I adapted two successeful strategies: chop & vdub FX Sniper v3.
Features: very smart stop losses. Repaints are minimal (if any?). I have good feeling for using this strategy @ realtime. try 5m, 1h. Very impressive for SPX500, US30... and GER30 !!
Uses VDAX (dax volatility index) to calculate the expected daily range of the Dax.
Input the dax previous days close
This value: www.investing.com
The indicator will do the rest
It is my first own script based on my own thoughts.
This works without repainting because it uses only price action: open & close.
Play with offset/offset_to close to find out better weights for your playing style.
Try GER30 in 5min with 6.36/2.54 or 1 Min 3.46/0.14.
Works very well with JPN225, US30, S&P. For USOIL-> 0.0201/0.001 try:)
Enjoy the script!