got some free time this week, gave it a try to test the strategy. this is the result for today only, started with 3k and use 1 lot with leverage 1:500, too big risk for real account but this is demo so that's just fine. the drawdown looks too good to be true for me compare to the result. but the strategy is worth the time you spent to learn it. {image}{image}summary today: {image}
{quote} continue my manual trade, as the account is doubled so i double the lot too. pls note this is just a demo account. balance is 8k now
{quote} can you please show some of your trades on a chart and present them here so we can get a feel for your style?
{quote} {image} 1. to find the strong pair, i use fx strength meter and pickup only pair with strength value > 70 2. then use M15 to check if the candle is on the potential reversal zone, can use supdem box as well to identify this. 3. wait until all the entry rule has met as shared earlier by cfpleger and thread starter, i usually use M1 for the entry, however most of the time i an have early entry as long as the candle far away from the pre-defined 2 or 3 MAs line. 4. exit at MA50 or when i need more margin to cover floating on other pair, i closed...
{quote} Tried to attach the demo account to Trade Explorer but couldn't make it, pls find the MT4 demo account with investor password: FXPro.com-Demo01 7927682 6sltjtp pls ignore the 1st 2 trades, i tried to use EA to handle the trade after I open the entry but didn't work. started from the 3rd trades, i trade manually.
{quote} hi, thanks for asking, well in this case it didn't go down further without large retracements so i'd be speculating what my actions would be if it did. anything can happen in a live environment and the situation would of been handled accordingly i think you'd agree price never moves in one direction forever so you'd still have many options to get it of it if managed correctly, a better question to ask is how you would of handled that situation and start thinking long and hard about it because one day it will happen yes, for sure, price will...
Hello. I am following this thread from few days and I just want to specify a few things. I am very experienced with KOF stategy and with it I passed FTMO challange at the first attempt. I can say that this strategy actually changed my life. What I am noticing here is that you are only using the base of the KOF strategy. You all are always attempting to reach emas but this is just a little piece of the whole system. You are only buying when price is below and selling when price is above but unfortunately it is not that simple and doing always this...
{quote} Dear charli86 - EMA 600 on a 1-minute chart = EMA 40 on a 15-minute chart. Ideally, we are targeting 15 minutes candle to reach 50 EMA (on a 15-minute timeframe) which means an EMA of 750 on a 1-minute chart. I am experimenting with an equivalent strategy; hence I also use EMA 9, EMA 20, and EMA 50 of a 15-minutes timeframe on a 1-minute chart along with other EMAs. I see better results with this strategy. Many thanks!!
{quote} final result today, gonna sleep now. result is just to good to be true, from 3k to 14k in 1 day. perhaps too early to make any conclusion. will continue next monday. thank you for the thread starter abade, cfpleger, and kof for sharing the strategy. {image}
That sounds a bit risky (scary), but we cannot ignore the fact that KoF has a few "flipping" account videos where he does the same thing. The truth is that if you can keep this performance for a prolonged period of time, and the markets allow it, you can get rich in no time, but please be careful as it can also blow an account in a single strong move especially the GJ.
