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Posted

London Forex Open

 

It suppose to be a PDF manual with one MT4 indicator and a template file. The indicator includes the Trend indicator and the Asian Market Range highlighter.

I GUESS that, from the chart posted in their website, the system works like this:

-During the asian session, a range, high and low, is calculated during a certain time interval and following a specific rules

-Then at 8:00 UK time, an order is entered. MAY BE a pending order, buy and sell at the break of the range.

-3 lot is entered at 3 different target and SL=40pips each.

-SL is moved to Break Even at a certain profit level.

THIS IS JUST A GUESS, BUT I AM STILL INTERESTED IN THE SYTEM IF SOMEONE CAN SHARE………

Posted

That is interesting, with SLs at 15, 30 and 50 it is the '95 pips a day' system, with 20,30,50 I believe it becomes Karl Dittman's "100 a day". I wish that there was a "150 pips a day" system. Oh! hum!

 

Freddie

Posted

Here is the picture. What we want to know now is what does the 'false breakout' bit do?

http://i914.photobucket.com/albums/ac341/freddieforII/LFO.jpg

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