always draw trendlines
There is no Magic Moving Average - You need only one 1,114 replies
Demo contest only - 20 pips TP and 20 pips stop - Any TF 51 replies
I lose 40 pips and win 6 to 10 pips... 17 replies
Need Script/EA can only generate Magic number 5 replies
spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies
DislikedI understand your explanation but how does this fit into the context of this strategy?If you go for 5 pips you only have a 1 pip risk?Ignored
DislikedI can make 5/6 pips all the time-however when I take a loss I stay in the trade too long and give back 10-15 pips each time. I know you said no stop loss but I do not feel safe without.Please advise.Ignored
DislikedAbout SL - one year ago - Tk5 said : "Hey nation, I commented about stop-loss thing in earlier posts. I repeat again. I manage Sl manually since m15 is volatile timeframe. However, you can apply SL over/below last HA candle of opposite color as shown below: {image} In general, range of SL is up to your account equity and position size." Please , try to read and study the whole thread, before asking so simple questions. Thank you.Ignored
DislikedThanks TK5. i have tried these approach on my demo after following these thread from last year.Nov.i had to register to b member of Forex factory jst bcoz i want to reply to ur thread.i have put 68 trades so far.35 of them without looking at the position of Ema 200 BUT ONLY RSI. 30 wins average 4-6 pips each.33 trades observing n following EMA 200 and RSI i.e long when above EMA 200 and in the region of 30 at RSI and vice versa at 70 RSI and below EMA 200, after i see the said set up and amazingly i had 33 wins i.e 100%.trading has never been made...Ignored
DislikedSince today it's impossible to trade ( due to dear lady Yellen/FED ) , I dedicate a bit of time to my favourite thread. In effect , Ema200 and Rsi work well together , BUT often the position of Ema200 does not allow the opening of operations that turn out to winners : so we lose opportunities of winning trading . Therefore, it depends of trader's style : few safe operations , or more trades with a bit more risk ? There is also another solution : replace Ema200 and Rsi with other filter-indicators. I did some tests , and if you want I'll give the...Ignored
DislikedYap i agree with you redoktober,its difficult for trade to obey 200EMA and RSI rules according to tk5 strategy most of the time they run opposite of each other, its rear to get trade using solely the 200 EMA ans RSI as stipulated by tk5 in fact i have only come across a few over some months but they all turned positive.we need to have another indicator I think so to.Ignored