20pips daily - page 2
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Ok I will post the rules soon. Will post here and on my website.
I will let you know.
Welcome to My Fx Report - Live Forex Tradinghttps://www.mql5.com/en/forum/175972
I sent this yesterday to the author of 20pipdaily, but have not received a reply yet. Can anyone who is this system correctly help?
'For your 20pipdaily system we use the London time.
At this moment the London time is 23:00 and its sunday 21st October 2007.
Fridays (19th October 2007) figures are (my broker is Interbank FX):
High: 20523
Close:20534
Low: 20406
The Pivot value is: (20523+20534+20406)/3= 20487
Buy A=20487 +21 = 20508
Buy B=20508 +20= 20528
Sell A=20487 -21= 20466
Sell B=20466-20=20446
The close price is 20534, which is greater than the pivot (20487). Therefore we will only place buy orders. Do we place buy orders at 6AM London time?
Which price do we place the buystop order at, is it Buy A or Buy B? When do these pending orders expires?
Thank you.'can anyone help?