Range Trader (by dlewisfl) Quick Stats
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Range Trader Discussion
moneybotfx

Member Since Sep 14, 2009  87 posts Join and Enjoy Thousands of Effort Free Pips (moneybotfx) Mar 27 2010 at 20:19
Hello, Very good results for Auto Trading. Which EA is this?

Wise discuss Ideas, Average comment on events, Silly gossip Others
dlewisfl

Member Since Jan 28, 2010  18 posts Dan Lewis (dlewisfl) Mar 31 2010 at 12:06
It's someone else's homegrown EA I'm testing, still under development.

Chip4Pips

Member Since Aug 28, 2009  10 posts Chip4Pips Apr 06 2010 at 04:44
This one looks likes it could be a stud.

vishalrajguru

Member Since Apr 05, 2010  49 posts vishalrajguru Apr 06 2010 at 05:44
Can we know how dose this work???

Make $$$
dlewisfl

Member Since Jan 28, 2010  18 posts Dan Lewis (dlewisfl) Apr 08 2010 at 03:14 (edited Apr 08 2010 at 03:26 )
vishalrajguru posted:
    Can we know how dose this work???


Nothing earth shattering. It opens trades off a certain # of a candle range at a certain time of day. It TPs half the position at a certain level and let's the other half ride the trend. All open trades are closed at a certain time of day. There are two other versions in development, one that scales out of position in thirds instead of halves, and one that does not scale out at all. It's meant for cable and fiber, it's also running loony on this demo account even though it's not meant for that.

Keep in mind I'm running a pretty large risk here - would not run this high on live account myself.

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