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Targeting ADR

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Jul 28, 2013 07:05 pm
ironical User

Posts: 734
Member since: 22/04/2011

I have used ATR which, I think, is better than ADR. ADR doesnt add gaps which is an essential part when calculating trading range.

Just to participate in debate --> I think ADR "IS" playing an important role in above strategy. A higher ATR means more movement which means increase in SL and TP. 

The good or ill of a man lies within his own will. – Epictetus

Jul 29, 2013 07:58 pm
Champ User

Posts: 711
Member since: 17/05/2011

This system is very similar to "midnight system" posted by me except that there was no ADR in that system. So I think ADR is a good addition.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

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