Disliked{quote} Then why don't you answer yourself your own question by doing the 6 months testing ?Ignored
But as I said before, sorry for asking.
D.
"Nihilist HolyGrail" EA 30 replies
Custom Indicators vs. Technical Indicators 6 replies
Nihilist trading 26 replies
Lagging Indicators -vs- Leading Indicators 48 replies
Disliked{quote} Then why don't you answer yourself your own question by doing the 6 months testing ?Ignored
Disliked{quote} Then why don't you answer yourself your own question by doing the 6 months testing ?Ignored
Disliked{quote} EUR/USD D1 Hi Indrek, I read the first post from Nihilist and he recommends using H4 and above. Can't say I've even looked below D1. Depends on the time you have to trade, I would rather check my charts at the End of Day (EOD) and take the appropriate action once a day, 15 minutes max. The shorter the TF people trade the more time required for house keeping. The shorter the TF people trade the less the returns in terms of your time per pip returned. {image}Ignored
Disliked{quote} I don't really agree with this trading philosophy. You can maximize your pips while lowering your SL and exposure to draw down trading the hourly chart. It's all about risk/reward isn't it? Trade hourly in direction of the HTF trend is as basic as you can get.Ignored
Disliked{quote} I don't really agree with this trading philosophy. You can maximize your pips while lowering your SL and exposure to draw down trading the hourly chart. It's all about risk/reward isn't it? Trade hourly in direction of the HTF trend is as basic as you can get.Ignored
Disliked{quote} Yes, that approach is totally wrong. What is relevant is how much money we earn, not how many pips we make. We can make the same result with 10 pip profit when trading 10 lots per trade than with 100 pip profit when trading 1 lot. So, counting time per pip says absolutely nothing. And if counting time, we should take into account also the time of market exposure not only time that we spend with charts.Ignored
Disliked{quote} Hi MKFXTrader, I haven't got the free time to trade anything below D1. I've found trading in the direction of the prevailing trend after a pullback to be the most efficient way to trade for me.Ignored
Disliked{quote} I'm not even bringing up the subject of lot size per my statement above. Trading off the hourly TF one can earn the same amount if not more then someone trading off the HTF in term of pips. I personally set my TP target the same as if I were trading on higher TF (4hr TF/Daily). Trading on the hourly allows me to maximize the movement of the pair intraday. It allows me to exit at the extremes of PA movement and re enter on a continuation after retrace with limited drawdown. This style allows me to lock in my pips without exposing myself to...Ignored
Disliked{quote} I'm not even bringing up the subject of lot size per my statement above. Trading off the hourly TF one can earn the same amount if not more then someone trading off the HTF in term of pips. I personally set my TP target the same as if I were trading on higher TF (4hr TF/Daily). Trading on the hourly allows me to maximize the movement of the pair intraday. It allows me to exit at the extremes of PA movement and re enter on a continuation after retrace with limited drawdown. This style allows me to lock in my pips without exposing myself to...Ignored
Disliked{quote} I'm not even bringing up the subject of lot size per my statement above. Trading off the hourly TF one can earn the same amount if not more then someone trading off the HTF in term of pips. I personally set my TP target the same as if I were trading on higher TF (4hr TF/Daily). Trading on the hourly allows me to maximize the movement of the pair intraday. It allows me to exit at the extremes of PA movement and re enter on a continuation after retrace with limited drawdown. This style allows me to lock in my pips without exposing myself to...Ignored
DislikedNihilist - Could you explain how you have modified the apb bars indicator? Is it only a change of settings that differs from the original or another modification of the indicator.Ignored
Disliked{quote} Then why don't you answer yourself your own question by doing the 6 months testing ?Ignored
Disliked{quote} Hi Piprocket, Nihilist doesn't recommend trading this below H4. {image}Ignored
Disliked{quote} Dhruba is in the Nihilist_3.zip ... found through the paperclip.Ignored
DislikedI have loaded the ADX mtf on 2 different accounts and with the same broker and same pair, this is the result I got from the ADX, the last 2 left columns is different from each other . Anyone knows what's going on? Thank you {image}Ignored
Disliked{quote} I usually do not take entry signals that are close to a strong support or resistance zone. Nothing more.Ignored
Disliked{quote} Take those signal which are come from strong suuport resistant zone and ignore signal from weak support resistant zone.Am i right? Another question,have you any re entry system?Ignored