Google eminiaddict. He primarily use it on the futures market
Difference between buy/sell stops & buy/sell limits 34 replies
Does buy low sell high apply to prices way back? 8 replies
how to change buy to sell, sell to buy for EA 1 reply
the buy/buy or sell/sell currency broker?? 5 replies
I am looking for EA to put Buy Stops, Buy limits, Sell limits, and Sell Stops. I will 0 replies
DislikedThe edge of this system is it exploits the markets tendency of mean revision in a trending market by entering at the 50% level and then exploits the markets tendency to have fat tails in a trending market, breaking the previous high/low and the continuation move being larger than the retracement leg. It should work just fine in a trending market and although simple is far better than the majority of stuff posted on here The problem with this system is that it will not work during a non trending market (will not work most of the time), when...Ignored
QuoteDislikedTo fix this would require a more non-systematic approach. Some advice would be to only use this system during specific times when the market is more likely to be trending, so time becomes an indicator.
QuoteDislikedMost other non systematic improvements would require learning to trade rather than trading a system. the downside to this is it requires a lot of time and effort, the upside is you can trade both trending and non trending markets and anything in between as long as it is moving enough to cover transaction costs. Or it will just let you know when to trade and when to not if you are specialising in a certain type of market. Another upside is very few people that post in this forum will actually put in the time and effort to do this.
DislikedThe edge of this system is it exploits the markets tendency of mean revision in a trending market by entering at the 50% level and then exploits the markets tendency to have fat tails in a trending market, breaking the previous high/low and the continuation move being larger than the retracement leg. It should work just fine in a trending market and although simple is far better than the majority of stuff posted on here The problem with this system is that it will not work during a non trending market (will not work most of the time), when...Ignored
DislikedGood to see g/u selling off as expected. Lets keep this up all week and I'll be happy.Ignored
Disliked{quote} you selling into an uptrend here too ? you must have some insider info that i just don't knowIgnored
Disliked{quote} Nope. Long term trend is down, check the weekly and the monthly. Does that look bullish to you?Ignored