__Thanks__ MJ
3 Bar Fractal with mid-bar and bar on each side 11 replies
Inside bar or outside bar identifier 7 replies
Journal related to: Advanced Inside Bar (IB) Trading 19 replies
Pin bar, pin bar, pin bar 0 replies
DislikedHi Money,
Hope all is well with you.
I was lucky to be in on the money on the GBP/USD downside shift you mentioned. I know you don't use any indicators when you trade, besides just price action, but on MACD histogram on the 30M chart, you could see negative divergence, and it was only time before price turned south. Nice trade!
Best wishes to you and thank you for posting up your setups. Very cool!
AlgisIgnored
DislikedThe results confirm what Abnormalone found, that the profit increases if we restrict the smaller IB sizes.
The optimum seems to be around the 30~40 pip range, where we still get a good throughput of trades and maintain a reasonable profit. As we increase the limit, then our trades drop off and we start to get bigger losses.
I'll modify the EA later today to add the Minimum limit and put it on the first post.
Nice work Abnormalone. Any luck with other currencies or timescales?Ignored
* StopLoss_InPercentOfMasterCandleHighLow
* TakeProfit_InPercentOfMasterCandleHighLow
* OrderEntryOffset_InPercentOfMasterCandleHighLow
Basic Idea: a expected outbreak extend is in some relation to the size of the MasterCandle(OutSideBar)
DislikedNot a good morning for me but I did accidently saw something that I will look at closely next week....Ignored
DislikedI just finished a Spread sheet on GBP/USD. The 8 month period tested showed a good size loss to start with. I was able to improve the loss but not make it turn a profit. To many trades were stopped out in the 100-120 pip range.Ignored