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DislikedThanks for tip gg, I'll try it.
GG, I have tried the same scenario you showed here yesterday. I assumed that these trades were high risk trades, therefore I tried to strictly follow the rules and looked at those trades as twin trades (correlated). Please can you check if I'm good student. (What would you point out on these trades?)
Thank you,
KapyIgnored
Dislikedkapybara,
You are a good student, following everything to the letter !!
However, I would have enter those trades a bit sooner (ignoring the low volume) by considering the combined Gadi_OBV and Gadi_TickVolume TROUGHS as stronger signals than the weight of volume itself. I already mentioned the PEAKS and TROUGHS as a strong signals somewhere in this forum. But that's my experience talking...
All and all - you took a good, safe trade.
G.Ignored
DislikedGg,
Is this still best only for European session? Do u still avoid trading pairs involved in news events? If so what kind of window do u place around the news item?Ignored
DislikedHow do you decide when to exit trades, or what your take profit level is? I have a bad habit of letting a lot of my winners turn in to losers. It's almost as though I hope they keep moving favorably for me and don't stop, but obviously that doesn't happen.
I've tried trailing stops but sometimes they've let me down when I've had them too tight, and other times I've been burned with them being too big. Sometimes I use 5-8 pips, others 15 or more.
I know the indicators will tell me when something is turning, but there are times I can't be watching...Ignored
DislikedGadi_OBV updated to MTF version.
MTF version is Gadi_OBV_v1.4.
TF parameter = 0 [Current chart TF], 1, 5, 15, 30, 60, 240, ...
Please share your chart insights & ideas using it's MTF feature.
Enjoy.
G.Ignored
DislikedThankyou for all your help gg53. Any chance we could have an option to have more history on Gadi currencies so we can backtest?Ignored
DislikedI'm not building an EA lol. I'm not that advanced at all in Forex trading . I'm trying to figure out how to predict big moves using the 1 Hr timeframe because I find the 15 Min timeframe gives a lot signals and most don't result in big moves.
I think Gadi currencies is a real gem but I'd like to understand it a bit more.Ignored