Fratelli EA's 313 replies
Fratelli trading system signal indicator 42 replies
Fratelli Improvements and upcoming projects 15 replies
System Test: Invictus V Fratelli 541 replies
DislikedHi,
Just a quick question, the buy and sell lines for the v1.3d indicator is based on the close price of the signal candle.
The rule from Peter is not so clear as to whether to use the close price or the above/below the body of the candle (this will depend on whether to use the open or close price)
Peter's rule:
Long:
When these happen we put a pending order long 4 pips above the body of the closed signal candle
Short:
When these happen put a pending order short 3 pips below the body off the closed signal candle
What...Ignored
DislikedTimeframe: 10 mins.
Indicators:
Fratelli mainv 1.3
BB MACD 12-26-10
MA in colour ema89
FPM I-ParamonWorkTime set to start at 07:10 end time 16:30 GMT
Period converter
Pair I tested: EURUSD, AUDUSD and EURJPY
There not GBP/XXX -COMPRANDEIgnored
DislikedHi,
Just a quick question, the buy and sell lines for the v1.3d indicator is based on the close price of the signal candle.
The rule from Peter is not so clear as to whether to use the close price or the above/below the body of the candle (this will depend on whether to use the open or close price)
Peter's rule:
Long:
When these happen we put a pending order long 4 pips above the body of the closed signal candle
Short:
When these happen put a pending order short 3 pips below the body off the closed signal candle
What are you guys...Ignored
DislikedMy understanding was that under the original trading rules we used body of candle, this was subsequently changed to high / low, reverting to original trade entry rules after some backtesting
Body of candle forms part of current trade trade entry rules
Hope that helps.Ignored
DislikedIt has nothing to do with Peter's strategy but I donīt like this short term resistence around 104.30 from the begining. Letīs wait and see.Ignored
DislikedThanks, but in first post fratelli write "I trade only: EURUSD, AUDUSD, and GBPUSD" http://www.forexfactory.com/showthread.php?t=325942
GBPUSD .... sl 15 and tp 15
Why do not trade GBPUSD?Ignored
Dislikedcan someone explain what does BE+1 means? I am pretty new. If possible please explain with picture. thanks.
chrisIgnored
DislikedPO = Pending Order
BE = Break Even
SL = Stop Loss
TP = Take ProfitIgnored
DislikedThanks
Can you explain with example numbers or entry? I am confused with BE and don't understand, sorry, I am history major.Ignored
DislikedNeed start read from page 1 and if you been on last page, THEN YOU WILL KNOW. Good reading!Ignored