Look Left Trade Right
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,011 Posts
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
Top 100 best Trading Systems: post good Trading Systems here 48 replies
Are the best systems also the systems that fail most spectacularly? 55 replies
Nonsense of sharing automated systems/EA for different brokers 0 replies
Systems, Systems and Systems... 1 reply
Sharing my systems 158 replies
Disliked3 targets drawn & the 3rd about to be hit. Doesn't get any simpler. AND. Only 1 simple indicator in sight. Trading a retrace against the trend to boot. {image}Ignored
Disliked{quote} The blue lines are the "HalfTrend" indicator. The rest are hand drawn.Ignored
Disliked{quote} I have changed another indicator to show 3 circular pairs behaviour compared to look back period. I believe it gives interesting insights: {image} The first indicator shows how much money to be made or lost using eurusd, eurgbp, gbpusd, using weighted lots (second indicator shows the weights). Default calculation of the first indicator is (using the second indicator weights: Buy EURUSD Sell EURGBP Sell GBPUSD (balanced circular logic) So when the first indicator is below 0, you are supposed to Buy EURUSD Sell EURGBP Sell GBPUSD When the...Ignored
DislikedA strategy with mix of hedging and martingale. I believe there are thousands of strategy out there that can tell you when to open a trade. The challenge is where do you put your stop loss and take profit? Most Traders lose because they have a very tight stop loss and a lot always missed the chance to exit before the market start reversing. So I believe if we can solve the SL and TP problem then we are on the right track. Here's the Solution: No Stop loss Use Hedging Use Martingale Proper Exit Strategy Martingale alone will kill you, but if you add...Ignored
Disliked{quote} Thanks for sharing. I think your post is not a reply on the Stop Hunting idea. Based on my experience, pure martingale (not averaging in) is evil. hedging on the same pair is useless. Martingale + Hedging = useless evil. " Exit Strategy: Close all winning positions on new signal >>( this implies keeping the losing positions) ??? Close all winning and losing positions when overall P&L is positive on new signal. Close all winning and losing positions @ 1% equity Take Profit. (Keep it at 1% or lower, higher target means higher risk) >> when...Ignored