Dislikedi have back tested this system for 2 weeks and got a cool results
win : loss about 24 : 4
Ignored
Auslanco - GBP/JPY and GBP/USD (newstrade) 235,578 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
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Disliked15 min strategy,
I had the opportunity to do a proper backtest on the MT4 15min strategy,
Some amazing results...
91% win ratio with 6813 pips since 8th of April . Therefor we must get at atleast 75% (-15%) on live trading.
How ever I have made some changes to the settings and rules of the strategy..
1. Default stoploss of 60pips, Default Take profit 100 pips
2. You only take the trade if it occurs between 4AM GMT to 1500 GMT
3. I changed the ATR Multiplier 2, ATR period 28 on Level stop reverse indicator to give us early signals.
4. I use QQE 5 & QQE 1 in addition to QQE60 .
- after you get the two signals(Arrow & QQE 60 cross signal) You enter after the QQE5 or QQE1 cross the 50 line.
- If QQE5 cross to the opposite direction you must exit the trade.
- You can reenter a trade when QQE1 touch the 50 line and cross back towards the QQE60.
- When you get the proper entry set up , check for the 1hr momentum. If the 1hr momentum and 15 min Momentum on the new confirmation bar shows a very promising trend continuation(45 Degrees plus bent) you dont have to wait untill the 5 SMA touch to enter .
5. Also trailing stop 60pipsIgnored
Dislikedhi,
I tried to overlay QQE 5 on 60, it shows different 50 level,
what can i do to resolve that?
thanksIgnored
Dislikedhi,
I tried to overlay QQE 5 on 60, it shows different 50 level,
what can i do to resolve that?
thanksIgnored
Dislikedyou can put the same fixed min and max levels to the 5 and 60 indicatorsIgnored
Disliked15 min strategy,
I had the opportunity to do a proper backtest on the MT4 15min strategy,
Some amazing results...
91% win ratio with 6813 pips since 8th of April . Therefor we must get at atleast 75% (-15%) on live trading.
How ever I have made some changes to the settings and rules of the strategy..
1. Default stoploss of 60pips, Default Take profit 100 pips
2. You only take the trade if it occurs between 4AM GMT to 1500 GMT
3. I changed the ATR Multiplier 2, ATR period 28 on Level stop reverse indicator to give us early signals.
4. I use QQE 5 & QQE 1 in addition to QQE60 .
- after you get the two signals(Arrow & QQE 60 cross signal) You enter after the QQE5 or QQE1 cross the 50 line.
- If QQE5 cross to the opposite direction you must exit the trade.
- You can reenter a trade when QQE1 touch the 50 line and cross back towards the QQE60.
- When you get the proper entry set up , check for the 1hr momentum. If the 1hr momentum and 15 min Momentum on the new confirmation bar shows a very promising trend continuation(45 Degrees plus bent) you dont have to wait untill the 5 SMA touch to enter .
5. Also trailing stop 60pipsIgnored
DislikedHi Guys. I am New to this thread. Please explain what the new indicators are QQE 1, QQE 5 and QQE 60. I have been using the QQE indicator version 4 as supplied on the Thread, this was set a 5 smoothing but 0 Timeframe.
Please explain
ThanksIgnored
Dislikedthx aus . i'll try the new setting
but what about momentum period ? should it be 14 ..Ignored
Dislikedthx aus.
what about thus trade ??? is it good one to short for target 100 pipsIgnored