This is a gift for all of you on this forum, I really appreciate for your help.
Although my English sucks I will explain my method as clearly as I can.
This trading style will only work for those who understand the principle which behinds it.
Principle
1 The losing pips in consolidation are equal to the winning pips in trend.
2 Based on point1, trend trader lose all in consolidation while counter-trend trader lose all in trend.
3 The only solution is to adjust your trading size NOT the strategy for in and out.
If you agree with above points then move on...
Strategy
TF:30M
Buy condition: EMA 21,55 cross up, close[1] > 144
Sell condition: EMA 21,55 cross down, close[1] < 144
SL: None but close buy when selling , vice versa
TP: Weekly Fibo R3/S3 (for buy/sell order)
MM:0.01 for every 1000 USD , add 0.01 after a lose trade , Max 0.07
Operation
Run a test on the pair you want then count the losing trades. EU,EJ are suggested.
If it ups to three continuous losses we will start to trade in next signal.
E.X
Red line= False signal
Green line = true siganl
Box= TP
Although my English sucks I will explain my method as clearly as I can.
This trading style will only work for those who understand the principle which behinds it.
Principle
1 The losing pips in consolidation are equal to the winning pips in trend.
2 Based on point1, trend trader lose all in consolidation while counter-trend trader lose all in trend.
3 The only solution is to adjust your trading size NOT the strategy for in and out.
If you agree with above points then move on...
Strategy
TF:30M
Buy condition: EMA 21,55 cross up, close[1] > 144
Sell condition: EMA 21,55 cross down, close[1] < 144
SL: None but close buy when selling , vice versa
TP: Weekly Fibo R3/S3 (for buy/sell order)
MM:0.01 for every 1000 USD , add 0.01 after a lose trade , Max 0.07
Operation
Run a test on the pair you want then count the losing trades. EU,EJ are suggested.
If it ups to three continuous losses we will start to trade in next signal.
E.X
Red line= False signal
Green line = true siganl
Box= TP
Attached Image
No one wants to be defeated~