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Simple Horizontal Line Trading H1

  • #41
  • Jun 17, 2019 7:43am Jun 17, 2019 7:43am
Quoting Fx-ken
D1 Trade with MA50, if your patience level is god level maybe you will be rich quick. (i still have issue to hold my position for longer period haha) this method will work if you can trust the method and trust yourself. (Just to be safe, you need to move your SL to BE+1/5 when it goes your way) in D1 / H4 we using 100 pip line not 25 pip line. so you can adjust your RR to 100 SL 200 TP / 50 SL 100 TP / anything you want. {image}
In my opinion 100 pips SL is only acceptable on a small lot. I prefer a big lot and a small SL at the entrance of SL 12 pips with PT 25, 50 to 100 pips. Just earn 10 pips a day to survive in this market.
The bank offers 3% a year here, you can earn 3% a hour or so a day. Sometimes more.

Attached File(s)
File Type: xlsx Account Tracking FF_V2.xlsx   380 KB | 416 downloads
if you're doing we all have results with all
  • #42
  • Jun 17, 2019 8:08am Jun 17, 2019 8:08am
Quoting jarfx05
{quote} In my opinion 100 pips SL is only acceptable on a small lot. I prefer a big lot and a small SL at the entrance of SL 12 pips with PT 25, 50 to 100 pips. Just earn 10 pips a day to survive in this market. The bank offers 3% a year here, you can earn 3% a hour or so a day. Sometimes more. {file}

That's true, i only show to proof it can be use in higher TF, because there some people asking does it work in higher TF.
  • #43
  • Jun 17, 2019 2:12pm Jun 17, 2019 2:12pm
Quoting Fx-ken
{quote} That's true, i only show to proof it can be use in higher TF, because there some people asking does it work in higher TF.

That's why I like Renko candles, They're good for day trading and scalping. As I want to change the perspective, I increase the size of candles. It works quickly.
Everyone has their favorite toys
if you're doing we all have results with all
  • #44
  • Jun 17, 2019 2:40pm Jun 17, 2019 2:40pm
Quoting jarfx05
{quote} That's why I like Renko candles, They're good for day trading and scalping. As I want to change the perspective, I increase the size of candles. It works quickly. Everyone has their favorite toys
Give example / show a chart please


Best regards
  • #45
  • Jun 17, 2019 3:29pm Jun 17, 2019 3:29pm
Quoting jgadefelth
{quote} Give example / show a chart please Best regards

Instead of watching pictures, try yourself if it's good for you.

Here you will find the best free tool.

https://www.forexfactory.com/showthread.php?t=684131


If someone knows a better tool, please provide a link
if you're doing we all have results with all
  • #46
  • Jun 17, 2019 10:13pm Jun 17, 2019 10:13pm
EURJPY H1 Hit SL and new short trade (using BE+1/5 will result BE because it move to 10 pip)

GBPUSD H1 hit TP yesterday, (if you enter the candle before you will get SL once but i don't enter that one because i'm away that time)

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 60 KB
  • #47
  • Jun 17, 2019 10:22pm Jun 17, 2019 10:22pm
Hi Fx-Ken, where do i put the font file?
  • #48
  • Jun 17, 2019 10:27pm Jun 17, 2019 10:27pm
Yesterday i try to change my MA50 to MA200,
looks like its have a higher win rate than MA50, i will try to backtest it when i got time.

Chart example GBPUSD H1 21 May - 18 June 2019

Attached Image (click to enlarge)
Click to Enlarge Name: MA200.PNG Size: 55 KB
  • #49
  • Jun 17, 2019 10:28pm Jun 17, 2019 10:28pm
Hi jarfx05,where do i put the font file?
  • #50
  • Jun 17, 2019 10:30pm Jun 17, 2019 10:30pm
FX-Ken, ema 200 seems more reliable,can i have your round number indicator?
  • #51
  • Jun 17, 2019 10:35pm Jun 17, 2019 10:35pm
Quoting timilehin
Hi Fx-Ken, where do i put the font file?
Hi ,

i think you should ask jarfx
that's not my indicator, i only use sweet spot indi or just draw your line manually.

Quoting timilehin
FX-Ken, ema 200 seems more reliable,can i have your round number indicator?
btw im using simple moving average, but you can use EMA too

you can find the indicator in this post (download the indicator zip you will find the sweet spot indi)

https://www.forexfactory.com/showthread.php?t=487923

I got my indicator from that post also.
  • #52
  • Jun 17, 2019 10:43pm Jun 17, 2019 10:43pm
Hi Fx -Ken,thanks ,how do you make your pink round number drawn to the end of the screen?
  • #53
  • Jun 17, 2019 10:48pm Jun 17, 2019 10:48pm
Quoting timilehin
Hi Fx -Ken,thanks ,how do you make your pink round number drawn to the end of the screen?
what pink round number? pip number?
if the pip number i write it by myself by using the text tool in MT4
  • #54
  • Jun 17, 2019 10:59pm Jun 17, 2019 10:59pm
Hi Fx-Keni mean the lenght of the round number line does not get to the end of the screen
  • #55
  • Jun 17, 2019 11:02pm Jun 17, 2019 11:02pm
Hi Fx-Ken ,
attached
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 34 KB
  • #56
  • Jun 17, 2019 11:03pm Jun 17, 2019 11:03pm
Quoting timilehin
Hi Fx-Keni mean the lenght of the round number line does not get to the end of the screen
do you mean this number at the right side?

Attached Image


you need to click this button.

Attached Image (click to enlarge)
Click to Enlarge Name: click this button.PNG Size: 37 KB
  • #57
  • Jun 17, 2019 11:05pm Jun 17, 2019 11:05pm
i will just upload the indicator here so other's will have the same indicator with mine
Attached File(s)
File Type: zip indicator.zip   15 KB | 476 downloads
  • #58
  • Jun 17, 2019 11:19pm Jun 17, 2019 11:19pm
Hi Fx-Ken can you please send your template?
  • #59
  • Jun 17, 2019 11:24pm Jun 17, 2019 11:24pm
Hi Fx- Ken, how do i change the dotted lines to filled ?
  • #60
  • Jun 17, 2019 11:31pm Jun 17, 2019 11:31pm
Hi Fx-Ken the lines are not clear i need to see it clearly
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