Good morning,
What TF and pairs do you recommend?
thanks
jean-francois
What TF and pairs do you recommend?
thanks
jean-francois
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DislikedGood morning, What TF and pairs do you recommend? thanks jean-francoisIgnored
Disliked... I used it on the five minute chart with SL of 20 pips and TP of 40 pips...Ignored
DislikedGood morning, What TF and pairs do you recommend? thanks jean-francoisIgnored
DislikedJosef, I was wondering about the 5min myself, could you be so kind as to upload a couple of screenshots with entry and exit...........it would be a great help to familiarize with the strategy......thanks - great job!Ignored
Disliked{quote} Hello Josef, I'm curious to know what criteria you took these trades? Of course there are many signals (arrows) ProFX per day in TF M5. If taken all during open / close London I seriously doubt whatsoever winner .... belle journée jfIgnored
DislikedI understand this is not a automated EA, it just uses email alerts. Why?Ignored
DislikedI am wondering about this too. If the signals are so clear and if it works on any timeframe / pair, why didnīt the creator automate it? I mean even the newsfilter could be automated, so I donīt see why this canīt be an EA. Or is there a reason because the backtest doesnīt look to good?Ignored
Disliked{quote} {quote} ProFx 3.0 is based on technical and fundamental analysis and while it would be no problem to automate the technical analysis part, it is not possible to create an algorithm for the fundamental part. That's why ProFx 3.0 is not a fully automated system.Ignored
QuoteDislikedThanks for that reply BUT ....
...The vast majority of traders have no idea of fundamentals so how exactly would someone trade this and filter the signals based on having to know a required bias?
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QuoteDislikedSeems to me there is a great deal of subjectivity needed here. Do you offer guidance in from of daily updates/emails regarding the fundamental situation of a pair to help the trader?
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QuoteDislikedAnd as fundamentals do not change often (certainly not daily anyway), why not automate the technical analysis part (you say there is no problem with that) and then the trader can set it to take either Long only trades or Short only trades based on the fundamental bias on the pair as this doesn’t change all that often?
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QuoteDislikedThatīs the point... I had traded Pro FX 2 a while back and it doesnīt look to different from Pro FX 3 only that it didnīt have any news hud - which actually was never a problem since there are enough sites offering news.
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QuoteDislikedHowever, I didnīt make any money with it, to much interpretation left on if to take a trade or not.
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QuoteDislikedItīs not the "100% clear entries" as advertised on their site and I doubt thatīs different for Pro FX 3 given that it looks like 2.
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QuoteDislikedOr is there a reason because the backtest doesn't look to good?
DislikedMarket conditions are completely weird at the moment. Is your ProFx 3.0 test account still alive Josef? Ciao MarkIgnored