I took away all CAD. They move more sideways than up and down. Pinched more than half of my profit one hour ago.
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QuoteDislikedI took away all CAD. They move more sideways than up and down. Pinched more than half of my profit one hour ago.
DislikedWhats interesting to note is that because I am naturally slower with my manual method , I tend to be getting bigger profits on them sometimes
Whereas the bot triggers at 80 , if I dont have squalou's ea on line ; by the time I have it set up its is at a peak maybe I suppose
Also as squalou points out on the other thread spikes are not shown on the Stoch , for example I have GBPAUD GBPCHF open but the stoch does not show at anytime near to 80 %
Good idea re taking out certain currenciesIgnored
DislikedI have 20
I took away all CAD. They move more sideways than up and down. Pinched more than half of my profit one hour ago.Ignored
DislikedE2U
How are your trades panning out at 20 , and are you using 80 as a trigger or higherIgnored
DislikedFor what its worth I have to agree with scooby-doo.
I suspect when the markets are moving as they are at the moment people will make steady and small profits but then the pairs will re-align themselves and all the previous profits will be blown in one go.
Meanwhile, be lucky........cos that's what you need to be......Ignored
DislikedI have written some indicators for this system, but I have not necessarily endorsed it...Ignored
DislikedYour are correct SIR with regard to testing. One thing I have realized during the short time I have been doing forex is like most other skills, there is no substitute for EXPERIENCE. Reading books, articles, forums, seminars, courses they all help (because you are absorbing the fruits of other people`s experience). But at the end of the day nothing replaces what the retail traders call "Screen Time".That is why I highly value the opinion of people like Macman, steve, Bob and your good self to name a few.
Scoobs is in a different league and we...Ignored
DislikedThere is an interesting post by ES Trader
Maybe we could incoporate that sort of strategy within the bot
http://www.forexfactory.com/showpost...postcount=2051
TaIgnored
DislikedAll I am saying is if anyone has some information about it like a study or anything like that I think that would be very helpful. Otherwise, the only thing that I can see to do is to test with stops in place to prevent a large loss.
I am not questioning anyone's knowledge, I just want to know what their opinion is based on. I am still very much up in the air on this method and would appreciate the info if it is out there. Would save me a lot of time programming.Ignored
DislikedA kind of Recovery for GH. I read ES Trader's post but did not see the significance at the time.
ES trader is another terrific thinker, so we shall give this a whirl. Not immediately because I am not at home tomorrow, but perhaps on Thursday.
In the meantime, perhaps a few of you guys might like to experiment with entry at 90+ and see if it makes a difference.
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DislikedMy findings so far are that opening stoch diff at 90 or even 95, and closing at near-0 gives better results.
We must not forget that a stoch diff of...Ignored