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Less than Five Pips

  • #21
  • Edited 4:29am Feb 24, 2021 3:43am | Edited 4:29am
Quoting Ylts
Its all about testing and finding limits {image} {image}
Agree with this. Might need to fine tune my r/r at bit and see if I can proceed.
Get the Lag out
  • #22
  • Feb 24, 2021 4:33am Feb 24, 2021 4:33am
gonna maybe try a lower time frame, maybe that will let me get a slightly better r/r
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Get the Lag out
  • #23
  • Mar 6, 2021 12:50am Mar 6, 2021 12:50am
Quoting ZeroLag
gonna maybe try a lower time frame, maybe that will let me get a slightly better r/r {image}
Just trail from the off 2 pip target say 3 pip trail from the off just 1 pip move gives you 1:1 I don't see any point in risking 10/2 it's either going or not , any HTF break will give you 2 pips as they look for liquidity above .
Happy pips Pho
  • #24
  • Mar 6, 2021 12:59am Mar 6, 2021 12:59am
Quoting BubaYaga
If your trading costs are say 0.7 pips (spread &/or commission) and you are only looking for 2 pips, then you are paying 35% of potential profit every trade you win, and on top of every trade you lose. -that is quite the handicap to overcome..
or 300% over the cost... problem is consistency, have it you are winner, you don't ,sorry...
  • #25
  • Last Post: Mar 6, 2021 1:26pm Mar 6, 2021 1:26pm
I tried to do an EA where it opens and closes operations every 5 pips, it is based on renko graphics, at the moment it is in the testing phase, you need to stay in a VPS for at least a month to know if it is profitable (it is martingale)

I am not a programmer, I use a constructor
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