Lazy Open Forex Trading
In the LazyTMA thread I and other members have posted some ideas related to daily open trading.
I think that for lazy traders is important to have statistical data for the intervals of trading grids.
Sure, the Gann ATR-fractions are a good tool and I just want to analyze the idea with the distances from Open to the Highs/Lows.
Here is an indicator “smLazyOpen BarRanges_v1.0”
with which these figures are calculated separately for rising and falling trends.
In further indicators, I will use the DoubleHull indicator, so that a possible analysis for the match of the fast and slow Hull average can be made.
I have read the ideas of Vegas Tunnel System.
On pages 8 and 9 you will find very good approaches, which I also used. Just as a warning: the calculation with the median and deviations I will program similar in the next time, and I’m curious if anything brings.
However, as far as the Vegas indicators are concerned, they are far from practical use, so I’m not surprised that nobody could succeed with the system.