NEVER let it run against you 100. Here are your options. 1). You can set the SL and accept the loss when/if it happens (don't hedge). 2. You can place another pending order at the opposite trigger instead of a SL. At this point, you have another 3 ...

Billytt Die happy trading e/j daily breakout

Hi SM. I just wanted to say I hope your health is ok. You have done SO much for people on this thread. You've "paid it forward" to so many. I thank you very much for the 3 bar fractal indicator you adjusted for me. It's helped me a lot. I will put ...

Trading Made Simple(r)

Since it appeared that all the ranges traveled over 40 pips after trigger I decided to forward test a 30 pip TP. This will give me a better than 1:1 RR on most of the trades and somewhere around 1:1 on the rest. We'll see how the forward testing ...

Billytt Die happy trading e/j daily breakout

I agree that 20 is a big range. That was kind of what made me start taking these stats. I have always used a range of between 10-25ish. I've adjusted here and there but never went under 10 or over 25.....but what I always noticed is the bigger ...

Billytt Die happy trading e/j daily breakout

Here's everything I came up with all in one post........... 08-15 GU using a Minimum Range of 20 and a Maximum Range of 40 and a TP of 10 pips. ( No Trade when price opens less than 1 pip from a trigger) 8/26/19 - 5/31/20 20 - 25 Range...... 20 TP's ...

Billytt Die happy trading e/j daily breakout

Here's a more in depth breakdown of "pips traveled after trigger" 20 - 25 Range........8 times price traveled less than 20 pips 5 times price traveled between 20-30 pips 2 times price traveled between 30-40 pips 12 times price traveled more than 40+ ...

Billytt Die happy trading e/j daily breakout

I went as far back as my MT4 would allow me. I changed the max bars to 250k and everything. I didn't know what else to do. My MT4 allowed me to go as far back as August 26th 2019. I also decided to remove the BE's from my stats and go ahead and ...

Billytt Die happy trading e/j daily breakout

Correct

Billytt Die happy trading e/j daily breakout

Man i'm getting old. I can't stay awake like I used to. I'm in process of doing some manual backtesting of the 08-15 GU using a Minimum Range of 20 and a Maximum Range of 40 and a TP of 10 pips. I'm currently at Oct 24th 2019 and I'm at 30 TP and 6 ...

Billytt Die happy trading e/j daily breakout

file

Billytt Die happy trading e/j daily breakout

R1? Which indicator is this?

Rilix Scalping System

any way you can post a link to the original system? txs.

Rilix Scalping System

I guess my chart is different than yours and Sheppy's. I have a double fail today on the 08-15. image Edit: Billy are you still letting the trade trigger first and then after your in the trade you adjust the range on the opposite side? So if the ...

Billytt Die happy trading e/j daily breakout

Txs Laura. This was my mistake. I was thinking it was the TrendStrengthRSI that they were talking about. I have the TrendSTrengthRSI, MTF Dashboard, ADR Marker, Yesterday H/L and Daily Open as the only inidicators on my charts. I will manually add ...

Roadmap - A Way To Read Markets

is it not really part of the original strategy for Forex Pairs M5 or higher? If not, I will remove mine from the template. I don't trade indices nor the M1 charts.

Roadmap - A Way To Read Markets

Oh ok. So you're not trading the billy bar in the truest fashion. You put your own "twist" on it. Sorry, I was unaware.

Billytt Die happy trading e/j daily breakout

It still would have been a loss today even if you would have added the pips. The high broke first. If you add the extra pips to the other side it still didn't matter. It would have been stopped out regardless. Edit: I got lucky today. I set my ...

Billytt Die happy trading e/j daily breakout

Here's some notes I've taken from Davit's Pivot thread. Maybe they'll be of use to someone.

Pivot Trading

doesn't get any easier and cleaner than that

Billytt Die happy trading e/j daily breakout

Just so the facts are straight. I said I don't trade on Fridays or Holidays. Not a bid deal in my opinion. Again, it's ok to disagree.

Pivot Trading