Iwe's Up-Down strategy

[white_tiger]

hi,

i just think a new strategy....

i can't describe it well, so i'll give the example

eurusd at 1.2000

-> hmm..... random the position..

buy 0,1 lot eurusd at 1.2000 no TP, no SL

case 1 : eurusd raises to 1.2030

-> closed 30 pips profit

case 2 : eurusd falls to 1.1970

-> open sell 0,2 eurusd at 1.1970, no TP, no SL

case 2a : eurusd falls to 1.1900

-> we have 2 position : 0,1 lot -100 pts position & 0,2 lot + 70 pts position ; close both of them, we get 40$ profit (assume 1pips=1$)

case 2b : eurusd raises back to 1.2000

-> open buy 0,3 lot eurusd at 1.2000, no TP, no SL

case 2b-1 : eurusd raises to 1.2100

-> we have 3 position :

0,1 lot eurusd, +100 pips = 100$

0,2 lot eurusd, -130 pips = -260$

0,3 lot eurusd, +100 pips = 300$

close all of them, we get 400-260 = 140$ profit

case 2b-2 : eurusd back to 1.1970

-> then open sell 0,4 lot eurusd at 1.1970, no tp, no sl

-> and follow the procedure

i haven't backtested it.

welcome to any suggestion, and i'll appreciate if someone do a backtest for my strategy

[white_tiger]

reserved for future

[taminghope]

We could try this for Entry Lines. Only in MT3 right now. maybe one hour charts?