its purpose to make this script is learning how many spread on each product.
its help trader and me to estimate spread of High and low for make a better trade
Money management :
Its also useful to help trader to manage number of lot to take a risk on that trade
How it work?
I use High and low to calculate the different between on them
and I add an EMA 10 and EMA 200 to estimate spread of each product in many bar
On second picture , I use it on GOLD 1H timeframe . You can see that Gold in hour trade on my country time (thailand) It has more spread on 19.00-23.00 pm (in US time is 7.00-11.00)
It help trader to set time when to trade and when to leave
thank you
Notes de version:
Version 2.0 release
I add another system >> Mean reversion system
It help trader to notice different between current price of product and EMA you choose.
It's useful to manage order and money management
thankyou
Version 2.0 release
I add another system >> Mean reversion system
It help trader to notice different between current price of product and EMA you choose.
It's useful to manage order and money management
thankyou