Range Trader (By dlewisfl)
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Range Trader Discussion
Member Since Apr 05, 2010
49 posts
Apr 08, 2010 at 03:14
(edited Apr 08, 2010 at 03:26)
Member Since Jan 28, 2010
19 posts
vishalrajguru posted:
Can we know how dose this work???
Nothing earth shattering. It opens trades off a certain # of a candle range at a certain time of day. It TPs half the position at a certain level and let's the other half ride the trend. All open trades are closed at a certain time of day. There are two other versions in development, one that scales out of position in thirds instead of halves, and one that does not scale out at all. It's meant for cable and fiber, it's also running loony on this demo account even though it's not meant for that.
Keep in mind I'm running a pretty large risk here - would not run this high on live account myself.
dlewisfl@
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