Trades open yesterday....thanks a lot, i Will try for a month.
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One trade per daily bar, or per X bars on current timeframe 0 replies
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
DislikedTrades open yesterday....thanks a lot, i Will try for a month. {image} {image}Ignored
DislikedI have been watching for a while and am liking this approach a lot. Having looked at the historical sentiment on myfxbook/outlook, I can see a very good correlation with Neil's RSI(2) on the daily and I have been playing around with various ways to spot pairs that are ripe for a move and came up with the following setup. The extremely basic dashboard to the right of the symbol changer uses a longer term RSI for the main trend and a shorter term RSI as a trigger. I am using D1 for the longer term and H1 for the shorter term. If they are both above...Ignored
DislikedNeil, only one thing i didn't understand: For how many time you hold the trades? A good idea could be closing half position, and taking other half at BE and let it run...Ignored
Disliked{quote} It all depends of the strategy used.. I posted here the contrarian method to be used with Scorpianfx and the RSI2 hlc3. That is Best to open trades on a Monday and you should have a nice profit by the Tuesday?Wednesday at close of New York session A few more methods have been posted.. I use tradingview LineBreak 1 charts with the RSI2. I can keep in trades for weeks. I just leave them open with a stoploss just in case of news etc. If it's still at contrarian selection and it's under the rsi2 HLC3 - 30 for sell/70 for buy then don't close...Ignored
DislikedAfter pasting the ea to 5 charts (EU,GU,UC,NU,GC) untouched since 24 May, the result is quite promising. 4 out of 6 closed trades are in profit and 1 breakeven with only 1 loser. 4 out 6 open trades are in profit and hopefully the other 2 can be a winner later. Open Trades: {image} Closed Trades: {image} For 0.1 lot per chart, I think it can open 10 charts for USD 5K account with very manageable DD.Ignored
Disliked{quote} It's impossible to share. I respect the programmer and he is a very nice person. Take a look at his free stuff and see how good a programmer he is. The indicator costs $65 per year... I also got a PM the other day to say his Trend scanner is very good but I haven't tried that yet. I might do next week. I love researching things. It's my passion. 99.9% go into the recycle bin and some costs a lot of money but so far his skills have me hooked especially using it with the contrarian method. I have no involvement or financial gain in...Ignored
Disliked{quote} https://www.forexfactory.com/showthread.php?p=11092930#post11092930Ignored