Magic 100 | Page 47 | Forex Factory

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Magic 100

  • #921
  • Jun 19, 2020 10:01am Jun 19, 2020 10:01am
Quoting LarryK
Result today {image} A profit is a profit For those who ask when does a trend end... when it starts going in the opposite direction. Lower lows or higher highs. Advice for least cost to your account is to wait.
Congratulations on your trades.

can you shed light on how you exit these number of trades ?

do you wait for your target to be hit?
move your stop loss?
  • #922
  • Jun 19, 2020 10:03am Jun 19, 2020 10:03am
[quote = LarryK; 13014558] Dün yapılan işlemler {image} Bunu, ticaret yaparken kullandığımdan çok tatmin edici buluyorum [/ quote]

Hello;

I appreciate you to your studies. I wonder if you closed your trade by manually or do you use standard setting.
  • #923
  • Jun 19, 2020 2:39pm Jun 19, 2020 2:39pm
Hey
Minotawr
This strategy works on a higher timeframe?
Specifically on the 4 Hour time frame!?
specifically
  • #924
  • Jun 19, 2020 7:40pm Jun 19, 2020 7:40pm
Attached Image
  • #925
  • Jun 20, 2020 2:23am Jun 20, 2020 2:23am
Quoting Del62a
{quote} Congratulations on your trades. can you shed light on how you exit these number of trades ? do you wait for your target to be hit? move your stop loss?
Hi, Most of the trades close at tp3 or sl. Friday after I see what NY is doing I decided to close all and enjoy my sundowner.
I also made a note to myself that if I trade indices I must reduce size of trade to only .01 or .02.
Although my account is not real money I try to trade as if it is the size that I would trade for real.

I also recommend that visitors here ask no questions about the strategy without first taking the trouble to read page 1 at the very least, reading the whole thread first will answer most questions that come up regularly.

I also will not be posting my trades when I enter, but you will always see how I have done at the end of each day.
  • #926
  • Jun 20, 2020 2:29am Jun 20, 2020 2:29am
The question therefore is; how is a strong trend defined? Many times I think a strong trend is in place. But an hour later the reverse starts.
Trend is like a fish. I don't want head and tail. In a trend we need to catch the middle.
  • #927
  • Jun 20, 2020 3:18am Jun 20, 2020 3:18am
Quoting kofix11
The question therefore is; how is a strong trend defined? Many times I think a strong trend is in place. But an hour later the reverse starts. Trend is like a fish. I don't want head and tail. In a trend we need to catch the middle.
Look at a HTF. If you have a strong trend on the wkly there will be opportunities to jump on board. Look for quality not quantity.
  • #928
  • Jun 20, 2020 3:51am Jun 20, 2020 3:51am
Quoting mallee
{quote} Look at a HTF. If you have a strong trend on the wkly there will be opportunities to jump on board. Look for quality not quantity.
Thanks. I like your idea.
  • #929
  • Jun 20, 2020 4:02am Jun 20, 2020 4:02am
Quoting kofix11
The question therefore is; how is a strong trend defined? Many times I think a strong trend is in place. But an hour later the reverse starts. Trend is like a fish. I don't want head and tail. In a trend we need to catch the middle.
Always remember this.

Attached Image (click to enlarge)
Click to Enlarge Name: New Trends.png Size: 673 KB
Trade Without Fear
  • #930
  • Jun 20, 2020 4:14am Jun 20, 2020 4:14am
Quoting LarryK
It would make life easier if we could get the price levels to show at our TP's and SL. I used to know how to do that but can't remember how, anybody here know? I mean on the fib
Hi - I think this is what you may be referring to - pics attached
In Fibo Levels add %$ to show figures
Attached Images
  • #931
  • Jun 20, 2020 4:17am Jun 20, 2020 4:17am
Quoting Rubernet
{quote} Always remember this. {image}
Thanks. I will make a printout!
  • #932
  • Jun 20, 2020 6:21pm Jun 20, 2020 6:21pm
Hey guys
Whats the average win rate % of this strategy?
  • #933
  • Jun 20, 2020 7:59pm Jun 20, 2020 7:59pm
https://www.forexfactory.com/showthr...5#post12866605
and
https://www.forexfactory.com/showthr...9#post12881779
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 117 KB
  • #934
  • Jun 21, 2020 2:25am Jun 21, 2020 2:25am
Quoting kevinas
[quote = xmess7; 13012927] {quote} Heknoid: te dejé un PM bajo tu perfil. Por favor, a partir de ahora envíame un PM con cualquier pregunta relacionada con EA. J [/ cita] Hello xmess7 I think your system is excellent, I congratulate you! I only have one query... How can I do so that the orders do not leave a space (light blue)? In the image I try to explain {image}
Kevinas:
Its not my system, I am not the originator .
I just developed the programmed based on the author's idea.

So as per your question... I think you mean that you want to see the orders get filled beyond those zones you have in your picture. Is that what you mean?

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #935
  • Jun 21, 2020 5:36am Jun 21, 2020 5:36am
Please check if I understand your strategy. The signal begins after the green candle closes. The signal comes with the possible start of the red candle.
I can now set my sell stop and my stoplost at the beginning of the candle.

Thank you very much for your help.
I am not a programmer. I just play a little with the Meta Editor. It will not be enough for a professional release. But maybe a professional can write it properly.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 17 KB
  • #936
  • Jun 21, 2020 5:44am Jun 21, 2020 5:44am
This system will not work unless you have a main line (fundamental) backing it up...
gbpusd is not really going anywhere in the near future as it is in equilibrium... iow. this will only drain your account...
  • #937
  • Jun 21, 2020 6:07am Jun 21, 2020 6:07am
EUR / USD

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB


GBP / USD and EUR / USD last Friday. I'm sorry, I forgot.
  • #938
  • Jun 21, 2020 2:08pm Jun 21, 2020 2:08pm
Quoting LarryK
{quote} I also recommend that visitors here ask no questions about the strategy without first taking the trouble to read page 1 at the very least, reading the whole thread first will answer most questions that come up regularly.
Thanks Larry, many don't even bother to read the first page. How can you expect success without investing a bit of work?
  • #939
  • Jun 21, 2020 2:10pm Jun 21, 2020 2:10pm
Quoting Larseg
This system will not work unless you have a main line (fundamental) backing it up... gbpusd is not really going anywhere in the near future as it is in equilibrium... iow. this will only drain your account...
Hey Larseg, thanks for your comment. The core of the system is simple: if the pair is going anywhere, we just don`t trade it
  • #940
  • Jun 21, 2020 2:14pm Jun 21, 2020 2:14pm
Quoting Maijin
Please check if I understand your strategy. The signal begins after the green candle closes. The signal comes with the possible start of the red candle. I can now set my sell stop and my stoplost at the beginning of the candle. Thank you very much for your help. I am not a programmer. I just play a little with the Meta Editor. It will not be enough for a professional release. But maybe a professional can write it properly. {image}
Hi Maijin, welcome here. Almost right, but your arrows are not accurate. Please reread the thread again. @Degolep has made an alert indi already on this.
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