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DislikedHi Dreamliner,
I saw on the doc you posted a screenshot with alerts editor.
Is this a alert editor when price comes to a certain price you put in if so it would be nice if you can share it it would help me in my trading.
Thanks Ingmar..Ignored
DislikedThe screenshot does not, but the trading plan does. Did you read the trading system?
I don't know where I would have lost, as those trades were done through backtesting, not live trading, as mentioned in my explanation posts.
This is why I have posted this system on here, to take a trading method that seems profitable through backtesting, trade it live, and see what results we get. I also wanted comments from other traders.
P.S. No need to post twice.Ignored
DislikedLet's say current bar reached lower than previous bar. As long as you don't know whether the next bar is going up or down, how do you know to go Long or Short when the current bar is closed?Ignored
DislikedLet's say current bar reached lower than previous bar. As long as you don't know whether the next bar is going up or down, how do you know to go Long or Short when the current bar is closed?Ignored
Dislikedhi i think at the close of the bar you would be out with tp if it didnt hit sl in a trend you would go in direction and in a range you go opposite of last bar directionIgnored
DislikedIf the current bar reached 10 pips lower than the open, I place a pending Buy order at the open. If the market climbs up to take the pending order, backtesting shows that the majority of the time it will continue the trend and close up.
Again I say "backtesting shows" because I have not traded this live, except for one profitable trade this morning.Ignored
DislikedI am confused, though I read your rules more than twice.
Please upload a chart picture showing the "current bar", "Open" (of which bar?),
how should look the "previous bar" regarding the current bar.Ignored
DislikedMy friend, you are really confused, and need a picture, showing the "Current Bar Open?" OK, attached is a picture of the current bar open.
All you are concerned with is the current bar. After it opens, set your alert for 10 pips above the open and 10 pips below the open. If it reaches 10 pips above the open, set a pending sell order at the open. If it reaches 10 pips below the open, set a pending buy order at the open.Ignored
DislikedTo make it clear:
When bar is opened, you wait to see if it goes 10 pips above its Open price or below it.
If it goes 10 pips up, you place a sell stop order at the Open price for 20 pips Take Profit.
If it goes 10 pips down, you place a buy stop order at the Open price for 20 pips Take Profit.
Stop Loss = 10 pips.
Right?Ignored
DislikedNow, what about the previous bar(s)?
I see in the system rules some references about it.Ignored