DislikedDoes it matter when to trade? For example, European or American sessionIgnored
Saludos, K.
1
For ALL Learners !. The System works in all Sessions where there is considerable volatility (Depending on nature of underlying Pair). Its weekend today and I already made 3% on 3 trades offered by BitCoin (Moderate 1:1 RR)using simple Supply Demand Filter. Its 24/7 Schema and Credit goes to Master Mike!{image}
It's not a question directed at you, I'm just speaking in general.
Saludos, K.
- #265
- May 11, 2024 8:18pm May 11, 2024 8:18pm
Does it matter when to trade? For example, European or American session
Please read ThriftTrader have mention about S&R to trade with this system.
It is good filter.
you can use it for trading this system.
- #268
- May 11, 2024 8:25pm May 11, 2024 8:25pm
Please let me share automated algotrade based on my understanding of this system. Anyway thanks for sharing I'll re-read again all previous posting and explanation. cheers {image} {image} {file}
Can you code this EA in MT5 as well.
- #269
- May 11, 2024 8:28pm May 11, 2024 8:28pm
{quote} I'm not saying it's not a good filter to start with, but how do you solve the ones I marked? It's not a question directed at you, I'm just speaking in general. {image}
This is called buy at low and sell at high.
- #270
- Edited 8:43pm May 11, 2024 8:33pm | Edited 8:43pm
This step is very good in Trending market, In ranging market you will get lot of breakeven trades.
I saw you all are putting lot of effort I will add 1 more step.
You can close 50% profits when reach R R 1 : 1
In case your trade hit SL you have already booked 50% profits.
Example:
Profit = 10 USD
Risk = 10 USD
Close 5 USD when reach R R 1 : 1
now your risk is also 5 USD
because you have closed half of your trade.
Wait for trailing SL which we can use candle low breakout for buy trade.
If lucky you can make good profits if trend is very good.
I saw you all are putting lot of effort I will add 1 more step.
You can close 50% profits when reach R R 1 : 1
In case your trade hit SL you have already booked 50% profits.
Example:
Profit = 10 USD
Risk = 10 USD
Close 5 USD when reach R R 1 : 1
now your risk is also 5 USD
because you have closed half of your trade.
Wait for trailing SL which we can use candle low breakout for buy trade.
If lucky you can make good profits if trend is very good.
- #271
- May 11, 2024 10:14pm May 11, 2024 10:14pm
I want to keep this system for all of us.
We will chat here general.
For more deeper discussion please join my link
https://t.me/+cjb7QI9gLF4zN2M1
I want to share more knowledge but want to protect system as well.
We will chat here general.
For more deeper discussion please join my link
https://t.me/+cjb7QI9gLF4zN2M1
I want to share more knowledge but want to protect system as well.
I want to keep this system for all of us. We will chat here general. For more deeper discussion please join my link https://t.me/+cjb7QI9gLF4zN2M1 I want to share more knowledge but want to protect system as well.
- #273
- Edited 6:29am May 12, 2024 2:42am | Edited 6:29am
{quote}{quote} Same pattern as in your previous thread (started by member "Mike3108") - once more on your way to the commercial side... And, no: I don't want you to manage my Funds.
You are not invited in the group
I started this group to protect it from people like you who come on FF for Gossip and spoil people Threat no need to trade or learn time pass and Gossip.
{quote} I'm not saying it's not a good filter to start with, but how do you solve the ones I marked? It's not a question directed at you, I'm just speaking in general. {image}
!The OP has reminded us that this system shouldn't be used alone , and that we need to add some extra filters to make it work . Master Mike given us some hints for how to do that , I've found that adding a simple SD/SR Filter makes a big difference . It helps us avoid some bad trades and gives Directional Bias, which is essential for any trading method . Intermediate/Advanced Trader can incorporate HH/HL and LL/LH Concept for more better Bias.
As the OP mentioned, and I Second , some of the trades you've marked are in No Man's Land
, and we usually avoid those in most trading methods, including your Snake Line . Don't worry, we're all learning together to improvise!For all the learners out there, I've attached a Sunday activity on BTC . Had a decent gain today , and I'm excited to see what we can achieve together
! 
Kind Regards, TT
- #275
- May 12, 2024 10:22pm May 12, 2024 10:22pm
I want to keep this system for all of us. We will chat here general. For more deeper discussion please join my link https://t.me/+cjb7QI9gLF4zN2M1 I want to share more knowledge but want to protect system as well.
Tried joining the group but it said the link is expired
- #276
- May 12, 2024 11:15pm May 12, 2024 11:15pm
{quote} Hey Mike!! very interesting system indeed, I like mixing up my bag of tricks on my entries as I like to call it, so interested to use this as well. Tried joining the group but it said the link is expired
I change the Link reason we want only Genuine people in Group lot of people have fake profile and lot of them just like to pass time and gossip, see your DM link is only for you. No one can use this link.
If anyone wants to join the Group send message in FF and we will give you link to join.
For ALL Learners !. The System works in all Sessions where there is considerable volatility (Depending on nature of underlying Pair). Its weekend today and I already made 3% on 3 trades offered by BitCoin (Moderate 1:1 RR)using simple Supply Demand Filter. Its 24/7 Schema and Credit goes to Master Mike!
possible to share you template and indicators. or just the indicators in the screen shot
looks good to identify the size of candles as well as the sr level with the arrow is a good combination
{quote} hi thrift possible to share you template and indicators. or just the indicators in the screen shot looks good to identify the size of candles as well as the sr level with the arrow is a good combination
Indicators Used have already been shared by Master X in Post #48
. SR /Arrows drawn manually by watching chart with naked eye. The only thing left is Patience for Candles to arrive near these Zones.And yeah, those candle sizes and SR levels with arrows are a great combo! Keep an eye on those markets, and good luck with your trades!
Kind Regards, TT
- #279
- May 13, 2024 11:32am May 13, 2024 11:32am
{quote} Hey! Thanks for your interest in learning and practice. Indicators Used have already been shared by Master X in Post #48
thrift ready to learn from the best
- #280
- May 13, 2024 5:57pm May 13, 2024 5:57pm
- Joined Nov 2023 | Status: Trader | 1,398 Posts
Any trading view functionality?
Could code a script that lets users use system without seeing code
Could code a script that lets users use system without seeing code