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- jdn74 replied Apr 6, 2008
Nanningbob, What settings would you recommend if the starting balance was only $100? Obviously I'll demo first, but I do have $100 to blow so I can tinker with this EA. Or does the starting balance need to be a lot higher? Like you, I'd withdraw ...
- jdn74 replied Mar 29, 2008
I will keep that in mind when I start to papertrade. Thanks.
- jdn74 replied Mar 29, 2008
RSI is what I use to check an overbought or oversold condition. But again, its not set in stone as you can see on the first third of the chart. Sometimes its pretty useless. But I'll keep looking for patters and see if I can refine my rules a bit.
- jdn74 replied Mar 29, 2008
I have went back and backtested this model and found it to work most of the time. If any of you have any refinements, please let me know. Its a weekend, so please test it yourself and let me know. Thanks in advance.
- jdn74 replied Mar 29, 2008
The blue circles are exit points. This strategy is an alteration of an ebook I read called "FX Wizard," which seemed to be pretty popular in some circles. But it didn't seem efficient enough for me. There are a few other things (or rules) you should ...
- jdn74 replied Mar 29, 2008
OK, the red circles are the actual entry points, whether buying or selling. What do you suppose the blue circles are for? image
- jdn74 replied Mar 29, 2008
OK... the green circles are areas where we are watching for favorable entries, whether buying or selling. What do you suppose the red circles are for? image
- jdn74 replied Mar 27, 2008
Thank you very much. Sometimes what should be obvious doesn't seem that way I guess. Good stuff. Thanks.
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