A strategy even if it is a good strategy it is only as good as the person trading it has discipline.
In order to remain disciplined the trader has to have faith that the strategy is actually profitable.
There's real hope for this one.
I think I can be faithful to this one.
Sheesh...
It's very simple.
I'm only looking for a quick 5 pips on the 5 min in the EURUSD.
The set ups can be 2 or 3 times during London and New York.
That's more than enough for me. 15 pips per day... I'm very, very happy.
Let the move go to the moon. I don't care, go without me.. 15 pips a day is my target.
It will work nicely in a busy and active market.
ADX 14, CCI 14, SMA 20
For BUY...
ADX
The first signal is on the ADX then it is confirmed on the CCI and SMA 20.
ADX yellow line crosses up from 20 or very near 20 (new trend beginning)
and green ADX crosses red ADX.
CCI
Confirmation crosses above 100.
SMA 20
flat or up prices above SMA 20
TP 5 SL 20 (The SL should never be hit... This identifies momentum... and should be good for a quick 5 pips)
Opposite for SELL...
So it's just a matter of being patient and waiting for the setup.
Here's the template if you want to give it a go.
And helpful CCI indi with sound alert.. arrows and coloring.
Also a training expert adviser that simulates market activity for any given day(s) in the past.
*Disclaimer: Please do not use a live account. Fully test any strategy out on demo and get it to actually show a profit before putting any of your precious funds into it.
*Warning: If you come onto the thread just because you're bored and have nothing else to do and your only business is to aggravate the traders you will be ignored. I spent far too much time recently going back and forth with a complete nonsense. One second is too much time.
In order to remain disciplined the trader has to have faith that the strategy is actually profitable.
There's real hope for this one.
I think I can be faithful to this one.
Sheesh...
It's very simple.
I'm only looking for a quick 5 pips on the 5 min in the EURUSD.
The set ups can be 2 or 3 times during London and New York.
That's more than enough for me. 15 pips per day... I'm very, very happy.
Let the move go to the moon. I don't care, go without me.. 15 pips a day is my target.
It will work nicely in a busy and active market.
ADX 14, CCI 14, SMA 20
For BUY...
ADX
The first signal is on the ADX then it is confirmed on the CCI and SMA 20.
ADX yellow line crosses up from 20 or very near 20 (new trend beginning)
and green ADX crosses red ADX.
CCI
Confirmation crosses above 100.
SMA 20
flat or up prices above SMA 20
TP 5 SL 20 (The SL should never be hit... This identifies momentum... and should be good for a quick 5 pips)
Opposite for SELL...
So it's just a matter of being patient and waiting for the setup.
Here's the template if you want to give it a go.
And helpful CCI indi with sound alert.. arrows and coloring.
Also a training expert adviser that simulates market activity for any given day(s) in the past.
*Disclaimer: Please do not use a live account. Fully test any strategy out on demo and get it to actually show a profit before putting any of your precious funds into it.
*Warning: If you come onto the thread just because you're bored and have nothing else to do and your only business is to aggravate the traders you will be ignored. I spent far too much time recently going back and forth with a complete nonsense. One second is too much time.
Attached File(s)
cci adx 20.tpl
2 KB
|
377 downloads
cci_-_nrp_-_mtf_advanced_alerts.ex4
58 KB
|
296 downloads
Training2.mq4
15 KB
|
233 downloads
|
Uploaded Oct 21, 2016 5:10pm