Magic Arrows method

Hi

i have a few good threads on forex factory

i know you want to criticize me ,

just observe this below

blue arrow after red arrow enter buy

red arrow after blue arrow enter sell

stop loss is none - exit on colour change of arrow

this is one of my better systems

simple

I am using the 15 min tf

the entry is the close price with arrow

an EA would be great for this

thanks

i target 40 pips

and use a 40 pip emergency stop

up to you

see attached screenshot

simple

this was a recent buy entry on USDCAD

stick to the rules

only enter on a arrow colour change

seta 40 pip stop loss and goal of 40 and close pc go do something else

these markets are highly manipulated

take the good with the bad

there is no perfect method

good luck

Have you thought about doing 30pip SL with 45pip TP? High RR means more errors for losses

40 pip target is stronger

could maybe do 30 pip stop for 40 pip target , but you exit the trade in a colour change for maybe 10 - 20 pips on colour change or maybe you get 40 pips

who knows

I'm not a fortune teller lol

need an EA to take the trades for me so i don't miss any entry's ,

becsue its the first blue arrow after red candle buy

and first red arrow after blue sell

dont enter on any other arrow for instance , red after red or blue after blue

this is buy low sell high

not sell low buy high

You can send your strategies to coders.
there are nice coders will help

For EA try metaquotes Spent plenty of money over the years back in 2017 - 2021

1 hour with the daily timeframe

if the daily timeframe is down printing down arrows

go to the 1 hour chart and look for down arrow after up arrow and enter

target is 100 pips

exit on colour change of arrow

simple

Are you making money with this method? have you made money with any of your previous methods?

Not trying to be rude but am wondering if you just create threads when you have an idea or if you have actually tested and validated the idea.