Brilliant trading, BillYon!
Cheers,
k
Cheers,
k
Maybe easier to see/understand for a new guy.
maybe
blue circle- candle that triggers entry after it's close
Red arrow- Candle order was triggered
Red x- Trade exit
Entry based on HA (Heiken Ashi) bar close countertrend after a PTZ (Possible Transient zone)
Exit based on 1st HA bar close in reverse of trade direction. Exit as soon as bar closes NOT based on HA close price.
Higher timeframes Have longer runs and less whips
Can use a lower timeframe to exit if you like. Especially if you are in great profit. Let the profits run and take the losses as they come.
Trade during higher volume session if using lower time frames.... test it out. I like the higher timeframes 4hr and over
maybe
blue circle- candle that triggers entry after it's close
Red arrow- Candle order was triggered
Red x- Trade exit
Entry based on HA (Heiken Ashi) bar close countertrend after a PTZ (Possible Transient zone)
Exit based on 1st HA bar close in reverse of trade direction. Exit as soon as bar closes NOT based on HA close price.
Higher timeframes Have longer runs and less whips
Can use a lower timeframe to exit if you like. Especially if you are in great profit. Let the profits run and take the losses as they come.
Trade during higher volume session if using lower time frames.... test it out. I like the higher timeframes 4hr and over
Solutions ONLY!!!
- | Joined Jun 2014 | Status: Invisible | 1,484 Posts
What can be added to make this a system? Some sort of candle color change audible/ email alert News Indicator to avoid major events FFcal Auto money management / risk calculator for quick lot selection when placing order. Measuring from entry trigger to the opposite side on the PTZ Choose your session and work it. Look at other pairs for entries. Basket trade with this setup EA creation. So there it is. I will be privately testing things out. Any new ideas/concerns? please share! Peace!
