CWP, can you post some screen shots of what you are explaning?
Thanks
Thanks
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DislikedCWP, can you post some screen shots of what you are explaning?
ThanksIgnored
DislikedBecause there are people who do not like reading, I summarized the strategy with the most important posts from The7.
I hope you do understand the strategy now.
The indicator developed by other people in the thread, does not work according to the statements by The7 and you should not consider please.
I developed an Indicator compliant the indicated by The7. I sent it to the last few days to The7 for validation. In any case I want to share with you for you please try it.
The only parameter of the Indicator is MinCandleSize, it's the size...Ignored
DislikedI think the entry rules are clear and perfect, i trade this system since the beginning, and i never made so much pips in such a less time, the problem is to manage the trade, for me the best manage is to close half at +30 pips and the rest be+2, ok sometime you ditnt hit the big run, but there are every day so many opportunities for making pips
cheers and nice weekendIgnored
DislikedThe attached chart shows 2 trades taken on gj for pretty good profits, I don't know how or why this works but it seems to if you apply some commensense on your entries.Ignored
DislikedSure, I took three trades this week. I am using my parameters of only trading with the trend unless the signal candle is a hammer or engulfing. I am also testing three exits. #1. Close trade on close of day with candle ending above/below opposite EMA. For example, you go short when a down candle pierces upper EMA and then close the trade the following day when the candle closes below the lower EMA. #2. Set a take profit for the opposite EMA so that whenever the price hits that target you will exit the trade. #3. Follow the7's rule of waiting for...Ignored