Some more Murrey/Bollinger/Macd fun, can you see any trades ?
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Disliked{quote} I tend to think at this stage that looking for long or short opportunities simply from the MML lines is good enough to generate some 'good' trades. Far too often I see traders adding more and more of this indicator and that indicator and really I think its not necessary. Keep it simple and if in doubt simply do not take the trade ... wait for one that you feel comfortable about engaging with. Looking at many ideas though certainly keeps the mind active and this is very important but what I would propose is to look towards adding in some...Ignored
Disliked{quote} Hi, as usual you are bang on the money with your post, I think we both know the value of MM and it works as a stand alone indicator, but I just want the thread to be a little more active hence throwing ideas into the pot, I perhaps use MM in a slightly different way than you, ( timeframes & numbers) but it works in the same way as all the other indicators but in my view a little better as it is one of the very few that is NOT lagging, thank you for your posts of which I follow with great interest but as I mostly trade Gbp pairs I do not...Ignored
DislikedMML with trader discretion Live 2K account commenced today to throw it out there for all to see. {image} {image} Lots per trade on 2000 as follows: a) low risk @ 0.2 lots b) med risk @ 0.1 lots c) high risk @ 0.05 lots Note that the minimum lot size I will trade on this account is 0.1 lots with 0.2 lots being the most common. If account is >=3000 then 0.3, 0.15 and 0.07 (with 0.15 lots the minimum). Come join in with a live TE if you wish as putting your trades out there for public scrutiny actually makes you a better trader! Good trading, Masterrmind..............Ignored
Disliked{quote} If its non-lagging then I term it as potentially informative which is fine. I hope it brings you great success and I'll be having a closer look at it too. Take care and don't worry I'll trade some GBP pairs before too long. Masterrmind............Ignored