Today's GBPUSD signal was SELL/SELL/SELL.
Im mystified.
Im mystified.
Meeeooow !!!
Fibo Fibo Fibo 14 replies
FIBO ind request 17 replies
fibo alert indicator - get alerts on fibo levels 4 replies
How do differentiate between Fibo and Fibo TimeZones? 4 replies
DislikedHi Strongtrade, You guys playing around it thatz good.Did you guys try to backtest with the data provided in excel sheet or directly trading it? I have tried and result is very disappointing. Fibonacchi value is does not derive the green zone value. Second without gbp calc if you just use fibonacci calculator value for zone 1 and zone 6 for deciding buy or sell when red and yellow fibo value is different you will have lotz of bad trades in long run.Check for yourself dot get excited by just one day win.Ignored
DislikedPlease do not get offended, but if you backtest it using different rules how could you expect to have better results?Ignored
DislikedDid you backtest using the 3 signals, taking trades when two signals align ?Ignored
DislikedHello Strongtrader, Seems like you are very strong in english . In my post no where I have mentioned you will get better result.I just asked everybody to backtest it before using it.So that its getz cleared to them what you can expect. I dot think you dot want to blow up your account Trading is like business.Any strategy you are using you should do detail analysis.You can not use it just it like that. In demo trading ofcaurse you can do whatever you want.Money yours choice is yours. According to me this strategy does not have enough...Ignored
DislikedIt seems we are strong equal in english. Anyway, jokes apart, the point is that you made your backtest using different rules so the results cannot be considered reliable. Please try to make a backtest using correct rules. Prices do not rely on monday, tuesday or wensday etc, they rely on money flow that moves following cycles, then if you like to connect cycles to monday or tuesday or what other day of the week is just a matter of what you want to see in your charts. Everyone is free to trade the way he wants, everyone will take from the market...Ignored
DislikedHe Stongtrader, You seems like not strong enough. Where do I mentioned that I back test with monday ,tuesday????????????????????? Please read it carefully.I know how you derive third signal same way I used for deriving third signal.Why dot you try by yourself? without trying how you can predicting??????Ignored
DislikedBedayan, it seems we are playing a comedy of errors, my post was in two parts, one about backtest and one about your "history of chart"...anyway it's not worth for anyone to polemize. So for what I've understood till now green signal is not derived from fibo zones, I never said this...fibo zones are calculated the same way as for yellow and red. The difference is in HLC calculation. Now we have the fibocalc without password, so we can see all the calculation formulas, did you see anything worth for our purpose in it??Ignored
DislikedI have tried to find out if there any calculation for green zone(gbp calc) but I did not find any.Your trade chart example does not explain anything.You just post the chart excel sheet calculation for that day thatz it nothing else. You did not mention when both the signal different then what makes to take trade buy or sell? When you introducing any strategy you should be clear from your mind what is entry criteria, exit criteria, why I am taking the trade etc etc. Atleast go back to back test sheet excel sheet show me couple of trade how could...Ignored
DislikedLets be positive and constructive, guys. Bedayan, could you pls post the results of your backtest, so we can all take a sample of the days and check to make sure we have the same indication, and also see what price actually did. That would be very useful, save us from working out h/l/c for each day, instead focus on it qualitatively. Based on yesterdays signals ( I only looked at EU and GU ). I also use the indicator that plots the zones and also the s/r lines as mentioned in the pdf. I think we are agreed that the indication was sell on both. In...Ignored
DislikedLets be positive and constructive, guys. Bedayan, could you pls post the results of your backtest, so we can all take a sample of the days and check to make sure we have the same indication, and also see what price actually did. That would be very useful, save us from working out h/l/c for each day, instead focus on it qualitatively. Based on yesterdays signals ( I only looked at EU and GU ). I also use the indicator that plots the zones and also the s/r lines as mentioned in the pdf. I think we are agreed that the indication was sell on both. In...Ignored
DislikedLets be positive and constructive, guys. Bedayan, could you pls post the results of your backtest, so we can all take a sample of the days and check to make sure we have the same indication, and also see what price actually did. That would be very useful, save us from working out h/l/c for each day, instead focus on it qualitatively. Based on yesterdays signals ( I only looked at EU and GU ). I also use the indicator that plots the zones and also the s/r lines as mentioned in the pdf. I think we are agreed that the indication was sell on both. In...Ignored
Dislikedglad you load it, but is the same you see on calc sheet...anyway having it on charts is ofcourse more comfyIgnored