kc topics: https://www.forexfactory.com/thread/post/14648072#post14648072
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DislikedInteresting strategy. I want to ask how to calculate the lot size for the recovery trades?Ignored
Disliked{quote} there is nothing to calculate, you pick a fixed lot size and stick to it throughout the entire trade, look CLOSELY at the snapshot below your question - you can compound it as the account grows if you wish...Ignored
Disliked{quote} ah ok, i didnt see the lot size in your snapshot. what is the parameter for which you need to place another trade? the keltzer channel?Ignored
DislikedM1 AUDUSD - target tracker! getting stuck in sideways action is really bad for the ema strategy as the ema's eat into the profits as time moves on - the opposite is true using the keltner channel as a guide - now when i'm stuck in sideways, i can continually make favourable target adjustments in line with the extreme edges for maximum profits! {image} {image} {image} {image}Ignored
Disliked{quote} hi niks ok your settings look really good... you mentioned using m5 on a m1 chart... could you pl share what you've got yr keltners set to?Ignored
Disliked{quote} hey sonicvista, the earlier audusd snapshot was on the M1 chart with the M5 setting on the keltner channel: {image} the snapshot you have just quoted was on the M1 chart and set to current timeframe as below: {image}Ignored
Disliked{quote} ah niks thats the one, now it makes perfect sense, many thanks. I typically over-complicated my settings, but these settings give the trades room to breathe. CheersIgnored
Disliked{quote} hi nik how do you manage when you are in trade and news goes against your trade? some times its more than 100 pipsIgnored