DR - I am currently out at BE and sitting on the sidelines waiting on the next move (up or down)...how about you?
W.
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DislikedDR - I am currently out at BE and sitting on the sidelines waiting on the next move (up or down)...how about you?
W.Ignored
DislikedI'm out at BE too. Of course it would have been nice to bank some pips but I'm in this method for the bigger moves so BE is ok with me. Now we wait for the next breakout...Ignored
DislikedAce,
are u move ur SL to BE as well or still use original SL. Now price reversed..maybe we'e floating -ve.Ignored
DislikedI was having a look at droland`s system for the week 15-19 June 2009 manually:
if up by 50 pips, move to BE and a 100 pip TSL - if stopped out place a stop order in the same direction 25 pips from the stop price and move stop order to stop price if price moved 50 pips away with a 50 pip SL and a 100 pip TSL
Ace with 1 trade had 523 pips for that week
Droland with 10 trades had 278 pips for that week.
My guess is that Droland`s system will drop pips in a directional week but wont lose (that much?) when Ace has 1 or 2 stop losses.
Aces` system...Ignored
DislikedWhen you do some review these other weeks, try and see what settings would be better. We don't have the EA's ready yet so backtesting is a problem.
drIgnored
DislikedWhen you do some review these other weeks, try and see what settings would be better. We don't have the EA's ready yet so backtesting is a problem.drIgnored
DislikedI've got four positions open. Three of them are using the original rules (still floating around). The other one is out at BE, with the long entry back at the break of the box. The last position is of smaller size and is using droland's method.Ignored
DislikedHi Droland,
I'm refering to post #1089 (page 73) . Can u pass me the indicator on the chart that line blue and red. I dont know what indicator is that, is it ATR?
If it's other than ATR, what is it and how to use it.
Thanks in advance.Ignored
Dislikedit's called Trend Magic and it is actually very accurate. I was thinking of setting an EA with this alone.
I attach it here.Ignored