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[REQ] G0ld Break0ut


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There's an old thread all about it :)

 

http://indo-investasi.com/showthread.php/1325-Trade-Gold-with-MT4-Gold-Trade-Pro

 

Ah yes, I remember that thread.

 

This looks like a new version that has been reworked using volatility and fibs, mmmm ? That's novel.

 

One of the major problems with trading is that conditions change. Gold breakout compensates for this in two ways. Firstly, when the market is less volatile, we reduce our maximum tradable candle size (an indication of volatility). Secondly, because our trade parameters are based on Fibonacci levels, the stop and take profit automatically expands and contracts according to the conditions of the day. This means that our take profit can be as low as 30 pips during quiet times and over 100 pips when the market is volatile.

 

Yadayadayada !

 

Here's what I had from the original if anyones interested.

 

http://www.multiupload.com/PKT7X7V0CZ

 

But I think this update sounds better, any takers for Gold :)

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