Dislikedabout your stop loss strategy... could it in some way use the other side of the river as SL ? and use 50 pip if river is father that 50 pips?Ignored
PT
Zone Breakout Method
River oscillator indicator 2 replies
Searching for a EMA/Envelope (river) cross-over Alert 5 replies
River Theory Trades 135 replies
GBPJPY River Theory 14 replies
Dislikedabout your stop loss strategy... could it in some way use the other side of the river as SL ? and use 50 pip if river is father that 50 pips?Ignored
DislikedPT
I have the ea Riverrat LWMA by Bo_Bokus, I run it on a 1hr chart and I have it set on 4 pairs so far its going reasonably well as Iam unable to login to your new site can you tell me if this ea is the latest and am I right to run it on 1hr...
I ask as your manual versions run off 15 min and 4hr charts and it seems odd to run the ea off a 1hr..
Is there any updates?
GlennIgnored
DislikedI'm impressed with what I've seen so far on this method.
I do notice that the discussion on the video does focus around very profitable trades rather than areas where price action is "swimming" in and very close to the river...
This currency is a good one and I've found statistically you can make more money on this compared to all the others.
I personally hate performing manual trades because I'm too emotional and can't be trusted to follow rules - all the time.
I'm developing an EA now but I was wondering if anyone had done this already and had results over a decent period of time.
Thanks,
jamesin.Ignored
DislikedYou are correct, the video does center around the better trades. I think if you filter trades by time of day, you can make your EA a winner. I would suggest that no trades are entered until open of European markets and trades do not open after 18:00 GMT.
PTIgnored
DislikedJamesin,
I'm a little confused exactly what we are looking at. The statistics are easy enough to follow, but what about the predictions?
Are those the backtests of the River Trade over the last few months? Whatever they are, they sure look good.
A bad month might give you breakeven, but the good months make it worthwhile. What can you tell use?Ignored