break even of 1 pip...
then exit based on 1M retracement....
then exit based on 1M retracement....
Looking back on the template posted above with the 18 period bollinger bands, it is very interesting to note how a few pips can almost always be had when price approaches AND THEN OVERSHOOTS the bands before retracing, or even continuing in it's present direction. On the 15m chart I'm looking at now, if we only had a piece of that bollinger band OVERSHOOT every time, our problems would be over.
That's basically what that "tweet ding" indicator sound I spoke of in previous posts is also telling me in an "audible" fashion confirming - in my humble opinion anyway - what the "visual" is telling me on this computer. (On my laptop I have 20 period bollingers up, so on this desktop I'm on now with the 18 period bollingers, it's even more apparent that may very well be the case):
That price will almost always overshoot and yield a relatively decent # of pips. (Maybe only 2 or more pips depending on timeframe used, but many times a day, with a relatively small hard stop.)
.....Or maybe not. Not feeling so sure of myself these days mainly because of the economy. May need more sleep too.
That's basically what that "tweet ding" indicator sound I spoke of in previous posts is also telling me in an "audible" fashion confirming - in my humble opinion anyway - what the "visual" is telling me on this computer. (On my laptop I have 20 period bollingers up, so on this desktop I'm on now with the 18 period bollingers, it's even more apparent that may very well be the case):
That price will almost always overshoot and yield a relatively decent # of pips. (Maybe only 2 or more pips depending on timeframe used, but many times a day, with a relatively small hard stop.)
.....Or maybe not. Not feeling so sure of myself these days mainly because of the economy. May need more sleep too.
Thanks, Dan.
I seem to have the indicators and still not trade. All is set properly,
How did you do- any FXDD action?
Ron
look @ screenshot. v106 took last trade (sell,0.5 lots) at 8:00 gmt+1 german timezone today in the morning. V104 took the last trade at 8:30 gmt+1 german timezone (sell,0.1 lots). V106 made +1 pip. V104 got me +45 pips - so everything is running fine for now, and the ea's are taking trades
just a thought - maybe there is problem with your datafeed provider ? can you try it on another demo account ?
i am running the v106 on 15m eurusd and the v104 on 30m eurusd. Broker is ActivTrades (England) I didn't close manually, its all fully automated trading. cheers
