I have tested this with a few different settings and that is the beauty of it, that you can still make it individual to yourself regarding time frames, pair traded, and stop placement. But, on 1 test I had 98% winners of 3 years of trades. I think ...

Help with Indicator, EA or even Trade Manager

Anybody willing to help? Please?

Help with Indicator, EA or even Trade Manager

Thank you thank you, I give it away by using the same name don't I? (I use the same name on all forums)

Daytrading/scalping with high leverage - my proven strategy

Hi everyone, do you think anyone could make an indicator or EA that could alert when the TMA on the next higher time frame is angled either up or down and the TMA on current time frame pulls back and crosses the other TMA outer band opposite the ...

Daytrading/scalping with high leverage - my proven strategy

I just realized what I wrote is what you basically wrote Erebus. Funny how watching price move for so long made us go to the same place. jt

Daily and H4 engulfing price action

In regards to JayPipin suggestion what you can also do is: If you are going to change things a little, I would suggest once it breaks out, you put a fib on extremes (this changes real time so you have to watch it a little) and let it retrace to the ...

Daily and H4 engulfing price action

Thanks AndyG, I really like this spread sheet. jt

Daily and H4 engulfing price action

Thanks again AndyG. The only thing that gets in the way is the potential drawdown. If you could mentally ride out 5 or 7 losses then you should be doing ok. It would just be disheartening if you began on a month with some losses back to back. ...

Daily and H4 engulfing price action

Do you think anyone could make a MTF candle indentifier to help do the backtests?

Daily and H4 engulfing price action

Nice backtest AndyG, good work and thanks for the time you spent on it. Looks like key is to diversify a little between pairs as well a dont risk a fixed % per trade. Keep the risk the same depending on account size regardless of what size the setup ...

Daily and H4 engulfing price action

You can also use good pins or long wick candles for the setup candle. You can also go from 4hr as your setup and drop down to 1hr for entry. Pretty flexible if you pick a good setup.

Daily and H4 engulfing price action

Yeah I am not too hung up on it either, it should be a strong move either way.. AngyG, have you backtested this? jt

Daily and H4 engulfing price action

Any updates on the system by others?

Fibonacci Makeover - Trade once a Week

Yeah I get a rejection/longwick candle. I don't know if different brokers have differenty daily bars... but

Daily and H4 engulfing price action

Seems pretty simple, thanks. I think the real thing going for it is the potential risk reward. As an engulfing usually means a strong move has just begun so you should be able to catch some good trends. I wouldn't take the 1:1 RR, I'd stretch it to ...

Daily and H4 engulfing price action

Probably should post this in another section if you are not providing a system.

99% Quality of Testing

Keep it coming. For a indicator based system, I like this one. More so on the 4hr charts though. jt

Hybrid scalping system

Thanks for the share, Can you please post all the indicators Spudfyre? Thanks, jt

The Forex Trend

Good work thanks Felixfx, as mentioned it is good to see live trades posted and not after the fact. I will be watching as I am sure others will be, so I hope you continue. jt

DailySniper