For a while, I have been considering coding an EA or PIN to trade the Monday GAP Open. The basic principle is a simple one: look for a significant gap between the Friday closing price and the Monday opening price, and assume that the price will retrace a few pips. Then at the beginning of (more…)
To get reliable results from a signal and to protect your money, you need to configure the copier properly. The settings you choose will affect, amongst other things, the size of the trades on your account. DO NOT ASSUME that the default settings offered up by the copier platform are the best!