Skyline, can you code and post here the ea of these strategy?
Please....
Please....
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DislikedMaybe you don't understand what I wrote before, this strategy cannot be turned into an EA there's too much discretion involved.
Cheers,
SkylineIgnored
DislikedReasons TEB has indicated he would enter on the lower time frame (AFTER the higher time frame has indicated trend)
EMA cross
Candle formations
3 candle reversal
OB
pin bars
IB
Railway tracks
Break of S&R
Pull back to EMA
TEB....anything else??
Do you have a favorite of the entries I have listed?Ignored
Disliked5o pairs?
again I said I only did it on the majors and mostly the eur/usd
most trending systems on 5 mins will not work on most pairs
no vol.
also what times where you trading again trading trend on a 5 min in off times
esp on none majors you will get killed !! for sure!!
tebIgnored
DislikedNot 50 pairs
-50 pips - i traded ej, eu, cable, usdjpy, usdchf, usdcad over two days.
A few winners but a lot more losers so far - roll on next week. I will just trade two pairs only from Monday.Ignored
DislikedYou are likely right
but if you
1. found trend and strenght on the 30 min
2. found trend and strenght on the 5 min
3. found buy/sell sign on the 5 min
say a. candle formation or b. 1 2 3 break
4. let price ride until it crossed out on the 5 min chart
either emas or rsi.
would it not work?
was just wondering?
tebIgnored
Dislikedno Teb , there's discretion involved (like candle formations or 1 2 3 breaks), EA cannot be coded when there's no mechanical, precise and repeatitive rules.
SkylineIgnored
DislikedHi Teb,
I am watching the AUDUSD as well using the 30 and 5 min with the 2 emaīs and the 21 RSI.
Donīt wanna bug you but it would be cool if you could post a screenshot how you trade this down move.
Right now RSI on the 30min is just below 50.
On the 5 min the RSI is down for approx. 45 min.Ignored
Dislikedok trade the eur/usd
a made over 500 pips for the week.
this system will work on almost any pair
some a lot better then others
ie the usd mxn I would not trade
Also where you doing two lots or just one .
the second lot as a runners is where you make the money right ?
the idea is to make a little on the 1st lot and make a lot on the second lot.
If you are using the swing for the stop loss (1 pip + spread plus swing right!!! )
But if the stop loss would be to much do not take the trade
say 25 pips maxum.
tebIgnored
Dislikedheres a rsi indy i made today
it signals all rules of the strategy
i added a extra optional filter, see chart
the filter is
if m5 rsi falls back over m30 rsiIgnored