S&P500 Coming in strong today. EA took a short, stopped out and then took a long position that played out well. Done for the day. image

Trading Initial Balances and EA

Today's S&P500 futures trade. Price broke out below IB, I think it may have trapped sellers because it almost reached IB high and if you look at the daily chart, price broke by a few pips previous highs. I exited early before Powell's speech just to ...

Trading Initial Balances and EA

Yama49, thanks for downloading the EA and taking the time to back test it. I appreciate all and any feedback. So, let me address your message: 1. Fixed stop loss: okay, would it be a RR % stop loss or a pip amount? 2. % Lot Size ...

Trading Initial Balances and EA

Hey Blam, I'm trying not to trade on days with high impact news. You know beginning of the month is full of them, but I will try and continue to post screenshots when I can. Below is a current open position on S&P500 futures. Price bike above IB ...

Trading Initial Balances and EA

Personally, I let the SL, trailing SL or TP take care of themselves. Today, the position was left open because neither the SL, trailing SL or TP were hit. But you can try it out as you wish and see what works for you.

Trading Initial Balances and EA

S&P 500 and S&P 500 futures a bit choppy today at the beginning. The EA took a short position first, then stopped out and opened a long position right away as price briefly traded above the IB. That long was stopped out. The EA is programed to take ...

Trading Initial Balances and EA

S&P 500 and S&P500 futures keep trading lower. IB EA took a short today, that almost got taken out (SL is set at IB high) but I got stopped out with trailing stop. Done for the day. image

Trading Initial Balances and EA

GBPUSD has been just ranging for the past 8 or so days. image

Auction Market Theory and Market Profile

Another good day for the EA on the S&P500. I closed manually early in the morning but there was more money to be made. image

Trading Initial Balances and EA

Hmmm so it's a few indicators and then personal preferences. So I'll leave links instead: Initial Balances Indicator: url Set to your time zone and market preference. You can choose Asia, Europe and US sessions. Market Sessions: url Again set to ...

Trading Initial Balances and EA

Sure, what exactly do you need?

Trading Initial Balances and EA

Sure, shoot me a DM for the indicator!

Market Profile and MT4

Sure, shoot me a DM for the indicator!

Market Profile and MT4

Pretty interesting day for the S&P500. Still trying to close that gap above 4400. Here's a TPO chart with individual sessions and 30 day volume profile on right side. image

Market Profile and MT4

Pretty interesting day for the S&P500. Still trying to close that gap above 4400. Here's a TPO chart with individual sessions and 30 day volume profile on right side. image

Auction Market Theory and Market Profile

Today's S&P500 futures trade. Trailing stop loss triggered, trailed and stopped out. image

Trading Initial Balances and EA

Thanks makingmoves! Yeah I was actually reading earlier this week about the Volume in the IB and how that will signal in a way if the day will range or trend. The difficult part is creating an expert advisor around a market profile indicator.

Trading Initial Balances and EA

Today's S&P 500 Futures short after breaking out of IB. Trailing stop closed it early, but still pretty good profits made on this trade. Done for the week! image

Trading Initial Balances and EA

Here's trading today's GBPUSD initial balance on the NY session. U.S. CPI news brought the price down below yesterday's low of 1.22672 and I manually entered a short position at IB low with target around 1.22000. image

Trading Initial Balances and EA

So I tested this on Nasdaq and Nikkei but it does better on S&P500. I tried on WTI, not bad but needs a lot of over sight. I use it now on GBPUSD, but I also like to combine it with Market Profile.

Trading Initial Balances and EA