Forexhard & some seniors.
Can someone post the best settings for ATRperiod & ATRfactor for following pairs for us novices please ?? We are using M15 charts.
EURUSD
GBPUSD
USDCHF
EURCHF
AUDUSD
NZDUSD
USDCAD
EURGBP
Your experience and knowledge with forex trading is tremendous & your work and sharing is really appreciated.
This is just so us newbies do not get lost trying to change & tinker the settings and find different boxes that may be completely against the original system
I tried ATRperiod of 150 & factor 0.2 on EURUSD on my live ECN account and I got 21 boxes (3.0 per week), with each box approx 31pips in height. I also changed min bars closed outside to 1. I would need senior's blessings to approve if such settings are approved for live trading.
I still seem to be lost with the STOPLOSS, I did ask it earlier in the thread as well. What is recommended stoploss.
Thanks in advance for your help.
Can someone post the best settings for ATRperiod & ATRfactor for following pairs for us novices please ?? We are using M15 charts.
EURUSD
GBPUSD
USDCHF
EURCHF
AUDUSD
NZDUSD
USDCAD
EURGBP
Your experience and knowledge with forex trading is tremendous & your work and sharing is really appreciated.
This is just so us newbies do not get lost trying to change & tinker the settings and find different boxes that may be completely against the original system
I tried ATRperiod of 150 & factor 0.2 on EURUSD on my live ECN account and I got 21 boxes (3.0 per week), with each box approx 31pips in height. I also changed min bars closed outside to 1. I would need senior's blessings to approve if such settings are approved for live trading.
I still seem to be lost with the STOPLOSS, I did ask it earlier in the thread as well. What is recommended stoploss.
Thanks in advance for your help.
DislikedThanks for the advise mer....
You have 3.3 per week at 28p.....i got 3.4 per week at 33p..... your box tighter than me.....
But i don't use trailing stop anymore on this system....i prefer looking for 1:1 R/R to set the only one TP as i realise this system could be 90% accurate for 30-50 pips TP per breakout as my observation so far....on the last two months on GU.....Not looking for many pips that we can reach but looking for taking history to my set that comfort me now to trade before take advance to another setting....
Note : Oh ya for my setting...Ignored
If you want your dreams to come true, you better wake up !!!