Mastering Discipline in Trading: A Key to Success

Mike 2008.10.21 18:37 44 0 0
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Let’s talk about discipline in trading—it’s not just a buzzword, folks. Sure, there might be a few inaccuracies in your strategy, but those should only make up about 10% of the whole picture.

Input Parameters:

externint period=10;externint price=0;// 0 or other = (H+L)/2
                    // 1 = Open
                    // 2 = Close
                    // 3 = High
                    // 4 = Low
                    // 5 = (H+L+C)/3
                    // 6 = (O+C+H+L)/4
                    // 7 = (O+C)/2externbool Mode_Fast=false;externbool Signals  =true;


Discipline

The indicator has been tested across various settings:

  • - Timeframes: M15, H1, H4, Daily;
  • - Currency pairs: EUR/USD, GBP/USD, USD/CHF, USD/JPY;

For more insights from the author about this indicator, check it out here.

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