SAR 2-4

Post your new strategies, discoveries or just ideas for development

SAR 2-4

Postby Ben » Tue Jul 13, 2010 8:59 am

Hello i am just new here and want to show my strategie.

SETUP

I pefer the candlestick chart.
Indicator 1: SAR(0.02,02)
Indicator 2: SAR(0.04,02)
Timeframe. 1d, 3h, 1h.
Pair: every pair. Lower spread is better. ;)

I use the 1d timeframe. Every morning i set up my orders. If both dots above the current rate i send a stop buy order to my broker. Buy at Indicator 2 and TP at indicator 1. If both dot below the rate, then i send a stop sell order. validation of this oder 1d.

Normaly the indicator 2 is more near to the rate then indicator 1. If it not the case., i send not oder.

OK now to SL. Here i am not so sure. At the moment i set it to 25 pipes.

If an order is running. Every morning i set the TP to the new indicator 1 value. I dont change the SL.
I think this strategie is also good for scalping. The TP will be only 5 pipes or like that. You will hit that 90%

Ben
Ben
 
Posts: 1
Joined: Tue Jul 13, 2010 8:34 am

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