博南宁范围交易方法 (Bobnannings Range trading method)

OK, I'm opening this thread at the suggestion of NanningBob to cover range trading, on various currency pairs,
anyone who is in the dark about this should read the thread "trading the AUD/NZD successfully" also in the rookie section
please read it all the way through , as it goes through many metamorphoses, you might also want to read "100 x 80 EA oh boy"
otherwise following this will be like watching the third Star Wars film and saying "so who's this Darth Vader bloke then?" (you wouldn't want to look that stupid would you?)

now I may have opened this thread but it belongs firmly in the hands of nanningbob, this is his method and I am just a follower, so any questions you may have should be directed towards him.

so, to start the ball rolling I am posting my version of Bob's EA that uses ATR to form a buffer between the 40MA and the first trade ,it is set up for 5 digit brokers (Alpari)
the only new settings are;

ATRperiods and ATRmultiplier

ATRperiods is the no. of bars back to look and is set at 13 (adjustable)

ATRmultiplier is a factor to multiply the ATR by and is set at 6 (also adjustable)

with the EA settings as they are you could have traded GPB/USD all last year with no "death trade"

experiment & enjoy.

Steve.