I have this running OK on the 2632 setting.
Looks very promising on 4hr+ timeframes.
Here's a screenshot on 4hr.
Looks very promising on 4hr+ timeframes.
Here's a screenshot on 4hr.
Attached Image
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DislikedI have this running OK on the 2632 setting.
Looks very promising on 4hr+ timeframes.
Here's a screenshot on 4hr.Ignored
DislikedWhich charts package offers the Heiken-Ashi indicator ? I use Trade Station 2000 and it does not seems to be available.
Thanks
FrancisIgnored
DislikedI have this running OK on the 2632 setting.
Looks very promising on 4hr+ timeframes.
Here's a screenshot on 4hr.Ignored
DislikedThe same here. I have to set back the default (0, 1, 3, 2) and it showed.Ignored
DislikedOK MT4 offers the Heiken indicator, could you tell me MT4 users where we can find a company offering it as demo valid for a long period.Ignored
DislikedTrading this live now, yesterday's trade was profitable. Made $5.00 on a $3,000.00 account using 1000 units at Oanda.Ignored
DislikedMikejody,Thanks for sharing your method with us. The chart looks great with this indicator. Two questions for you: 1. What time frame are you using? 2. Are you trading manually or using EA? (Does Oanda allow EA?) And would you be willing to share the EA (one you used for backtesting) with us?Thanks in advance.Andy LIgnored
QuoteDislikedStop Loss: 50 pips
Take Profit: 55 Pips
DislikedHi mike,
Thanks for sharing your system. Been looking over it, and there are a couple of things that jump out at me from a risk standpoint.
You risk 91% of what you could potentially make? Also with a ratio like that, and your backtesting results indicating 51% success, it seems as though profits would barely offset losses. Suppose if you will, you have 100 trades.
51 are winners for 55 pips: 2805 PIPS
49 are losers for 50 pips: -2405 PIPS
Yet your backtesting results indicate (INCREDIBLE) profitability. When you get a chance, could you clarify on what I am missing here?Ignored
DislikedYou double up after a loss to offset the negatives. I don't know if this system works good or not, but the daily straddle with double-up does.Ignored