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chenxee replied Jul 7, 2024hi RiskFighter, yes, when all indicators are bullish blue, it's a good time to consider buy long. if scalp in lower timeframes, e.g. M1-M15, i expect all indicators strongly agree bullish, must beyond "strong level line" becoz too much ...
Finding the trend
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chenxee replied Jul 7, 2024hi RiskFighter, thanks for sharing. i agree with you in terms of some viewpoints, for example i believe trend is likely to continue rather than reverse. and i think in 80-90% time we should stay out of the market, only enter when there's a good ...
Finding the trend
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chenxee replied May 9, 2023hi SilentFather, thanks for reply. I don't use any indicators besides a 34 period MA. actually it's not the distance between price and MA is measured but swing length, i use a chart to explain: image the system is as such: calculate average so ...
mean reversion strategy
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mean reversion strategy
Started May 9, 2023|Trading Systems|8 replies
mean reversion system hi gurus, this is a strategy I have made last year and would like to ...
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chenxee replied May 19, 2022amazing result, congratz, keep going
having read all thread, seems not many people discuss the mindset and edge behind this trading strategy. bro you seem manage to apply it very sucessfully, can you by any chance tell a bit about it? i can only ...ZigZag 3 Windows
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chenxee replied May 18, 2022i have a question and didn't find an answer in thread, if current H1 open is NOT highest open of the day, but price go up and reach area of interest, thus in lower timeframe M15 or M5 there is valid setup for entry, because price go up above highest ...
Highest Open / Lowest Open Trade
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chenxee replied Feb 16, 2021hi OP, thanks for strategy. Could you please explain a bit more about mindset behind strategy? what is the edge and why is that? thread is too long to read through, sorry if you already did this. i saw you mentioned wicks.
Highest Open / Lowest Open Trade
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chenxee replied Dec 16, 2019hello, I am using IC markets to scalp 3-5 pips every trade, so far this broker works very well. my strategy requires lowest possible spread and commission, IC does a good on spread, but commission is just so so. i'm trying to open a new account with ...
Best broker for 4-7pips scalping
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chenxee replied Dec 8, 2019just found this thread, want to throw my 2 cents. i'm running martingale with hedge EA in live account, and imho this way can make success, with some prerequisites. we all know martingale is about probability, and in long term no one can beat ...
Success with Martingale & Hedge - Possible?
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chenxee replied Nov 25, 2019Paul, you are a star. eager to have a look at your EA and learn some your MM. let's make this EA better and better.
Currency Grail Scalping System
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chenxee replied Nov 23, 2019Paul, very good work, excellent. when i had first glance at this strategy, i feel author expected this for high hit rate, say, 80-90 out of 100 should hit TP target within reasonable time span. maybe he trained himself a lot to visually confirm the ...
Currency Grail Scalping System
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chenxee replied Nov 22, 2019here you are. i simply implemented the set up PDF described, didn't put any stop loss. author however used words like "significantly greater than" which hard to interpret, i just code it the way i comprehend...
Currency Grail Scalping System
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chenxee replied Nov 22, 2019i spent some minutes made an EA to backtest eurusd 1 year tick data, it seems profitable and i think it however need tuned somehow to work live. for example some orders may last days or weeks before it reaches TP. if i had more time i would add ...
Currency Grail Scalping System
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chenxee replied Oct 28, 2019pretty good outcome, why not start with a small live account, say, 500 bucks and see how it goes?
Demo vs Live Account
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chenxee replied Oct 22, 2019many people make money from forex by offering "education service" or sell EA, very very minority make real money from trading.
Who makes real money from forex?
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chenxee replied Oct 22, 2019dude i fully understand you. it's good you have a clear style, swing trade on high time frame, suggest you stick to it and absorb any good ideas from strategies others posted. there are many trading systems that can make money, but almost impossible ...
Rookie who needs too much help
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chenxee replied Oct 22, 2019in my opinion support/resistance levels are price levels where long army and short army fight each other the most, so they left a sort of horizontal lines in the battlefield, once price break through these levels it could mean one army probably will ...
What are all the variables in forex charts?
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chenxee replied Oct 21, 2019hi jo24, have you had any success in this single renko brick way? i am also looking into it and gained some success but have some troubles too, would like to discuss.
Trade 1 single renko box
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chenxee replied Oct 16, 2019hi havo, if you feel ok could you please elaborate a bit how to read OHLC and get to understand "what market is telling me"? from your other posts you said you are always waiting for a specific pattern take place in proper context, is that some kind ...
Struggle to make a swing trading strategy
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chenxee replied Oct 16, 2019dear havo, i wanted to ask you some questions about renko and commercial renko generator you are using, but i cannot PM you, would you please and be kindful to PM me? thanks a lot....
Money Management, Please help.
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