You can place your stop loss orders about 7 or 8 pips below/above the bar and trade at the opening of the next bar. For exit you can look for the next resistance level or take profit set at least double of what your stop loss is at. Paris

Divergence trading

Hi Mike, What's the track record now for the EA. I'm especially interested in the track record of EUR/JPY. I think that one has the best track record, am i right? Where can i find the stats? Thanks, Paris

Daily95pips

A better divergence set up is a rsi period 9 with 50 level set up. And a cci period 14 with 50 center. When both indicators have divergence to the price you have an accurate trade. Also look for pin bars with the divergence to give you an 80% win ...

Divergence trading

Thanks for your answer. Much appreciated. I'll get studying. Paris

4 Hour Strategy (MACD)

This thread has been around a long time so the system must work and be consistent. I'm looking at pairs EUR/USD, cable and EUR/JPY. Does anyone have any back tests or foward tests for these 3 pairs for the past couple of years on the 4 hr. or daily ...

4 Hour Strategy (MACD)

I have the EA set on the 5 min chart GBP/JPY. It has made zero trades since the last 12 hours. I did change the lot size to .10 and the mm to 100,000. I have a $50,000 demo account. This is North Finance. It appears this EA only works on IBFX. How ...

trendchaser super ea

Thankyou all! Paris

Multi timeframe multi chart

So with the daily time frame on let's say the GBP/USD a realistic stop loss would be maybe 25 pips? And have no take profit but instead watch the pattern? Paris

Pattern Trading

Looks very good. I'm tired of using indicators as they only seem to win half the time on average. I'll get to studying this chart pattern method. I suppose I can get Larry's book " Trade what You See" from Amazon? I really like this and I'll study, ...

Pattern Trading

This is very interesting SmallDog 2 . What are your favorite pairs that you use this trading pattern strategy with. Thanks, Paris

Pattern Trading

4 trades executed with v1.5 so far. +47 pips and -105 pips with 2 wins and 2 losses. Waiting for it to hit a nice trend. Paris

Daily Stochastic Oscillator System (#2)

On the Pivot Daily indy, do you set start hour time 2 if your charts are gmt+2? Thank you, Paris

Simple Candlestick-Pivot Method

The Daily Stochastics Oscillator System in on the Trading Systems forum and you will find a thread there stating Daily Stochastics Oscillator System #2. The take profit is 120 pips and the stop loss is 75 pips. v1.4 EA has been back tested for the ...

Coin-Toss Trading Strategy

Interesting thread. I'm keeping my eye on the charts with this system. Any updates? How's everyone doing for February? We know January was a good month. any 1 year bac tests? Thanks, Paris

Simple Candlestick-Pivot Method

It's much less risky than martindale and has worked for 5 years now of pretty steady growth and 6000% profit. Paris

Coin-Toss Trading Strategy

yes, that's exactly right. Paris The trade method in the profits r up system has a 1:1 risk reward ratio and wins about 52% of the time. However the daily oscillator system strategy has a 1.6:1 and wins more than 70% of the time.!!! It doesn't get ...

Coin-Toss Trading Strategy

How about using binary equation with the Daily Oscillator System v1.4 EA? It supposedly has a 79% strike rate. Paris

Coin-Toss Trading Strategy

Yes, I would llike to see a back test of all 2007 since the first 6 months was tougher than the last 6 months. A 2006 back test would really give us some info on how this system can hold up since this was a tough year when many systems went belly ...

Daily Stochastic Oscillator System (#2)

v1.2 at new york time now has stopped out 3 days in a row. -225 pips. Let's hope the new EA performs better. Paris

Daily Stochastic Oscillator System