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

I have re-buy GBP/AUD
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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 | 240 downloads
[quote = varseb; 13096486] {quote} eu uso esse script {arquivo} [/ quote]
In which folder to put?
Thank you Zoheb for sharing your indicators. I had a nice trade on the EUR/CHF today.
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Quoting Brmg3620
[quote = varseb; 13096486] {quote} eu uso esse script {arquivo} [/ quote] Dans quel dossier mettre?
in the folder "script"
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"
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
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"
looking at what was posted today its a breakeven day?

2 winners
2 losers
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"
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!!!!
Configuration SELL AUD/NZD
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
Configuration BUY USDCAD

try this one it's over 100%
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Well that was a quick one out with profit.
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AJ,AU,NJ,UC have all hit the ADR for me so far this morning. Waiting for the setups...
Green pips to all
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
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"
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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