anyone using this system for long time could be post the profitability of the system in term of medium R/R, ROE, etc. etc.?
many thanks in advance
many thanks in advance
Don't give up
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DislikedSure, the first one has daily pivots and camarilla points. The second indicator, I deselect the daily pivots, as those are already covered by the first indicator, and just use it for weekly and monthly.Ignored
Dislikedwould you explain the use of the indicators referring on this system, please?
many thanksIgnored
DislikedOne of the drawbacks of being your own boss is that you can't fire yourself for sleeping on the job.Ignored
Well, I don't know if it works on live, or if it's relevant but on paper it looks not bad. Can I have opinions from live traders on this method ?
My idea is to automatize by a script the close, but it's still up to the trader to choose when to open the position (I'm still working on for automatize opens but it's way more complicated).
Best Regards,
Walcott
DislikedI would like your advices guys about a script for leaving the position.
Tony suggest TP120, well it takes advantage of the morning usual trend.
I thought It'll be interesting to take our profits this way :
You have a 0,9 lot position (has to be a multiple of 3)
-Set the stop loss at BE when price is +8pips
-Set a TP (at around 20/30 pips, depends) and sell 0,6 lot (2/3 of the position) when hit
-When TP is hit, set a trailing stop for the rest (0,3 lot, 1/3 of the position). [i]If you want you can even program a trailing...Ignored
QuoteDislikedIs this strategy really profitable?
DislikedJust because some stupid script (I hate this stuff in association with forex. I'm a coder myself) isn't able to make profit out of this strategy does not mean that it isn't profitable if you use it discretionary.Ignored