Magic numbers question 12 replies
Ever seen this magic number bug? 4 replies
magic is back! 11 replies
Magic Numbers for Mutiple EA 9 replies
Disliked{quote} hi sick, i dont understand your question. In an uptrend you place a pending buy order above the red candle. In a downtrend you place a pending sell order under the green candle.Ignored
DislikedHello, do I see correctly here that he would have triggered but would then have run into the sl? {image}Ignored
Disliked{quote} I get the analogy but I don't understand what you mean by saying it wouldn't work long term. The OP is riding this strategy like a bike and things come natually for him but it took me literally 2 mins to come to the conclusion that this can work long term. Just set pending orders on the bearish retracement candle (in uptrend). Obviously it can take time for some traders to grasp price action, but once its understood this can work universally. If I may add, if you want to be safe you can just trade exhaustion candles off retracements closest...Ignored
Disliked{quote} Hi Ingo, on H1 or smaller timeframes of course not every signal is a valid entry. Here comes the "common sense" in to play, that i mentioned in my first post. This is hard to teach and comes from experience in trading. This fact makes it difficult to make a back test on H1, so better look on H4 for a better back test. And of course, like any other system you will have loser trades too. That`s the part of the game. That is why is so important to have a good R:R management. But believe me, the winning trades will outperform the losers and...Ignored
DislikedThanks Minotawr for this KISS Method. Realy liking it. Heres a little contribution maybe its usefull for some, if not ignore it. All credits go to forex station.com for their amazing work. Its a tool for easily spotting trending pairs with in our case the 100 EMA. Standardsettings show you the 8 hardest trending pairs up or down. {file}{image} Have fun!Ignored
Disliked{quote} Hi Iddd, if your pending order was not activated, you move it to the next candle. So you make sure you getting on the right track as soon as possible. They are plenty of losing trades, of course. Loss/win rate is about 40. But your winners outweight the losers far more. Thats why is so important to have a good R:R management, best is 1:3. Trade safe!Ignored
Disliked{quote} There are plenty of them either for free or to buy. Use the forums search for „risk reward calculator“ or a google search. I am using this one here https://www.riskrewardratio.club/Ignored
DislikedHello good people, For those unable to modify their Fib channel to give you your TP1, TP2, Entry & Sl Levels. This is how you do it. How to create a ruler to measure multiple R-multiple profit targets You can use MT4’s in-built Fibonacci Channels line study to create the ruler described. Here’s how: Drag the Fibonnaci Channels study onto your chart (or use menu option: Insert… Channels… Fibonacci), and maneuver the end point until the lines are horizontal. Edit the object properties to set the desired color, style etc for your lines. On the Parameters...Ignored
DislikedHello good people, For those unable to modify their Fib channel to give you your TP1, TP2, Entry & Sl Levels. This is how you do it. How to create a ruler to measure multiple R-multiple profit targets You can use MT4’s in-built Fibonacci Channels line study to create the ruler described. Here’s how: Drag the Fibonnaci Channels study onto your chart (or use menu option: Insert… Channels… Fibonacci), and maneuver the end point until the lines are horizontal. Edit the object properties to set the desired color, style etc for your lines. On the Parameters...Ignored
Disliked{quote} Waih, I am getting everything on my chart except the "handles" how do you get those letters to appear?Ignored
Disliked[quote = le celte; 13124777] {quote} Ciao, il tuo "Currency Strength Giraia" non funziona {image} [/ quote] I have checked my indicator and I don´t find these errors, but anyway try with this. {file} {file}Ignored
Disliked{quote} If you entered here you could get 1:8 or 1:9 profit, i got that sell and closed it after 1:6 , this is power of the trade in lower time frames, did you see? Anyway your work was great today. {image}Ignored
Disliked{quote} EDIT: Oh sorry.. Yes, download EA. Place on Chart Sit on Hands. Be Patient When you see any profit. Hit the Red Button Wait for new trades Sit on Hands. Again if you see profit HIT RED BUTTON repeat process until you have reached 3% and then turn off EA Enjoy rest of week. Wait for Sunday and repeat. JIgnored