Disliked{quote} do you enter the first pullback on the m1 after the rainbow is lined up together with the m5 chart?Ignored
Trend Follower m1 Scalping WITH m5 Revised Rainbow Setup 56 replies
The Fibonacci Rainbow 17 replies
Watch My Blue Rainbow 28 replies
Rainbow Patterns/Observations 171 replies
rainbow ema mma quick questions.. 3 replies
DislikedAlso, just to add to the previous message. I look on 2 Higher time frames. I start with the 30 minute timeframe to check the EMA, then I switch to 5 minute to see if they are also lined up and then I make a trading decision on the m1. checking the 30 minute charts allow me to filter out the best pairs to trade. Thanks.Ignored
Disliked{quote} please post this week result, this is the most waiting thread for me in ffIgnored
DislikedHi Mortezakh, over this weekend I was backtesting it a lot and I noticed that CCI -100 or +100 when entering the trade would keep you out of the false signals and whipsaws a lot. I also started using the 20, 50 and 100 EMA as it gives a better view of the current trend. 20 100 200 EMA were given an outlook for a larger timeframes and now I see it better (maybe it's only me) the trend on the 5 minute. Also, i am changing my stop loss to 10 pips now, 20 pip on the m1 time frame is just too much I can see if the price is going to go up more than 10/12...Ignored
DislikedI traded the GBP today also, with 3 wins 0 losses. It was another signal later on both EUR and GBP, but i didn't take it. I was busy with something else. Results for today: 6 wins/0 losses, 50 pips, 12 % gain on the acct., $1,200. I think is not bad for two hours of trading. {image} {image}Ignored
Disliked{quote} Nice system. I don't understand your trades though. Look at your 2 lots trade for the price of 1.5581 at 16:42. It closed at 1.5591 at 16:47. My IBFX price was never there. So how did this happen? Maybe I overlooked something? Different broker?Ignored