Am I missing something here?
Talking about 60x90, trading Idea:
" The EA is based on a simple idea, price always retraces back to a Median, and we trade that concept. I tried several MA numbers, 40, and 80,120,200. The 80 seemed to work best"
"" we are countertrend traders, when everyone else is buying we sell, when everyone else is selling we buy.
The red lines are buys areas and the green lines are sell areas."
You can keep selling uptrend for months
and keep piling up losses. Or? what is the Idea?
"price always retraces back to a Median"
? And?? What's the point? if it's
Uptrend it will retrace to a Median "WHITE LINE MIDDLE" but way above when
EA enter, which means it will generate loss.. How can you sell clear uptrend?
500 pips stop loss will be taking out in few hours... Can you please explain on the chart
I have green circles with crosses where, perhaps, EA enters and then price return to
median where the red circle with the cross, but about few hundred pips above and
pair still in uptrend. Can you please point out what exactly EA going to do?
Don't get, it how you can sell uptrend if this could run 10000 pips up without
stopping?
Can anyone explain based on that Screen shot?
Thanks.
Talking about 60x90, trading Idea:
" The EA is based on a simple idea, price always retraces back to a Median, and we trade that concept. I tried several MA numbers, 40, and 80,120,200. The 80 seemed to work best"
"" we are countertrend traders, when everyone else is buying we sell, when everyone else is selling we buy.
The red lines are buys areas and the green lines are sell areas."
You can keep selling uptrend for months
and keep piling up losses. Or? what is the Idea?
"price always retraces back to a Median"
? And?? What's the point? if it's
Uptrend it will retrace to a Median "WHITE LINE MIDDLE" but way above when
EA enter, which means it will generate loss.. How can you sell clear uptrend?
500 pips stop loss will be taking out in few hours... Can you please explain on the chart
I have green circles with crosses where, perhaps, EA enters and then price return to
median where the red circle with the cross, but about few hundred pips above and
pair still in uptrend. Can you please point out what exactly EA going to do?
Don't get, it how you can sell uptrend if this could run 10000 pips up without
stopping?
Can anyone explain based on that Screen shot?
Thanks.
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