A new idea to adjust the conditions for opening new deals by (Stochastic)
I think that the best setting for the signal indicator and the opening conditions (stochastic) is as follows
1 - The first Trade is opened when the indicator reaches the opening Conditions(as usual), but without a pending Tread
2 - The second trade in the same direction is not opened unless the stochastic indicator reaches the opening Conditions in the same direction again.
3 - Very important, but despite point No. 2, there should be a distance of about 21 points. In any case
(I think this is the best way to open the new trade in the same direction again ) and we don't just rely on the old method (15 fixed pips) without re-confirmation from the indicator (this was a mistake)
ini File
set file
Can we use use only Stochastic indicator to buy and sell signal? i tried it on CP observed that the it always open both buy and sell signal after first trigger. I understand since there is no reset for the signal once generated through Stochastic. please guide
What signal do you want to use? Show me the points with buy and sell signals on your chart