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Attachments: Daily Trading Strategy [ADR + RSI = High Probability]
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Daily Trading Strategy [ADR + RSI = High Probability]

  • #101
  • Aug 4, 2020 9:35am Aug 4, 2020 9:35am
I have re-buy GBP/AUD
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 31 KB
  • #102
  • Aug 4, 2020 9:57am Aug 4, 2020 9:57am
Quoting varseb
{quote} J'utilise un script qui calcule automatiquement la taille de la position en fonction du SL
i use this script
Attached File(s)
File Type: ex4 script_market_eole_trading.ex4   9 KB | 474 downloads
  • #103
  • Aug 4, 2020 10:13am Aug 4, 2020 10:13am
[quote = varseb; 13096486] {quote} eu uso esse script {arquivo} [/ quote]
In which folder to put?
  • #104
  • Aug 4, 2020 10:20am Aug 4, 2020 10:20am
Thank you Zoheb for sharing your indicators. I had a nice trade on the EUR/CHF today.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFM5_M5_Zoheb_RSI.png Size: 60 KB
  • #105
  • Aug 4, 2020 10:24am Aug 4, 2020 10:24am
Quoting Brmg3620
[quote = varseb; 13096486] {quote} eu uso esse script {arquivo} [/ quote] Dans quel dossier mettre?
in the folder "script"
  • #106
  • Edited 12:24pm Aug 4, 2020 12:11pm | Edited 12:24pm
What happens if we push for 1:2 risk:reward ratio , putting stoploss at breakeven at 1:1. So that we have odds at our favour. That means if we win only 33% of the time worst case scenario, we will still be at breakeven.

Eurchf, gbpchf and gbpusd all hit 1:2 risk reward today
"Cut your loses short and let the winners Run"
  • #107
  • Aug 4, 2020 12:25pm Aug 4, 2020 12:25pm
Quoting meck1
Que se passe-t-il si nous poussons pour un rapport risque / récompense de 1: 2, mettant stoploss à l'équilibre à 1: 1. Pour que nous ayons des chances en notre faveur, Eurchf, gbpchf et gbpusd atteignent tous un risque de récompense 1: 2 aujourd'hui
I think everyone can adapt the strategy, otherwise put a trailing stop when the 1: 1 ratio is reached
  • #108
  • Aug 4, 2020 1:15pm Aug 4, 2020 1:15pm
Quoting varseb
{quote} I think everyone can adapt the strategy, otherwise put a trailing stop when the 1: 1 ratio is reached
True I guess everyone we'll trade this differently, il work this on the side
"Cut your loses short and let the winners Run"
  • #109
  • Aug 4, 2020 1:43pm Aug 4, 2020 1:43pm
looking at what was posted today its a breakeven day?

2 winners
2 losers
  • #110
  • Aug 4, 2020 3:46pm Aug 4, 2020 3:46pm
Quoting PipBros
looking at what was posted today its a breakeven day? 2 winners 2 losers
But if we were aiming for 1:2 risk reward ratio we would be in double the profit
I'll keep an eye on that rr as we go on
"Cut your loses short and let the winners Run"
  • #111
  • Aug 4, 2020 5:06pm Aug 4, 2020 5:06pm
Quoting zoheb01
Hey Team, I hope you are having a great weekend. I have got a brand-new strategy that I am seeing great results so far. The system is averaging around 10 pips a day and would like to share the strategy with the community. The video outlines all the indicators, time frame, entry setup and risk management. https://youtu.be/hk03sKhiwzc The strategy is a counter trend strategy taking advantage of when a pairs Average Daily Range (ADR) has been exceeded. This along with the RSI being OB/OS on multiple time frames gives a strong probability...

you are awesome with this strategy thank so much for sharing!!!!
  • #112
  • Aug 5, 2020 4:36am Aug 5, 2020 4:36am
Configuration SELL AUD/NZD
  • #113
  • Aug 5, 2020 4:44am Aug 5, 2020 4:44am
Quoting meck1
{quote} But if we were aiming for 1:2 risk reward ratio we would be in double the profit I'll keep an eye on that rr as we go on
You could also remove 60-90% of your 1:1 RR and move SL to BE then set the rest for 2:1. That would have likely made up for the BE day IMO. To calculate that, take your lot size and multiply by .6 (for 60%) or .9 (for 90%) and the number you get is the size of your position that you close. Hope that helps someone
Green pips to all
  • #114
  • Aug 5, 2020 4:51am Aug 5, 2020 4:51am
Configuration BUY USDCAD

  • #115
  • Aug 5, 2020 4:54am Aug 5, 2020 4:54am
try this one it's over 100%
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  • #116
  • Aug 5, 2020 5:00am Aug 5, 2020 5:00am
Well that was a quick one out with profit.
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Click to Enlarge Name: over and out.png Size: 138 KB
  • #117
  • Aug 5, 2020 5:02am Aug 5, 2020 5:02am
AJ,AU,NJ,UC have all hit the ADR for me so far this morning. Waiting for the setups...
Green pips to all
  • #118
  • Aug 5, 2020 5:05am Aug 5, 2020 5:05am
Quoting redfan
Well that was a quick one out with profit. {image}
GA didnt hit the ADR. Were you looking for a quick scalp regardless?
Green pips to all
  • #119
  • Aug 5, 2020 5:06am Aug 5, 2020 5:06am
Quoting redfan
try this one it's over 100% {image}
I don't know where you got this trade from tbh
"Cut your loses short and let the winners Run"
  • #120
  • Aug 5, 2020 6:14am Aug 5, 2020 6:14am
Hi, anybody think it is worthwhile to develop an EA based on this strategy and what is the reasonable price to pay for the EA? Thanks.
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