EURJPY M15 system 80%+

Quoting shasi12

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Hi FXMD, I have doubt here after it break upper line we take buy and it hits 1st tp and then break lower line as well. Can we take a sell after it breaks lower line or we should not be taking that order.{image}

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Quoting Fxmd

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{quote} I would not recommend it as it can result in the same mechanism as martingaling, this time it would be a double winner but you could as well get a double looser. Nevertheless every setup is different from other setups and it must remain to your discretion wether you Take it or not, maybe you hit upper target but overall trend is bearish and you get a breakout to the downside, that overall trend may increase your odds of hitting lower target as well but this is not a general rule for every day or every market (trending or ranging). It’s better...

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Quoting krakra

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Iam make EA Iam use pending order. This is result first variant. Still risk {image} Still risk 10% per trade {image} Is good result for you?

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Quoting tomdachi

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Hi, i have done visual backtest from July 2015 - April 2017. This was the result. 2015 JULY = 11 2015 AUGUST = -2 2015 SEPTEMBER = 8 2015 OCTOBER = 7 2015 NOVEMBER = 4 2015 DECEMBER = -1 2016 JANUARY = 3 2016 FEBRUARY = 8 2016 MARCH = 1 2016 APRIL = 2 2016 MAY = 10 2016 JUNE = 8 2016 JULY = 5 2016 AUGUST = -1 2016 SEPTEMBER = 8 2016 OCTOBER = -1 2016 NOVEMBER = 6 2016 DECEMBER = 1 2017 JANUARY = 5 2017 FEBRUARY = 5 2017 MARCH = 2 2017 APRIL = -1 The numbers mean total profit-loss. Probability win rate is 60.5%. From my point of view this strategy...

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Quoting yalgaar

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So I did visual testing of last 6 months. I used the following very simple rules: 1) Take trade when price breaks out. Candle does not have to close above/below the BO zone. 2) Once trade is taken it hits SL or TP...No breakeven logic applied. 3) Once a trade is taken...that will be only trade for the day. 4) Do not take trade when BO zone more than 45pips or less than 15 pips. Here are my results. 42 Loser trades. 52 Winners. This brings us to around 55% win rate. If anyone as any questions about method used about this conclusion please feel free...

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Quoting KeithMarsh

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After running some optimization tests on the EA I decided on some small changes. Set the breakout box to 6 hours (instead of 4), Max box size is 60 pips and min is 25 pips. I cannot watch charts so I set pending orders at box high and low and add 5 pip buffer. I delete the opposite pending order once price triggers first order. I also have a breakeven set at 5 pips below the 1:1 target. If take profit and stop loss have not been hit at the end of the day I will move the stop. If trade is in profit I move to breakeven + pips and if it is negative...

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Quoting shasi12

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Hi FXMD, I have another doubt today. 2 hours after putting on order rite after the candle close above the ENTRY BUY line it have moved above from the original place. What we should do now? should i move my TP to the new line or leave as it is. {image}

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Quoting Fxmd

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{quote} I don’t understand why you open a trade there

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Quoting KeithMarsh

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Will need to go back and see whether this break even is worthwhile. Got triggered today to the pip and meant I missed the big move {image}

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Quoting lemercenaire

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{quote} Traders' remorse is a terrible thing. If you are going to check how many big moves you missed out on, be sure to also check how many times it saved a complete reversal and full loss. Not getting at you, and it sounds obvious but the human brain is funny that way - it always remembers the ones that got away. Better to look at some way of adding in to a trade that could run alongside this entry method to maximise these big moves.

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