So quiet here.
Is anyone out there that still uses Rhythm v2? I am backtesting and forward testing this EA.
Is anyone out there that still uses Rhythm v2? I am backtesting and forward testing this EA.
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Dislikedmorse, it will work for whatever timeframe you use. However, allow me to explain the theory behind this particular system. swingtrade, this applies to you too.
I'm trading the markets with the understanding that the price will move SOMEWHERE over the course of a day. That's why I chose GBPJPY, it has the highest daily volatility that I know of, with a reasonable spread.
Those 40 pip stops are not really just stop losses, but stop-and-reverse orders. That means that if the market moves against me by 40 pips, to me that looks like it will be...Ignored