Steve well done great results
were you using an EA to place the trades ? if yes which ?
or were to manually placing Trades using MACD/Stoch Blue White crosses ?
or ?
more details greatly appreciated
- market must be above/below gold;
- WB have to be the correct side of 85/15;
- R has to be reasonably close; I do not wait for R to start heading back in the right direction.
After that I apply whichever of the ea's is appropriate. My favourite is #2; most common is #4 because I don't want to miss the trade if the market never reaches the outer band. For now, I am using the safety feature that turns off the ea once it has sent the trade.
f451's indi is useful in alerting me to potential setups in between my check of every chart every few hours. It is a resource hog, so I tend to load it, let it run for a few seconds to do its calculations, then unload it when I have finished.
I use mptm to
- send an Atr tp of x 3 Atr; stop of 999 in case of catastrophe
- lock in +10 at +25, then a jumping stop of 50
I close any trade when whitey leaves bluey stranded. I may be missing pips, but I am also avoiding the frustration of watching positive turn negative. I will become a better judge of when to exit with experience.
I have been enjoying myself.
