I do like the idea of using pivot points or fibs to provide qualifications of the signals, though, and will look into this when I get the time.
"Pips are vanity. Profit is sanity."
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DislikedBut am trying to get hang of the idea. So, idea is we cannot try and take a trade between R61 and S61 or We must only take trades between those R61 and S61. IN March we couldnt avoid any of the losing trades if it is in between the R61 and S61. {image} Can you elaborate a bit more.Ignored
DislikedSo lets see third BUy order in same... area. lets see how it goes today.. It is right at the Pivot R38 level. --- All 3 order in same zone. Breaking of that zone would push the price much higher. so our signal is trying to get that order. --- Point to be considered. Lets observe this point. As you have asked... @munna & @pauldv, i have changed the Pivot to D1 instead of W1 to monitor.Ignored
Short we have:
By all accounts, price should find it easier to go long, BUT, this is GBP which is being influenced by Brexit, so...
Disliked{quote} Yeah, there are some roadblocks for this trade... Long, we have: 1.32500 psychological level 1.32590 Daily R1 Short we have: 50 SMA 200 EMA Daily pivot 1.32000 psychological level Daily S1 By all accounts, price should find it easier to go long, BUT, this is GBP which is being influenced by Brexit, so...Ignored
DislikedThat's another long trade at a resistance level that has been tested for the 3rd time since 25th March. This was the same scenario that played out with the last 2 short trades wherein the former lost but the latter won - probably due to some sort of news 'cos of the length of the candle that broke the support level. If this is a norm with Ultron - I mean to open long trades at key resistance level and short trades at key support level - then we'd probably need additional entry filter(s). Only time will tell though. For now let's give it some time...Ignored
Disliked{quote} One is TP and other is Retraxe exit. If retraceexit is false drawdown is relative drawdown 80% Consecutive loss are 4. Make it true you will see different resultIgnored
Dislikedso guys, can someone tell me what set are u using and EA, I pic the EA from the first page and its only hitting SL all the time Thanks in advanceIgnored
Disliked{quote} Yes I missed that, but here it is new one and there is still difference. {image}Ignored
Disliked{quote} Looks like somehow you have lower ticks than mine. I have 28803719 and you have 25151531 ticks modelled.- about 3mil ticks difference. which is considerable more than 10%. am using Dukascopy as my base data. what are you using as your source.Ignored