Dislikedi it possible to code this system logic into an EA? if it was it could be pretty powerful.Ignored
Also it would have to update the order really often and the risk of having the plateform giving you an error might be high.
lets develop a system which is very very simple but effective. 7 replies
Simple yet effective strategy (breakdown) 0 replies
A Simple, yet profitable strategy 3 replies
Dislikedi it possible to code this system logic into an EA? if it was it could be pretty powerful.Ignored
DislikedNice trade ! And it stick to the rules
I have tried to use the pivot but if i agree it is great on lower TF, on longer TF it just encumbering the trade window so it's not for me.
Today trades with proper risk/trade calculation (2% on this demo account)
The AUDUSD trade has missed the entry point by 3 pips and i forgot the USD/CAD which would be on BE+5 right nowIgnored
DislikedYes, I had a feeling that the PP indicator wouldn't be much good for you, seeing as you prefer longer term trades. It does tend to clog things up a bit up there, doesn't it? Still, it might come in handy for you if you fancy a bit of ST trading.
Just a quick point. Where in the Long-Pivot-Short zone would you say the "scrap the trade" point is during a pull-back?
CheersIgnored
DislikedLovely trade, mate. Makes up for yesterday, eh?
I see you've got a "Target 4" on your chart. What fib level would that be?
CheersIgnored
Disliked2.618 and -1.618 but i use it only on when there are some previous price action telling me to use it.Ignored