Hi Guys,
One question about the strategy, on the re-entry after a candle close, what is the stop loss?
Thanks
One question about the strategy, on the re-entry after a candle close, what is the stop loss?
Thanks
1
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Disliked{quote} nice one ! and nothing wrong with it as long as you're profiting from it i will take a deep look into it later. and if i liked it , i will create a free EA for you (as a Gift) green pips for allIgnored
Disliked{quote} you would still put re-entries on every opposite candle (with the lower price) and enter the trade when the when SMA would cross the candle, like you would with Dreamliner's idea?Ignored
DislikedHi Guys, One question about the strategy, on the re-entry after a candle close, what is the stop loss? ThanksIgnored
Disliked{quote} Hello! What settings do you use for the NLD, please? I use the H4 TF.Ignored
Dislikedi see the members participating in this style of tradeing are obviously big account holders and this method would not suit people with small accounts ,i trade live and have 1100 dollars held in margin for every trade i place so if i have 5 trades placed during the couse of the trend i would have $5500.00 held in margin which would make the trade untenable for me as the risk would be far to highIgnored
Disliked{quote} Actually, my proof of concept account is only $1,000 and it handled this method just fine at .01 Lots per trade across 15 different pairs on both the H4 and Daily time frames for the last two plus weeks. GREEN pips to you Good Sir.Ignored
Disliked{quote} I use the default settings. GREEN pips to you my friend.Ignored
Dislikedhi all i am using the daily chart only. Yes that was the current open p/l when posted. What i was thinking of implementing and have started today doing, is closing half the trade at 1000 points (100 pips). I have a stop on the first trade only at a safe level but haven't been placing stops on secondary trades. I think what i may do is if trend starts getting extended maybe setting be to all trades. I have put a psar on the charts and am looking to see if it would work to stop placing trades or closing all trades if price starts hitting the dots....Ignored
Disliked{quote} A couple of questions come to mind. Why did you choose the 12 Hour time frame as opposed to a Daily or 4 Hour time frame?Ignored
Disliked{quote} Hi SmoothTrader! Thank you for your hints! I'm using 12h because it swings nicely and cTrader webversion has it. Mostly I preffer 8h chart because it fits to my daily schedule. How you trade the NLD, when it is repainting? With Regards, SPIgnored