让我们看看价格上涨的地方 (let's go where the price goes)

hello, all!

i want to share with you a idea of tradind, it isn´t new and it isn´t mine.

the idea is to go with the price where he wants to go and to add positions with the trend

only price based system, no indicators, no timeframes

see the image:



the idea is to open many pending orders, buystops above the price and sellstops below, the distance between the order can be 20,30,40 or whatever number of pips that you want.

everytime that one pending order is reached we open two new pending orders buy stop above and sell stop below.

there isn´t a predetermined take profit, the stop loss is the distance between the pending orders.

everytime price reaches a new level we put the previous order at break even, every pending order has his own break even, not the break even of the last level for all the orders.

money management is the most important, with this system we can have up to 100 open orders and acumulate a lot of little losses.

the exit can be in a x number of pips, a x% of the account or simple when you think that it´s enoght for you.