I use mt4 to trade currencies, so I tried to reproduce the system as closely as possible. I would like to post the progress of testing through trial and error. If it bothers you, please let me know and I will stop posting. I would appreciate it if you could give me some advice.
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Let me know how it is going. I have not been around much the last few days. I have not checked out your chart to closely. But they look great. How is it going for you? I do not trade currencies but this stuff will work fine. I did not invent the wheel. Just learned from others then made it mine with my style. I would practice the demo account a little just to see how you do with it and what changes you might want to make according to the currency pair you are trading.
I probably will not be back in front of the computer until next week. But I will be here to check on things every night for sure. Thanks for sharing.
{quote} Let me know how it is going. I have not been around much the last few days. I have not checked out your chart to closely. But they look great. How is it going for you? I do not trade currencies but this stuff will work fine. I did not invent the wheel. Just learned from others then made it mine with my style. I would practice the demo account a little just to see how you do with it and what changes you might want to make according to the currency pair you are trading. I probably will not be back in front of the computer until next week....
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Thank you for your comment. As shown, I have tested 50 trades so far. Regardless of whether this is correct or not, I feel that the timing for my entry is now right. The exit is sandwiched between a stop and a limit, so it is almost automatic. At first, I was thinking of making a mid-term settlement based on price movements, but in most cases the market hits either side without waiting for that decision, so I'm leaving it to that movement for now. The stop and limit widths are flexibly derived from the most recent price range of my trading target while referring to your chart. I personally feel that my stop is a bit narrow, but I think there will be various disadvantages if I widen it. (I'll need more higher win rate). In any case, my winning rate is currently below 50%, so I think it is unlikely that my profit and loss graph will increase unless I continue to improve. However, with my skill level, I have a hard time figuring out what to improve and how, so I'm embarrassed to say that I'm thinking of a way to get experts to give me some hints by showing my trading. I also want to show that I am seriously facing this system in my own way. I will continue to post. I'm not an English speaker, so I'm writing this using Google Translate. Sorry it's hard to read. If you notice anything while looking at my posts, such as whether it is better to avoid such transactions or how things can be made better, please let me know. Sorry for polluting the thread. Thank you.
