RinoStoof

Beginner at this really but spent a number of months writing a VB program (I am a programmer) that uses the fxcm platform to do auto trading. It used the noise. Small trades (5-20 pips). It kept a trend over 3 minmutes, 3 hours and 3 days. It kept the range of the movement and when that was more than 25, the price was say 15 pips below median and the trade will go in the direction of trend (all 3 had to line up) I would put a pending trade in 3 pips above the current price. If the price went lower I would folloow it down keeping a 5 pip distance so that when it turned I would be as closse to the bottom of the swing as possible. Once my target was reached I would put in a trailing stop in case there would be one of those rocket launches. If there was one of those I would stop trading that pair (it did 12) and wait for an hour to get some sort of reliable averge again. Was about 50% succesfull but lost because of the spread. I gave up in disgust but recently my interest got rekindled.

Sailing, music, my wife 🙂