hope you are having a great festive season
TraderJoeForex » Sat Dec 19, 2015 9:25 pm wrote:... got a demo account free on VPS now so thought I would setup a test for HGBnG with Grid, SL and TP based on ATR since this approach is working well for me on my own Hurst based grid system live.
I will be using D1 for signals . Grid will be stop and limit orders (no hedging) giving a total of up to 8 positions 1 x H1 ATR apart for each signal.
SL and TP will be 10 x H1 ATR. As an example this is 120pips on EURGBP and 520pips on GBPAUD.
Risk will be 1% per position and upto 8% per trade ..which will be fun(wouldn't choose this much live but it's a 5k demo account I'm using so hey it will have to do for now until I see how many signals come each week on D1).
I've attached a set file for the 21 pairs I will be testing if anyone is interested in the ATR values (1000 periods)