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This looks really great. To put things into prospective, the following details are taken from my MetaTrader program for previous day data (03Aug07): High = 2.0460 Low = 2.0331 Open = 2.0366 Close = 2.0407 These figures may differ slightly depending on the broker. Now, after keying the above figures into the excel file I got the following signals: Buy stop 2.0419, TP 20, SL-40 Buy stop 2.0439, TP 60, SL-40 Sell stop 2.0379, TP-20, SL 40 Sell stop 2.0359, TP-60, SL 40 So, the next trading day I will have 4 limit orders in total. Is this correct or am I missing something??
.. that signal mean: Buy area at 2.0419 to 2.0439 with SL -40 and TP 20 to 60 (or use trailling stop every 20 pips with no TP). And sell area at 2.0379 to 2.0359. If touch one area close other order. Don't cut loss if price not touch SL. Next day u can open new order with new signal and close profit from the signal day before. (I'm sorry for poor english)