the 04.00 signal we can take it later at 07.00 but with diff RR and filter, +other TP but in anycase is risky, better clear signals
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Hey Dimdel,
I would like to ask a question about your 4 hour green red explorer. Before I ask, i will say that i have read the entire tread but i am confused which variation of TP you are using for H4. So, are you using two trades after a signal for TP1 at 200 fib, TP2 at 300 or just one trade for TP 200? I know that you move your SL to BE at 80.
hi dimdel. Would you please guide me to where the summary of your entry rule, if there is any. And would it possible to craft an ea from it?
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IMO, possible but you have to code in the rest of the rules in terms of BE at 80(160fib), not to trade BIG candles, - that is why i think other ea don't do that great.
Best, Josh
well
i dont lock some profits and let the rest order to run
why?
because i want to count each order if win/lose/zero
so if i cut one order at 161 fibo other at 200 other at resistance line etc
how i will know the winning orders what finally % profit give?
dont help my stats......
so i wait to see TP/SL/BE
{quote} Hey Dimdel, I would like to ask a question about your 4 hour green red explorer. Before I ask, i will say that i have read the entire tread but i am confused which variation of TP you are using for H4. So, are you using two trades after a signal for TP1 at 200 fib, TP2 at 300 or just one trade for TP 200? I know that you move your SL to BE at 80. Thank you and Sincerely, Joshua Hope
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hi joshua
i use in default fibo
0=sl
100=entry
300=tp
180-200=BE
{quote} hi joshua i use in default fibo 0=sl 100=entry 300=tp 180-200=BE
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hmm... '300% is the TP', I think I've read some post before and you're stating that price don't often reach 300% Fibonacci but rather 200% and 150~161.8% is the BE, am I missing something?
come on guys .... please use your brain .... take profit where you feel comfortable ... 200-300 ... profit is always profit and welcome !!!... you better look were to enter not only where to exit .... its a great and simple system easy to use ... enjoy and have fun !!!! Thanks
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TP and SL is part of every system,good system with not proper tp sl can be unprofitable
come on guys .... please use your brain .... take profit where you feel comfortable ... 200-300 ... profit is always profit and welcome !!!... you better look were to enter not only where to exit .... its a great and simple system easy to use ... enjoy and have fun !!!! Thanks
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I don't know how long have you been on market but this is the biggest trading mistake.
