basically what he is saying is you put your stoploss at the last low if your getting in a buy trade or in the case of a sell trade you put your stoploss at the last high.
The Entry must be above the 200 MA Line (opening candle) and the Exit must break the MA Line with the candle BODY...
You guys should be practicing spotting the entry and exit points and practicing on a few Instruments and 1M TF to gain some experience.
CM-PunkFX, The Entry must be above the 200 MA Line (opening candle) and the Exit must break the MA Line with the candle BODY... You guys should be practicing spotting the entry and exit points and practicing on a few Instruments and 1M TF to gain some experience. {image}
Ignored
Ah ok, so entry isn’t a candle touching 200 ema nor is it a candle going through the 200 ema. It’s a candle that’s opening already above the 200 ema.
Few questions related this strategy.
Gringo2019 you answer me because this is your strategy.
1. This indicator name is adopting moving average?.
2. When this 200 adopting moving average is green then buy and when red then sell right?.
3. Exit when ema is against with me?.
4. and settings of this indicator is default?.
"My English is a little weak; I apologize for that.".
wait a second gringo didn’t you say you exit a trade when the candle body goes through the 200 ema. But for entries you said the candle actually has to open from either above or below the 200 ema that doesn’t mean the candle going through it that you showed in the screenprint. A candle opening from above the 200 ema line for an entry is not the same as a pass candle through the 200 ema line… because a candle passing through it which hasn’t closed could go through the 200 ema line and then close back underneath it.
KoF 1% Strategy made the Rules and I did NOT, so you have the Video's and you can watch and verify his strategy and system criteria.
If you will read the screenprints with a learning hat of, you will see we are trying to teach the TIMING and LOCATION on entry and exits, NOT Trading.
The Theory before the Practical.
CM-PunkFX, KoF 1% Strategy made the Rules and I did NOT, so you have the Video's and you can watch and verify his strategy and system criteria. If you will read the screenprints with a learning hat of, you will see we are trying to teach the TIMING and LOCATION on entry and exits, NOT Trading. The Theory before the Practical.
Ignored
Ok if that’s the sole purpose of what your teaching at this moment I respect that and will ask the question again when the time comes.. as the question asked was a vital and important part that traders will eventually have to be clear on.
{quote} Ok if that’s the sole purpose of what your teaching at this moment I respect that and will ask the question again when the time comes.. as the question asked was a vital and important part that traders will eventually have to be clear on.
Ignored
Hi CM-PunkFX.
I see you have an interest in learning this system.
I assume you already own KOF EMA strategy video.
I recommend you watch from 30 minutes onwards countless time until you fully understand every words he explain.
There he explains the system in great detail.
Pay close attention when he explains when to Trend and when to Ranging.
When the market moves fast and when the market moves slow.
I am Indonesian and I am not very fluent in English, so far I have been using google translate to communicate in FF, it is very difficult for me to explain in words.
Hopefully you can understand.
M1 Countertrend Scalping Strategy
