Hi all,
Hoping you could assist in the following strategy idea.
Indicators:
DMI/ADX Histogram
CCI Highlight
SAR
Logic:
BUY signal
As soon as DMI goes green (ie D+ crosses D-)
ADX is above trigger line
SAR is below price
In whichever order this occurs
OPen x positions
Stop Loss
x% of difference between SAR value and price or preset value
Take profit 1 at x% of stop loss or preset value. Close x positions. Move S/L to breakeven.
When SAR moves above B/E trail S/L with SAR.
Reverse for Sell signals.
Hope this makes sense.
Ross