Can FF members please post some simple trading systems that do not use indicators to forecast direction. I am 72 and as a social project teach elderlies who enjoy trading as a game to keep their brain active and make some passive income from it.
As an example, this is a simple proven manual trading system - profitable for those who are willing to practice and keep patience to enjoy it as a funful individual sports.
It is not meant for those looking for Quick Gains or Effortless Success or those having impatience to see money tree being planted. Similar to any enterprise, it takes years to have a tree. Your journey will be faster if you swallow a capsule of my 36+ years of trading experience.
It is a scalping system, based on just two indicators, created with inputs from Mikkom, Tro, ganztrade, CJA and me.
The indicators are at this link:
https://www.forexfactory.com/thread/...5#post13332165
The pip channel idea is from senior member Mikkom. Tro is active on FF in a different avatar modified it. Ganztrade provided all the rest at my request.
Trade closure: You can use any Vline indicator to act as a reminder or alert for manual liquidation. Preferably use a bare-bones EA provided here for managing trades.
https://www.forexfactory.com/thread/...7#post13344607
MQL5 site provides a lot of free EAs for closing trade by timelines. You may use any of them as long as they have logic to close trades by TF close.
As an example, this is a simple proven manual trading system - profitable for those who are willing to practice and keep patience to enjoy it as a funful individual sports.
It is not meant for those looking for Quick Gains or Effortless Success or those having impatience to see money tree being planted. Similar to any enterprise, it takes years to have a tree. Your journey will be faster if you swallow a capsule of my 36+ years of trading experience.
It is a scalping system, based on just two indicators, created with inputs from Mikkom, Tro, ganztrade, CJA and me.
The indicators are at this link:
https://www.forexfactory.com/thread/...5#post13332165
The pip channel idea is from senior member Mikkom. Tro is active on FF in a different avatar modified it. Ganztrade provided all the rest at my request.
Trade closure: You can use any Vline indicator to act as a reminder or alert for manual liquidation. Preferably use a bare-bones EA provided here for managing trades.
https://www.forexfactory.com/thread/...7#post13344607
MQL5 site provides a lot of free EAs for closing trade by timelines. You may use any of them as long as they have logic to close trades by TF close.
Practice makes a person perfect