EURUSD 15M. Already done for the day!!! image -Early today. Strong trend from start of new day, so used pending stop order. -Currency strength >= 0.5

DHR - Daily Half Range Strategy

Hi feichkop, please could I learn more about your approach to validate entry by other timeframe S/R and moving averages? Thank you.

DHR - Daily Half Range Strategy

EURUSD 15M. Done for the day. image The horizontal lines are zigzag hi lo points, just seeing if they add any value. The MAs used are 200, 100, 50 EMAs. However I prefer a less cluttered chart of the original idea / method

DHR - Daily Half Range Strategy

EURUSD slow day so far, no news today, slowly trying to recover some of the gain yesterday.... wait and see at present. Maybe a non-trading day as not really any momentum at present. No trade today.

DHR - Daily Half Range Strategy

Hi BfromG, Yes can use ATR(40) instead of the DHR ATR(10) H1. However I also use ATR(1) so I can see spikes in range. Level drawn at 0.0015, i.e. 15 pips If you look at the attached image you will see there are maybe only one or few candles that ...

DHR - Daily Half Range Strategy

EURUSD 15M. Done for the day. image

DHR - Daily Half Range Strategy

Hi feichkop, Thank you for the kind words and sharing how a trade is confirmed. Agree a secondary confirmation is required; I was naively hoping to avoid this. Still trying to figure out some solid filters to add to the rules. I will try your ...

DHR - Daily Half Range Strategy

EURUSD 15M. Done for the day. image -The touch of the sell line eariler had no strength. -Strength at buy line. -Price in a range for 3rd day. -Resistance met at yesterday low. -ATR H1 greater than 10

DHR - Daily Half Range Strategy

EURUSD 15M, slow day no trade so far as no strength.

DHR - Daily Half Range Strategy

As stated eariler, yesterday's low retested and passed below.

DHR - Daily Half Range Strategy

Sharp eyes! Wondering if anyone else was paying attention. Has been corrected in the next version. Taking time to include strength alert.

DHR - Daily Half Range Strategy

Post 1# updated with template and all current indicators as requested. This is the setup used by me. Sometimes add on 100 and 50 ema to help decide. Less is more on the chart. url

DHR - Daily Half Range Strategy

One of the potential filters: image Testing more in the background but takes time.........

DHR - Daily Half Range Strategy

The main issue, when price is at the buy / sell line is whether there is enough momentum to carry price over the 5 pip target line or not. This can be difficult to assess on some occassions; when the market is wandering slowly in a direction or ...

DHR - Daily Half Range Strategy

EURUSD 15M. Done for the day. image USD Strength Price below both MAs. Potential retest of yesterday's low. ATR(10) H1 increaseing a bit later....... image

DHR - Daily Half Range Strategy

EURUSD 15M: SL today, moved SL to 5 pips as price did not have enough momentum to reach TP. Done for today. Apologises no image as no access to computer.

DHR - Daily Half Range Strategy

Hi smartvin, I will add a template to post 1# in the next few days when time allows. Please be aware templates do not always load the same on different terminals. Currently trying to code alert for strength meter into DHR Line Indicator; but takes ...

DHR - Daily Half Range Strategy

EURUSD 15M. Done for the day. Have a great weekend. image Never trade the inital spike, too risky and spread too wide; going to get caught out. Wait for next candle see if there is a retest of the sell line.

DHR - Daily Half Range Strategy

Try MT4 Strategy Tester and look at tabs for errors. At the present time this is a manual method. The EA needs further work when time allows.

DHR - Daily Half Range Strategy

Thank you for the kind words. I realised yesterday this method may potentially have a role as a training aid; which was not my intention. It teaches patience, reading of the market, not to over trade, accepting some days are a write off / loss and ...

DHR - Daily Half Range Strategy