Any indicator which can predict 3 pips profit after alert? | Forex Factory

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Any indicator which can predict 3 pips profit after alert?

  • #1
  • First Post: Jun 4, 2013 2:13pm Jun 4, 2013 2:13pm
Hi

I was wondering that if there is any indicator which can even predict only 2 or 3 pips in profit precisely by 80% (8 successfull trades out of 10) on less than H4 time frame?

I will appreciate for reply.


Regards
Love for all; Hatred for none.
  • #2
  • Jun 4, 2013 3:36pm Jun 4, 2013 3:36pm
Don't think you need an indicator. Just make your Risk / Reward ratio 4:1 (8 - 12 pips in your case) and choose a random entry point. That should give you a 80% win rate.
  • #3
  • Jun 4, 2013 3:51pm Jun 4, 2013 3:51pm
2 or 3 pips of profit after taking a 2 or 3 pip spread is twice as hard.
You are in a maze of twisty little passages, all alike.
  • #4
  • Jun 4, 2013 5:33pm Jun 4, 2013 5:33pm
Quoting CodeMeister
Don't think you need an indicator. Just make your Risk / Reward ratio 4:1 (8 - 12 pips in your case) and choose a random entry point. That should give you a 80% win rate.
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20 pips a day isn't too much to ask . . .
  • #5
  • Jun 5, 2013 1:01am Jun 5, 2013 1:01am
I am not asking for 8 or 10 pips a day. I am asking for 3 pips in profit in 24 Hours. Is there any indicator which can predict after arrow appeared.
Love for all; Hatred for none.
  • #6
  • Jun 5, 2013 1:30am Jun 5, 2013 1:30am
Nobody suggested 8 to 10 pips, you must have misunderstood. If you only want 3 pips in 24 hours, only make one trade a day.
  • #7
  • Last Post: Jun 5, 2013 1:32am Jun 5, 2013 1:32am
Quoting aahmad29
I am not asking for 8 or 10 pips a day. I am asking for 3 pips in profit in 24 Hours. Is there any indicator which can predict after arrow appeared.
If such an indicator exist, we should be all rich already.

Nothing can predict where will be the next tick.
MT4/MT5 EAs/Indicators/Alerts coder
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