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lbo4 (this is formerly lbo3 which have the potential with the LOndon Break Out)
Modification for the better will be on lbo4 thou if did not see any improvement will revert to lbo3
Check thats no trade or PO around
Open Pending orders both side BS at 10.03 broker and 4.03pm MY time.
PO Paras
25 orders to place
Start price from daily candle high for Buy at time of execution
Base price offset is -5
Grid size is 5
Fixed Volume at 1 Lot
Stop Loss at mid of H/L of daily high
TP at 50 pips
Gradation settings at 90% volume size
TS follow TP
TS 10 pips
Tst at 5pips
Start immidiate
BE at 10 pips
Close trades and POs at 23:55 (5 mins before day is over)
Optional button to execute manually
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Modification
Orders change back to 25
Grid size to 5
TP remains at 50
SL remains mid of high and lows
BE set at 10
TS at 10 now following TP and not SL (i think i got a better picture now)
TStep is 5
Trailing start immidiate
When there is 10 pips profit in hand, SL will go to start point (BE)
Now everytime Pips is obtain the SL will move by 5 pips step meaning that the first move when it touched 15pips profit.
In a way even when the grid is reduced to 5 and increase to 25 the TP is still at 10 pips. Allahualam
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Modified the robot today. Now it dont have any target profits. However the grid still stands now at 10 pips. The number of POs reduced from 25 to 12 only.
TP is initially set to 50pips. But with the TS and BE in placed this is OK.
Also the SL (set at mid of todays High and Low) are set to change when the BE and TS is activated.