Hi john, I am excited to hear about your testing on third strategy....looking forward to it....can I have the estimated month in which you would publish it...

Where is the version 3???

any one please explain it to me how is it work this strategy???

A variation of the strategy using a double martingale

This strategy is a bit different but is quite interesting as you still profit when you hit a stop loss! Using the below picture as an example, you would purchase 1 lot (indicated with B1) with the idea that it will rise. But you will also sell 1 lot (at S1, which is the same price as your buy price) at the same time, in case the price goes down. Then follow the diagram. When a martingale stops, the other one takes over. This strategy can earn pips during periods where price is ranging. As your winning transactions only require an additional lot to be put into play, it doesn't really make much of a difference in relation to the other martingale. There is always a risk for the first martingale during ranging periods (flat consolidation periods), but this risk is mitigated by the pips you are earning from the second martingale!

But if you start with larger position sizes they are also bound to be in range as order size does not matter to a rangebound market
....anyways...i m desperately waiting for third version...post it soonnnnnn plzzzzzzzzz

Thanks for the update John...Yeah test the strategy and then let us know the same