bkr, that is absolutely FANTASTIC, and I appreciate it. My son is a newbie at forex, and we both want to trade that system, and possibly this one. Thanks!
Yes...I can easily code this, including a confirmation box when the script is run that defaults to the standard but will give you an option to change lot size and SL. I start vacation for a week on Friday so I will be able to put full effort into it starting then. I don't see any reason it can't be finished by Sunday.
yes, bkr. That's all it is....very simple. EXCEPT, because of high volatilty, he did change the orders for this Monday as far as the stop loss only. Normally, it's simply a 60 PIP stop. There is no take profit, as orders are to be canceled at the end of the week. I have cut and pasted below his email that was for trading this Monday.
THESE ARE THE BUY/SELL DISTANCES I AM USING FOR THE CHALLENGE ACCOUNT THIS
WEEK! Doubled buy/sell & stop distances are due to high volatility! (It
is suggested that position size be reduced in half.)
If you wish to use the standard buy/sell distances you will have
larger profits if you gain, but have great likelihood of loss.
When one of the buy or sell orders is filled on
a currency pair, I cancel the other order. Any trade
not stopped out before Friday-- exit on Friday just
before 15:00 CST.
Very interesting site...I couldn't seem to find the specific order set ups? Is it just a 100 pip buy/sell order from Monday's opening with a 60 pip SL?
Unfortunately, I have no programming expe3rience. Here's the site I was referring to that uses a very similar system with great results, trading LIVE. You might also be interested. Infiniteyield Forex
The system is called first strike. If you could tell me how to amend your EA to work with this, that would be great.
