9775 Start buying here
1.9750 Sell Stop
1.9725 buy stop
1.9700 Sell Stop
1.9675 Buy Stop
1.9650 Sell Stop
1.9625 buy stop
1.9600 Sell Stop
1.9575 Buy Stop
1.9550 Sell Stop
1.9525 buy stop
1.9500 Sell Stop
...
This system reduces explosions if price rises or falls sharply without any retracement...
Any thoughts on it would be greatly appreciated...
I modified the grid system to have two directions (buy and sell) and a range
Example:
GBP/USD 1.9775 We Buy..
So for 25 ranges we have Sell, Buy, Sell, etc above 1.9775 Also we have 25 ranges for Sell, Buy, Sell etc below 1.9775 This is the position
...
1.2050 Sell Stop
1.2025 buy stop loss
1.2000 sell stop loss
1.9975 buy stop
1.9950 Sell Stop
1.9925 buy stop
1.9900 Sell Stop
1.9875 buy stop
1.9850 Sell Stop
1.9825 buy stop
1.9800 Sell Stop
1.9775 Start buying here
1.9750 Sell Stop
1.9725 buy stop
1.9700 Sell Stop
1.9675 Buy Stop
1.9650 Sell Stop
1.9625 buy stop
1.9600 Sell Stop
1.9575 Buy Stop
1.9550 Sell Stop
1.9525 buy stop
1.9500 Sell Stop
...
This system reduces explosions if price rises or falls sharply without any retracement...
Any thoughts on it would be greatly appreciated...
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