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- Precizione replied Apr 21, 2020
NZD/USD +15 pips
- Precizione replied Apr 6, 2020
How is everyone's results for today?
- Precizione replied Apr 6, 2020
EUR/NZD +11 pips - did not hold the position for a long time due to very strong downtrend.
- Precizione replied Apr 6, 2020
Congratulations on a great result! What time frame are you on? I've also created a Telegram group for this thread - we can discuss live trades and strategy there: url
- Precizione replied Apr 6, 2020
The Cycle Identifier (previously called MasterScalper) indicator is used only for confirmation - as mentioned in one of my previous posts - I would not advise using a strategy based solely on this indicator, because even though it is useful in ...
- Precizione replied Apr 6, 2020
EUR/NZD entered on the middle of second candle (late entry) - closed out at +10pips (+14 with spread). Decided not to hold, because 50EMA is very high above the middle Bollinger Band (20MA), hence the bearish trend is very strong.
- Precizione replied Apr 6, 2020
Thanks for the suggestion. EUR/USD would have almost reached the initial TP by now.
- Precizione replied Apr 6, 2020
EUR/USD closed out at 5pips profit after trailing stop loss was implemented. What strategy do you think is the best in regards to trailing?
- Precizione replied Apr 6, 2020
EUR/USD position looking good so far - once it will reach 10 pips in profit, I will set a trailing stop at 5 pips.
- Precizione replied Apr 6, 2020
Thank you, I'm glad you're finding the strategy useful. In terms of automating the SL and TP - it might be hard to do, because I'm assigning SL and TP based on volatility of the pair - the more volatile the pair, the higher the SL and TP. However I ...
- Precizione replied Apr 6, 2020
EUR/USD live trade: 7.5pips SL, 15 pips TP.
- Precizione replied Apr 6, 2020
However, I've missed the entry for USD/JPY - entered on the middle of second candle and hit stop loss of 7 pips at third candle - would have been a successful position if opened at the beginning of the first red candle.
- Precizione replied Apr 6, 2020
I've opened a trailing stop at 5pips, once position reached 10pips in profit - closed out at +12pips.
- Precizione replied Apr 6, 2020
GBP/USD 15min chart live trade - made a late entry.
- Precizione replied Apr 6, 2020
Thank you! It's 1:1 and also with alerts.
- Precizione replied Apr 5, 2020
The EMA being below/above the middle Bollinger Band is not an essential condition, it's more of a confirmation if we're going with the trend. This would have been a successful trade, but it's not a perfect entry, as the candle only touched the ...
- Precizione replied Apr 5, 2020
Looks very impressive - are you using a similar strategy?
- Precizione replied Apr 5, 2020
I can help - what do you need?
- Precizione replied Apr 5, 2020
Thank you! I'm glad you like the strategy. Unfortunately there is no MasterScalper for MT5.
- Precizione replied Apr 5, 2020
Definitely a valid sell trade: Bollinger Band pierced from below. RSI at 80. 50 EMA above the middle Bollinger Band. MasterScalper shows bright red colour. Those lines on the main chart are divergences from RSI indicator. Here's my settings (will ...