DislikedHi, just want to remind that you should set your own stoploss, just change the setting of initialstoploss, all the trade stoploss is initialstoploss + pip for last order. Hope this helps...Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
What I have learned trading & How I developed my system 6 replies
Developed This System, Glitches 0 replies
Did I just create my own very simple system? 25 replies
Indicators & EA's vs own system 8 replies
Creating Your Own Trading System : A View From the Outside In 0 replies
DislikedHi, just want to remind that you should set your own stoploss, just change the setting of initialstoploss, all the trade stoploss is initialstoploss + pip for last order. Hope this helps...Ignored
DislikedYast, your default setting for stoploss is 1000, if I just made 500 from my last trade will my stoploss now be 1500? Not sure what initalstoploss + pip for last order means?Ignored
DislikedHi, I don't see a valid sell signal there, the candle average was still at the lower half when price took the solid blue line. You need it at +0.81 for a short to be executed.Ignored
DislikedHi, I don't see a valid sell signal there, the candle average was still at the lower half when price took the solid blue line. You need it at +0.81 for a short to be executed.Ignored
DislikedHi Folks !
The only thing I can add here is the fact that martingale works !
I'm doing quite well ;-))
The key is to handle probabilities in trading.
High probability being right => High leverage trades
This requires patience, patience, patience.....
(Like a lion who is lying under the tree for hours waiting for his meal.....)
I couldn't tell you more because I'm involved in trading for a major
trading firm in London where I trade my own funds and bigger customer funds.
Study well this thread and you will find the secret...
Good luck to...Ignored
DislikedExactly!
I have been using the EA, with adjusted settings on small TF. The win rate is over 65%, so if you think about it in terms of probabilities your onto a winner. You just need to limit your losses, but not try ang get too much on your winners, as this effects the win rate. Mess about with the EA, and you will find it works a treat. You can see on the charts that the signals are good, so you need to use the martingdale to reduce the losses that do occurIgnored
DislikedHi Shinny, what time frame do you use and what is the stop loss and TP you use? Did you use this on the oan template or one of the others?
RegardsIgnored
QuoteDislikedYou get the occassional big hit, but never too bad (11-19% at very very worst).
DislikedHi Folks !
The only thing I can add here is the fact that martingale works !
I'm doing quite well ;-))
The key is to handle probabilities in trading.
High probability being right => High leverage trades
This requires patience, patience, patience.....
(Like a lion who is lying under the tree for hours waiting for his meal.....)
I couldn't tell you more because I'm involved in trading for a major
trading firm in London where I trade my own funds and bigger customer funds.
Study well this thread and you will find the secret
Good luck to all...Ignored
DislikedExactly!
I have been using the EA, with adjusted settings on small TF. The win rate is over 65%, so if you think about it in terms of probabilities your onto a winner. You just need to limit your losses, but not try ang get too much on your winners, as this effects the win rate. Mess about with the EA, and you will find it works a treat. You can see on the charts that the signals are good, so you need to use the martingdale to reduce the losses that do occur.
High probability is the key.
Regards
shinnyIgnored
DislikedI don't mean to be a party pooper, especially on my very first post in this great forum, and I'd like to compliment Oan for his great contribution and his generosity...
Im just curious; are you guys not at all concerned about the martingale aspect of this system? I mean, I know you can't compare forex to gambling, but if you play roulette you can play for hours maybe days getting by, but it's written in the stars that you'll lose your shirt if you continue long enough...
Im just curious what you guys think cause I want to be just as rich as...Ignored
DislikedHello everyone,
Oan, I starting reading your thread when you first opened it. I then went away and just came back today. It seems like so many changes have been made by you and others. Which system are you using now (is it the one in post 1?). And what are the exact rules and time frames do u use, I know some people open at dotted line others at solid lines? can u tell me which post to look at? Also, is there an EA for your system, if so which post please? I feel embarrased to ask so many questions because Im just a starnger to you, i would be really...Ignored
DislikedDear Oan
Attached some photo's , you can see they hit the blue think line (1HR) and went more and higher about 60-70 pips , if some one took sell he lost and could have S/L on and out of the trade .
Any comment from you or any one else ?
Beside i asked before about the Center of gravity setting , Obama works with me with one broker and jamp with the others, i want to build it up the template again without the timer ...
RegardsIgnored
DislikedHi Folks !
The only thing I can add here is the fact that martingale works !
I'm doing quite well ;-))
The key is to handle probabilities in trading.
High probability being right => High leverage trades
This requires patience, patience, patience.....
(Like a lion who is lying under the tree for hours waiting for his meal.....)
I couldn't tell you more because I'm involved in trading for a major
trading firm in London where I trade my own funds and bigger customer funds.
Study well this thread and you will find the secret...
Good luck to...Ignored