Not sure about spotting valid setups. For example, in this EURCAD M15 chart, would it have been ok to take a trade as identified on this chart, at the bounce off the H1 TMA? And what about the next bounce off the M15? The H1 slope says it's -0.27 so ...

Extreme TMA System

After a series of unsuccessful trades on the H1 TF, switched back to H4, and yesterday took a trade just at the end of day, confirmation after initial cross. If it manages to break through TP1 and its short-term resistance, I'm pretty confident ...

Trading Made Simple(r)

Hi Fxent, so to recap your entry signal is when the green histogram crosses the blue signal line? I've looked at your screenshots, but sometimes it's not clear what triggered your entry, or where it triggered exactly. Also, the use of the 21 MA is ...

Building a trading system with a high daily return

So after a few days of demoing this method, here are some results: 29 trades (I switched to using 3 units per setup during this time). Out of those 29, 13 ended up in negative pips, the others were BE or some TP hit. (Technically 55% WR but ...

Trading Made Simple(r)

Hi alphadude, quick question regarding your strategy on USDJPY. When you say you tested with no stop loss, but exit on opposite signal, does that mean for example if after the first 2 hours of the day, price breaks above that range, you take a long, ...

Trade another day through Systematic Trading

So I've started demoing this method, on H1 because I want to maximise the number of trades / signals before eventually moving on to live. Ideally I think that H4 will better suit me in the future, so this is like a temporary stage. Anyways, things ...

Trading Made Simple(r)

When I back test manually, I do a whole year on the time frame, usually H1 and H4, and in this case only H4. I switch to random pairs, meaning I don't have a specific pair I want to trade it on, and choose random years (in the past 10 years). So in ...

Trading Made Simple(r)

Following up on my previous post a few pages back, I've spent the past few days manually back-testing this method (instead of using the EA), and indeed the results are quite different. I applied the 3 units method described in post 1382, and ...

Trading Made Simple(r)

Out of all the points mentioned above, the only one that I can absolutely confirm is the 2nd point, where all the indicators validated a cross-over trade. On purpose, I had a purely mechanical approach. To see if intrinsically the method had an edge ...

Trading Made Simple(r)

Hi Robinhood, I came across this thread recently, indirectly because I was reading SwingMan's thread where he posted some indicators. The past few days I have studied your method, and after some manual backtesting that looked promising, I coded up ...

Trading Made Simple(r)

Hi everyone, so I started reading this thread, haven't gone through all the pages far from it, but still there's something that needs to be cleared up for me. As the rules are very simple and straightforward, I tested them in an EA that I made, and ...

Simple H4 Mobile Trading System

Hi George / everyone, As things seem to have calmed down around here (I mean after the troll fest), I’d thought I’d introduce myself. I’ve been following the thread since it had 3 pages, so pretty much from the beginning. At first I must admit I was ...

Price action at the core / tma intra day

Why bring up posts / thread that date back 3 years? Why suddenly take action now?

High Level Accuracy Method With Little To NO Draw-down

I just added it to a chart, and in the editor it says that variable 'smain' is not used. Do you know why it was added in the first place?

Best Trend Indicator

Hi all, quite new here and I've been glancing at the daily charts on my watchlist, I'd just like to see if the following would be considered a valid entry, on USDJPY:

Monthly Profit - Daily Trading using SMA

Personally, I think that regarding reasons it is hard to be profitable trading, the "it's my broker's fault" one represents less than 1% of the real reasons. Actually bringing it up as a reason might actually be counter-productive. It leads to ...

Who makes real money from forex?

True, the psychological mindset is very different between a demo and a real one. Not to say that demo is useless, quite the opposite in fact. However, a good way to overcome some of the psychological hurdles when switching to live is via algo ...

I plan to quit forex!

I agree with the fact a strategy robot removes a lot of the emotional pitfalls you might fall into on a discretionary level. However, you can't say "every strategy is good". Not all are good, because simply some don't have an edge. And having an ...

Is Forex reliable?

Hi Ben, Are you looking for the indicator to alert an a specific candle lookback (ex: the 9th candle), or the highest high in the past n candles?

I will code your EAs and Indicators for no charge

[quote=kevinsiek;11686079]is this a good opportunity? because i'm new to this strategy please let me know if this is good! thanks Hi there, The way I see it too, it's a pretty good setup

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