I don't really know, it's the trend which decides, but post #374 will give a good idea of what I could try to do.
Simplicity is the Ultimate Sophistication.
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Disliked{quote} If you have read the thread, you know that in the past I have been looking at daily, weekly and monthly charts to spot that kind of longer term trends. Recently I have come to the conclusion that it doesn't make any sense to take care of them, not to just deny them or argue they are wrong/right views, but just because they are simply not in my trading time horizon. I'm trying to become good in trading this system, it's the only thing I have to care about. Now if an up trend reaches the point of a major down trend, as your picture suggest,...Ignored
Disliked{quote} Hi Bororo, What APP are you using in your phone that allows you to use the mq4 file? Due to my job, I'm looking for the possibility to trade the system from the phone. Would you be so kind so share with me your set up? Thanks!Ignored
Disliked{quote} Its tradingview, the app....get it from playstore https://www.google.com/url?sa=t&sour...4XJGc5sKuKGsYEIgnored
Disliked{quote} Thanks for your quick and kind reply Bororo. I just downloaded the App. How do you manage to apply the indicator from page #1 in txt format? It seems that in the app you can only add pre-existing indicators to the chart. Thanks for your support!! RegardsIgnored
DislikedGood morning all, hope that your Easter went well... A bit boring with this weak trend these days but we need to give it the benefice of the doubt, maybe things will accelerate a bit starting tomorrow... Any other still in the trade ?Ignored
DislikedGood morning all, hope that your Easter went well... A bit boring with this weak trend these days but we need to give it the benefice of the doubt, maybe things will accelerate a bit starting tomorrow... Any other still in the trade ?Ignored
DislikedGood morning all, hope that your Easter went well... A bit boring with this weak trend these days but we need to give it the benefice of the doubt, maybe things will accelerate a bit starting tomorrow... Any other still in the trade ?Ignored
Disliked{quote} Hi BT, Yes I am still in the trade. I added on the test of the 96SMA but closed too quickly. I am still building some clear rules around exits and SLs as I spend more time with the strategy. Currently, I am still in 1 position. I will exit this on a reversal signal, this is how I will exit the last bit of the trade going forward in my rules on exits. I was looking at the last 4 years of signals over the last week and may I say the signals are great. Sure there are ranging periods and some losses but just need to use Money Management and...Ignored
DislikedI've put together an "all in one" package/template including a new MTF MyStochRSI indicator version. SmaSRSI96 in main chart and the MyStochRSI indicator lines in subwindow are programmed in a way they only show when we are in a M5 or H1 chart (nothing is shown when we aren't)! The MTF indicator version shows you the H1 (pink) and M5 (blue) StochRSI lines when you are in a M5 chart - also the SmaSRSI96 representation in the main chart shows the H1 status when in the M5 chart. Update: small bug fixed in v2 - so please only download v2!!! {image}...Ignored
Disliked{quote} Thank you very much for this you legend! Could not get BT's latest versions updated in post#1 to work on my XM mt4 platform (works fine on IC markets so its odd) but your all in one does. Also many thanks to you BT for sharing the simple well-though-out system and allowing us all to be a part of your journey. I have just caught up on the thread over the weekend and I look forward to seeing how the system plays out for the rest of the year. Many thanks! Kind Regards, HampyIgnored