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Posted

Maybe this already exists? (I have zero coding experience.)

 

Initialize:

 

Delay x (time period(s) from candle open (i.e. seconds, minutes, hours,

days, etc.)

 

(increment setting), i.e. 5 pips from candle open, triggers enter position in

direction candle is moving from candle open

 

TP/trailing stop to opened position (incremental setting) and advancing with price

move. (TP occurs when stop is hit. If candle moves against open, will be

immediately stopped out.)

 

This strategy will get stopped out often enough, but those draw-downs should

be small; hoping the profitable runs will make up for it. (I'm using an ECN broker

with very low spreads.)

 

germeten at graffiti dot net

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