Disliked{quote} If that line above the price is the 200ema, I think neither of the last four entries are valid, as tne 200ema es between toy trade and your TP....Ignored
you got that spot on.
Trading is SIMPLE not EASY.
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Disliked{quote} If that line above the price is the 200ema, I think neither of the last four entries are valid, as tne 200ema es between toy trade and your TP....Ignored
Disliked{quote} not sure about your calculation here is how I calculate 12 (day) * 5 = 60 (week) as there are 5 trading days in a week. 12 (day) * 20 = 240 (month) as there are 20 trading days in a month on avg.Ignored
Disliked{quote} 1) there is 200 MA in front, so these trades are skippable. however if you follow the rules and put buy stop at the top of the wick of the candle, none of the trades would have triggered on the next candle, after 24 hours all pending trades are cancelled on daily chart. hope that clarifies some of the rules.Ignored
Disliked{quote} Yes, my first assumption was wrong, what do you think about this one? I' think that the trading days on a month are 21 on avg and not 20. The calculation is: 365(day/year)/12(month)= 30,416 days in a month 30,416/7(days/week)=4,345 week in a month 4,345*5(trading days in a week)=21,726 trading days on a month... so more or less 22 If we want to consider some extra days of market close (christmas, etc...) I think we can use 21 instead of 20. What do you think garfield? (sorry for my poor english )Ignored
Disliked{quote} Hmmm, on my chart EMA200 is located on different place. {image}Ignored
DislikedHey guys, I've backtested 2013's EURUSD Daily and unfortunately this are the results: 2 Losses 7 Break Even 0 Wins Am I right or am I missing something? {image}Ignored
DislikedOk, thanks for the answers garfield. I attach 3 more graphs. Two of them are trades taken today, one loser (UJ), one still open, now at BE (GU), and the third one is not a trade, it's only an example to make one question. In this last graph (AU), if we had entered where I point in the blue vertical line, we may have reached TP later, but if I understand the system, then there is no more trigger signal to reenter, as there is no change from red to green and we don't profit a beautifull uptrend..... {image} {image} {image}Ignored
Disliked{quote} Which are the 2 positive? Can you post a chart so I can compare it with mine? Many thanksIgnored
Disliked{quote} , none of the trades would have triggered on the next candle, after 24 hours all pending trades are cancelled on daily chart. hope that clarifies some of the rules.Ignored
Disliked{quote} I do understand, relatively if trade is not trigered within next candle after (next 4 hours) the pending orders is cancelled....?Ignored
Disliked{quote} Here it is, White line = breakeven Red = Loss Green = Profit {image}Ignored
Disliked{quote} On a very first view I've seen that you dont include week end data (i.e. sunday data) in your monday candle as I do, in addition, I've seen that your 12.26.9 MACD is different from mine, maybe due to week end data... I'll retry without Sunday data and post as soon as possible.... In your opinion is correct to discard sunday data from charts? thanxIgnored