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vFormation Display v1.1.ex4
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Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies
Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies
MY SYSTEM - "The Haribbon System" 15 replies
Disliked{quote} ChicagoRob, are these results using the EA posted on this thread? I would suggest you to trade manually on a demo for a few days on D1. The results will be better than what you have had so far.. Also, watch the youtube videos of Paul to know where to put the stops and/or attach trailing stops if you prefer to do so..Ignored
DislikedI'm of the opinion that few if any strategies can work in isolation. and think that some corroborating means to support a potential trade needs to be present also. The V system is no different in that respect so far as I'm concerned, which means blindly taking a trade solely on the appearance of a V will lead to more disappointing trades than not. How any trader adds an extra layer (perhaps 2) to support an entry is really down to the individual, using whatever method they are accustomed to and are comfortable using. After all that, then realistic...Ignored
DislikedShorting EJ now on a small position single market order in case my pending set of 3 shorts at a better price miss the bus, ref w1 @ d1 analysis which includes my own V interpretation of what I like to see. I'll update if anything worth reporting ie stop out, TP adjustment, add-ons etc. It's impossible to say for sure how any trade will pan out, the important thing is though to repeat what has been proven to work! It's likely to be a lengthy trade duration and patience is required. I note most here appear to prefer to trade m1, m5, m15 using ea's....Ignored
Dislikedhow do you work out your TP levels,landmine? I find it one of the hardest things to do...Ignored
DislikedThought I would share results from using this EA last week, thanks to ChicagoRob for pointing me here.... just default, several pairs, 4 hour time frame. Have added daily to the demo for this week. Cheers {image}Ignored
Disliked{quote} Hi. They are pretty impressive set of results. Having seen others' results on this thread I didn't hold out much hope for this system. I will give the EA a shot and see how it goes for me. I am reading from your response that you just used the EA as it came and did not really play around with the settings. Please correct me if I am wrong. Thanks for sharing. A.Ignored
Disliked{quote} A brief update. The set of 3 pending shorts triggered, which means I have 4 trades open which includes the initial market order. No real market momentum to the downside yet to speak of, but looking more promising. I've no reason to tinker with these trades. my intention as always is to give them a chance. I knew my risk beforehand which was acceptable to me, and that is still the case. If tp1 is achieved, then I'll adjust. As I mentioned, this was always likely to be a lengthy trade, and I accept it doesn't suit many, but for me it is very...Ignored