Trading Made Simple(r)

Quoting dragonchase

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@RH thanks for the details - the reason I was interested in asking about CME is a central exchange can give more confidence in withdrawals from brokers who are already registered and regulated, unlike CFDs that are decentralized and often unregulated in jurisdiction of customers. This also being a 24X5 exchange with lower than PDT threshold helps a lot for rtetail traders. Even a safe buffer for micro e mini is far less than day trade requirements in NYSE (I used Scottrade and e-trade) so I guess you DO trade in futures at present also, just this...

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Quoting csierravh

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{quote} Good day RH, according to your experience, if you were able to trade the London open, based on your method showed on post#10,018, which instrument(s) and time during that session, would you consider? Tks as always.

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Quoting RobinHood

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{quote} GBP/USD AUD/USD EURUSD And if you want to take a wilder ride: GBP/JPY AUD/JPY EUR/JPY 1 Min. - Scalping (Not advised to do) 5 Min. or 15 Min. - Day Trading 4 hr. or Daily - Swing Trading

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Quoting Roscearm

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EURUSD 2 wins and 1 loss BTC Trying very small positions on BTC using the same strategy. Early days with baby steps on this. I am not counting this for the scorecard because I don't like to trade crypto. But lets see how this goes for a bit. Scorecard: Wins: 53 Loss: 18 {image} {image}

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Quoting Webb1003

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{quote} Does your 50 line move around when zooming in and out of the chart like mine does? I cant seem to figure out how to fix this. any ideas? ____________________________________________________ EDITED: ------------------------------------------------------------------------- I figured it out. Auto scaling and Fix to left fixed it. lol I sometimes end up figuring stuff out after I ask a question. Will leave it here incase anyone else has the same issue. {image}

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Quoting Roscearm

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{quote} Yes, default RSI indicator on TV doesn't work properly when the chart is zoomed in/out. You can alternatively use other custom RSI indicators to prevent this. Auto scaling fixes it temporarily but also messes with other elements of the charts especially when you toggle through different TFs.

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Quoting Webb1003

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FOR ANY WHO IS CURIOUS AS TO PERFORMANCES. Or just getting the signals when everything crosses. Copy and paste this into the Pine Editor. Its just the strategy. I believe its correct. If rosearm or another trader wants to look at it and let me know if there is something wrong with it please do. (I dont think you use tradingview RH, guess this aint for you. ) I wasnt able to get all the other signals to work with this, like the 2 bar color change and the MA's crossing. But I feel that...

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Quoting Roscearm

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{quote} This one threw an error message and GPT fixed this for me. Here is the updated code: //@version=5 strategy("RSI & Stochastic Strategy", overlay=true) // RSI Settings rsiLength = input(14, title="RSI Length") rsiSource = close rsi = ta.rsi(rsiSource, rsiLength) // Stochastic 14,3,3 stochK1 = ta.sma(ta.stoch(close, high, low, 14), 3) stochD1 = ta.sma(stochK1, 3) // Stochastic 8,3,3 stochK2 = ta.sma(ta.stoch(close, high, low, 8), 3) stochD2 = ta.sma(stochK2, 3) // Long Condition longCondition = rsi > 50 and stochK1 > 50 and stochK2 > 50 if...

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Quoting Webb1003

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{quote} That's weird, when I get home I'll swap it out and see what it does. In the car now can't see what the difference is other than the versions are different. Mines version 6. My TV always yells at me if I use v5. Also what gpt are you using? I use the o3-mini-high. Says it's best for coding and logic. I'm gonna mess with it some more tonight. It's Def helping me learn this pinescript. Not saying I can go write code now, but I'm learning a lot of the functions and how it differs from c+. I would like to have the strategy be able to use a 1:2...

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Quoting Webb1003

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I KNOW I KNOW PAST DATA DOES NOT PREDICT FUTURE DATA BLAH BLAH BLAH. Also this doesnt take into account commissions I dont think or slippage. But whatever... look: {image} This is using the 4 hour timeframe lol. started with a 50,000 account. Might have to switch from my day trading to swing trading hahaha. Gonna forward test this some more by just blindly following alerts. Then ill try and implement some other things like R:R and maybe a few others I dont know. Still fun to look at, fun to think about. Thanks Robinhood for sharing this indicator...

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Quoting Roscearm

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{quote} That looks very impressive indeed. Is this for the same code you shared earlier or a different one?

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Quoting Webb1003

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{quote} Same code, 4 hours TF. But it's with 6 contracts per trade

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Quoting Webb1003

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{quote} Same code, 4 hours TF. But it's with 6 contracts per trade

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Quoting MaDxPT

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{quote} So ur doing long on 50 level cross till opposite signal and vice -versa? No continuation entries? No added filter?

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Quoting CogAlpha

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{quote} Doesn't matter what instrument I look at on the 4h timeframe, there is none that would come even remotely close to your result. Its at best breakeven.

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