i alway use trailing stop to protect the profit , not much , but sure-win 80% to have at least +20 pips each transation
lets develop a system which is very very simple but effective. 7 replies
Very Simple Breakout (into a Trend) System 4 replies
mt4 coder needed for a very very simple system 2 replies
Did I just create my own very simple system? 25 replies
Quoting adam3000Dislikedi alway use trailing stop to protect the profit , not much , but sure-win 80% to have at least +20 pips each transationIgnored
Quoting ktradeDislikedadam, you should put at least a 55MA on the chart so you can see the overall trend a little better. This may help getting a false reversal on you shorter timeframes such as the one above in your posting.
KIgnored
1. 63 ema gives basic trend
2. using the vegas daily range probabilty theory
3. wait for the cross to happen
4. then change to break even, then use a 15 trailing stop
only been doing this for two weeks but still very effect.
any ideas for an exit theory?
Quoting SwitchDislikedSomeone said that downfall of MA systems is ranging. What is ranging? Thanks.Ignored
DislikedHi Ktrade !
Thanks for help .
I did move to 55MA to have a clearly entry point !Ignored