Buy, R:R 1:1
DislikedOk. lets trade, if this 4h candle close above 112.810 will buy. {image}Ignored
- #1,342
- Nov 19, 2018 8:09am Nov 19, 2018 8:09am
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore
Just for everyone's motivation that this system really works..
Trading is not exact science. That is why we cannot always apply the rules. That is why money management and risk management is important for us to succeed. We trade to make profits. And at the end of the day, that's what matters the most. Not too much on stats just as long your equity is going up consistently, then you should be fine...
Trading is not exact science. That is why we cannot always apply the rules. That is why money management and risk management is important for us to succeed. We trade to make profits. And at the end of the day, that's what matters the most. Not too much on stats just as long your equity is going up consistently, then you should be fine...
We're not here to be right, we're here to Profit Consistently!
- #1,346
- Nov 19, 2018 8:31am Nov 19, 2018 8:31am
Congrats! we just post charts to motivate traders here, this is a Long way for the one are starting and like Ranilo saids is very important yo stay focus in the last day of the Month.
This os my profit this Month, with winners and lossers
This os my profit this Month, with winners and lossers
Just for everyone's motivation that this system really works.. Trading is not exact science. That is why we cannot always apply the rules. That is why money management and risk management is important for us to succeed. We trade to make profits. And at the end of the day, that's what matters the most. Not too much on stats just as long your equity is going up consistently, then you should be fine...
- #1,347
- Nov 19, 2018 8:38am Nov 19, 2018 8:38am
Just for everyone's motivation that this system really works.. Trading is not exact science. That is why we cannot always apply the rules. That is why money management and risk management is important for us to succeed. We trade to make profits. And at the end of the day, that's what matters the most. Not too much on stats just as long your equity is going up consistently, then you should be fine...
SL hit, bad decition, later will post the mistake {quote}
Now this is a candidate for short coz there's a bearish engulfing candle that just printed and now will be easier coz it's a trend following trade now.
We're not here to be right, we're here to Profit Consistently!
- #1,351
- Nov 19, 2018 10:29am Nov 19, 2018 10:29am
{quote} Your mistake here is clear & simple. No engulfing (bullish) but still you entered even though it closed at 112.800+ Now this is a candidate for short coz there's a bearish engulfing candle that just printed and now will be easier coz it's a trend following trade now.
Actually i shorted when it breakout
Josephkee bro. Your method of entry after engulfing confirmation candle (3rd candle) makes a lot of sense.
The problem is 4H candle can be quite large, which will take away the profit.
Have you tried on 1H? i did some backtest on 1H, slightly lesser hit rate but better RRR.
Whats your view?
- #1,353
- Nov 19, 2018 11:01am Nov 19, 2018 11:01am
Agree with that. Now Im selling that candle...
{quote} Your mistake here is clear & simple. No engulfing (bullish) but still you entered even though it closed at 112.800+ Now this is a candidate for short coz there's a bearish engulfing candle that just printed and now will be easier coz it's a trend following trade now.
- #1,357
- Nov 19, 2018 12:58pm Nov 19, 2018 12:58pm
I had a wrong wiew of the daily chart because price reach a supply zone (where I like to sell), well today was a bussy day and I make that mistake.
{quote} Your mistake here is clear & simple. No engulfing (bullish) but still you entered even though it closed at 112.800+ Now this is a candidate for short coz there's a bearish engulfing candle that just printed and now will be easier coz it's a trend following trade now.
{quote} hi TradeForexFx, The format of the SendMail command are SendMail(subject,text) where subject is email subject header, and text is the email body. (check the MQL4 Reference manual) hope this can guide you. Its not that complex. Getting users to configure their platform to send emails is where problems happen!
Any ways (thanks to obiwandax) I have coded for email as well as push notifications. Push notifications, I understand, requires an account with MQL5.com - (for you to explore).
I would like to post the update only after I have received some feed back of errors, if any in ver 2 of the indicator. The new update would be third post of this indicator and I do not want to clutter the forum with frequent changes.
In the meanwhile, if someone could explore how to set up emails and push notifications, that would be nice. There are plenty of suggestions available out there, so, please post only the method that has been tried and tested by you, including the free email server that works. I want to try both types of alerts before I upload the latest update, as such, please do post a working procedure for both email as well as push notifications.
TF
- #1,360
- Edited 3:12pm Nov 19, 2018 2:56pm | Edited 3:12pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place