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Marble momentum strategy

  • #21
  • Jul 6, 2020 12:45pm Jul 6, 2020 12:45pm
Quoting alexandroxon
{quote} How do you put your stoploss
Stoploss is below the low or high,read the strategy rules again u will understand
  • #22
  • Jul 6, 2020 2:38pm Jul 6, 2020 2:38pm
Quoting pi14
live trade setting up on EURCHF H1,as by the system rules this is going to be a buy trade but im not recommend you take the trade really because timeframe is too small but i will still see what will happen {image}
as i dont really recommend lower timeframes trading,this trade on EURCHF H1 would be still in profit.
This strategy works,u just need to practice,because it keeps you on the right side of momentum
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2020-07-06 21-23-25.png Size: 204 KB
  • #23
  • Jul 6, 2020 3:57pm Jul 6, 2020 3:57pm
weekly buy on the EURUSD,this is a good trade as it meet all system rules
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2020-07-06 22-51-37.png Size: 199 KB
  • #24
  • Jul 7, 2020 12:55am Jul 7, 2020 12:55am
hello pi14, very nice system. how many trades do you make in the month and how successful are the ?
  • #25
  • Jul 7, 2020 5:07am Jul 7, 2020 5:07am
Quoting ingo3344
hello pi14, very nice system. how many trades do you make in the month and how successful are the ?
hello ingo3344,i have been trading this strategy for about 3 months now, on average you can get up to 1-3 setups on the recommended pairs a month if you are trading on the daily timeframe, but sometimes you might not get any setup because of low momentum, in that case, I can trade lower timeframes although I don't really recommend if you are just starting with the system but you can also get good setups on lower timeframes. in the case of trading on lower timeframes, i get even more trades because the market is moving more, so I can even get up to 11-20 trades a month on all combined recommended pairs, I lose some of the trades but I'm winning more because I choose to follow the momentum, the win rate of the system I mentioned it in previous posts is around 63-65 % from what I have seen so far and from backtesting.
  • #26
  • Jul 7, 2020 6:19am Jul 7, 2020 6:19am
USDJPY bullish setup on the H1 timeframe,as you see all system conditions are met,you are just waiting for entry condition on the price moniter or heiken ashi,
but just remember that it is a lower timeframe and there is just too much movement, thats why you have to moniter your trade all the time.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2020-07-07 13-05-43.png Size: 204 KB
  • #27
  • Jul 7, 2020 6:42am Jul 7, 2020 6:42am
Hello, I prefer to look without tricky, entry like with you, but I look rather at the candles like from the foru magic 100
Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt.PNG Size: 39 KB
  • #28
  • Jul 7, 2020 7:39am Jul 7, 2020 7:39am
Quoting ingob
Hello, I prefer to look without tricky, entry like with you, but I look rather at the candles like from the foru magic 100 {image}
why did you not wait for the price monitor to start changing color from red to white dots? i think that is an early entry,please follow strategy rules,as for candles im not sure you can do as well, remember that strategy i not 100% accurate, so dont rush yourself into a trade
  • #29
  • Jul 7, 2020 7:56am Jul 7, 2020 7:56am
Quoting ingob
Hello, I prefer to look without tricky, entry like with you, but I look rather at the candles like from the foru magic 100 {image}
U are trading the strategy with wrong ADX parameters,the period must be 26 not 14,and wait for price monitor to start changing color in this case from red to white (re-read strategy rules pls
  • #30
  • Jul 7, 2020 8:15am Jul 7, 2020 8:15am
is, I use the adx wilder, I haven't switched to 26 yet
  • #31
  • Jul 7, 2020 8:23am Jul 7, 2020 8:23am
Quoting ingo3344
is, I use the adx wilder, I haven't switched to 26 yet
You must use 26 preiod,it's the required one for the strategy,and please only enter when entry condition in the strategy rules is met.
If you enter on other ways than don't blame system
(And always remember that the higher timframe setups are better as less noise is in the market).Like I have a trade on EURUSD weekly(screenshot is above).
  • #32
  • Jul 7, 2020 8:30am Jul 7, 2020 8:30am
to practice h1 is better but not so Long
  • #33
  • Jul 7, 2020 8:36am Jul 7, 2020 8:36am
Quoting ingo3344
to practice h1 is better but not so Long
Yes is better as you get more trades.
As for u I see u are using 14 ADX which is not part of the system,pls use the tpl and indicators I have posted
  • #34
  • Jul 7, 2020 8:37am Jul 7, 2020 8:37am
If you get a setup,you can send screenshot here for me to check if is good trade or not as all of you are all new to the system
  • #35
  • Jul 7, 2020 9:25am Jul 7, 2020 9:25am
UC 1H time frame pam just change
Attached Image (click to enlarge)
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  • #36
  • Jul 7, 2020 9:32am Jul 7, 2020 9:32am
Quoting mesobhai
UC 1H time frame pam just change {image}
Good trade there mesobhai.
You have understood the strategy,that is how you enter,I'm expect you to make some profits on your trade
  • #37
  • Jul 7, 2020 10:46am Jul 7, 2020 10:46am
May I ask in a Uptrend why wait for red to turn white and not wait for white to turn to green?
  • #38
  • Jul 7, 2020 11:00am Jul 7, 2020 11:00am
Quoting weddings
May I ask in a Uptrend why wait for red to turn white and not wait for white to turn to green?
When red turn white it means the retracement I'd over,so expect white to turn green.
This is just to get you in at the better price because waiting for white to turn green,you might be too late
  • #39
  • Jul 7, 2020 11:08am Jul 7, 2020 11:08am
I forgot to say this one guys sorry,it's always better to take the 2nd setup and not the first one.but make sure that the second setup is a higher high or a double bottom with respect to the first setup in case of up trend,and for the down trend make sure the second setup is lower than the the first setup or its forming a double top with respect to the first setup,
That's the reason they the EURCHF trade has won.
  • #40
  • Jul 7, 2020 1:03pm Jul 7, 2020 1:03pm
System rules have been updated, please check in the first post and understand well.
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