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Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
Day Trading system - Simple system to make money 51 replies
Vince's Simple REVERSAL Strategy on Daily Chart... 8 replies
Simple, Profitable BB Reversal System: 25 replies
Simple Daily Trend System 14 replies
DislikedHi Everyone Great Thread here. This version seems to be freezing up or not updating every minute on like the previous version. Any ideas? Thank youIgnored
Disliked{quote} @johnsmith2nd, I personally use a fixed R:R in my trading depending on the strategy I am using. Most times my R:R is 1:2 with a partial close of around 95% of the lots and then let the remainder run to 1:3. I have used TS in the past but history has proven to me that over time it will not perform as well as say a BE + "x" pips at a certain point. I use the market pa for reversals on longer time frames (4h, Daily) with no BE or TS and I do use a BE on 1 hr charts. This has given me excellent results on both trend following and trend reversal...Ignored
Disliked{quote} Thanks for the reply. Is it not possible to incorporate a trailing stop within the R:R? For example take a look at my open trades now: {image} You can see several trades in profit. Despite two of the trades being 60+ pips in the green, they are not near their R:R of 2:1. Now, I don't want to lose the 60 or 90 pips respectively. I may have misunderstood the point of the R:R method, but is it not possible to have a trailing stop to capture the gained pips? I understand the formula behind R:R, but I'm aware many investors do not fully risk...Ignored
QuoteDislikedSame problem of freezing here. Have to reload the expert each time.
QuoteDislikedAlso I've noticed the allowreentries function does not seem to be working.
QuoteDislikedIs it not possible to incorporate a trailing stop within the R:R
DislikedHi guys Bit of a busy week for me, but i'm reading all posts and working on the EA in the background. As soon as i have a new version i'll let you know. In the mean time i've started a new github project where i'm hosting all sources of the EA Feel free to submit pull requests or raise issues https://github.com/erwin-beckers/SimpleTrendReversalEAIgnored
Disliked{quote} Issue is known, working on it, will post a fix when ready, be patient ok ;-) {quote} Working fine here. EA wont open any new trades in the same direction for minsBetween2Trades so if minsBetween2Trades = 60 and it just closed a buy trade then it wont open new buy trades for the next 60 mins It will open sell trades within those 60 mins, and it will open new buy trades after those 60 mins {quote} yeah i was thinking about this also. But then its just becomes a normal trailing stop isn't it ? The whole idea about R:R is to let the trade...Ignored