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Simple adr method

saambasp

Member
hi all.,
ADR-average daily range
open daily timeframe to any chart ,attach atr[8]
for example if gbpusd atr[8] is 120 pips
in any time gbpusd drops 120pips from top .you buy there with tp 30 sl 60
same as gbpusd up 120 pips from down .you sell there with tp 30 and sl 60
.test this it will give more hope.you can use it to any pair.
remember we are going with 2:1 riskreward ratio.so use small risk to capital.suggest 0.1% risk to capital
in ranging months we can see 100% success .in trending months take positions along with trend is suggestable.
dont use it in big news day
 

geges

Member
Thanks saambasp

Thanks saambasp

So what your saying is...

IF ATR = X for previous day

AND price move X today (either way)

THEN place trade in opposite direction with 30 TP & 60 SL
at the time the previous day ATR is reached

Is this correct saambasp?
 

jvmgupta

Member
So what your saying is...

IF ATR = X for previous day

AND price move X today (either way)

THEN place trade in opposite direction with 30 TP & 60 SL
at the time the previous day ATR is reached

Is this correct saambasp?
yes you are right.i think saambasp will confirm it
i will add some more to this
if x=150[drop]
i start 0.05 buy from 110 remaining 0.05 buy at 140[if i want to buy 0.1]stoploss 150-60 tp your wish [probably 60,if you take devide buy]
 

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