It seems like my posts brought some negativity to this thread. It was not my intent. My intent was, maybe someone says something useful. Some did. I think everyone should find strategy that work best for him or her. Good luck to everyone!

Razor trader I like to ask you one straight forward question, in your live account do you positive or negative with DIBS?

Razor trader. Thanks for the answer. I have a bad memory but I think I tried pretty much everything you described for exit strategies. About so called runners. I found, in my backtest at least, that on 100 trades it is reasonable to expect that one ...

No offense taken. Would you care to share your exit strategy? And trust me I rather read posts before doing backtests so I read all this thread and read multiple times PC posts and James. I have to re-read PipMan though, maybe he has something ...

Answer to your first question. No. I am not building multiple positions. Do you think it can make a difference? Answer for your second question. I divide position on 3 parts first exit is at 1R, second at 2R, and third at 5R. This worked the best ...

I think he means that results were negative. You can do backtest at first with minimal rules and later see what works the best but here is the bottom line for me at least at this point.Time after time I go back to DIBS with different back tests and ...

Thanks Josh it helpful definitely. I used the same as you are 2R TP and BE at 1R. And just to clarify I made a mistake, I used not 3 weeks data, I used 3 months data. Using 3 weeks data and say it not working obviously not very smart, I am better ...

Thank you SupremeChaos you are very helpful and pleasant person. I will try to backtest September and October next and see what I come up with, and definetly I will post results here. A-HA moment did not came to me for some reason yet. But that is ...

SupremeChaos, I backtested Jan, Feb, March 2009 year so far, also only on M5 EUR/USD. Thanks for point out to Josh post. It is all comes down to what pins he avoided and what he traded. I guess, this is will be impossible to explain unfortunately. I ...

Josh, I read sometime ago that you did backtests and you were successful with 2R ratio. Could you tell me please did you use original Jankone rules or you traded just what looked good to you (meaning others candles formation, not only Pin bars). I ...

Thanks I got this now. Strong trend just trade with trend or stay away and don't look for CT. Flat market or weak trend conditions only where you look for CT.

Wow looks like I have a lot to learn. Once again big thank you for explanations guys!

Jankone thanks for the response, I assume you don't like pin right? Or something other then pin too?

Thank you guys it is all good points. Any others opinions please?

Failed trade — Seems like was a good divergence, good enough pinbar and good location. Is anyone managed to avoid this loss? If yes then what did you find to help you avoid it. Or it is normal trade but just one of them that should be a loss.

5 min and less. But it even harder then 4hour and daily. Now I think average person needs 5 and more years to be successful on those time frames. Some people get it faster some people will never get it.

Thank you!

Thanks for the answer but it was not what I am looking for, let me rephrase. I am asking, why in Metatrader this candle starting not at the close of previous one. Look in Oanda it always starts where previous closed.

The thing is, I am not looking for only pin bars now. Don't get me wrong pin bars are great.