Hi people of FF, I am trying to build few strategies and learning to code EA. But I find it difficult to avoid noise.
I am trying these methods right now can anyone suggest me something different?!
- Avoiding smaller timeframes
- Adding filters through indicators like MA and Oscillators
- checking if the market is trading inside the previous H & L
Stick to market structure, support & resistance and simple price action
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Joined Dec 2018
|102 Posts
You are moving in the right direction, and I like the fact that you have provided so many indicators to keep in mind. On the other hand, we always face certain additional factors in the market that result in our analysis not being 100% true and accurate. We always deal with a number of additional factors, and that's why, whether we're working on our own or using a passive format, we're sure to take into account the risks and only work with a certain percentage of capital, keeping a good free margin and keeping a certain level of losses, so that we don't cross the line and can always quickly restore our usual positions.
No matter what format you choose for modern work, I think that under all circumstances the most important task of a trader is that you will adhere to the correct distribution of capital and will not increase risks. I'm convinced that almost any strategy can be profitable if you have a good grasp of the situation and a good understanding of the strategy's mechanism (because the timeframe and other conditions for opening an order are always key). So you should not avoid difficulties. You need to learn how to accept this and deal with it in the ways that are most understandable to you. That's all the rules. But it would be cool if you could eventually find some optimal system.
