Hi, joyny! There are some gold around (working strategies). For example Laura's Roadmap thread. Very good, well explained, profitable, logical, from real trader. But other 99% here is a "magic" bullshit around "feelings", "brains" and unstoppable ...

The brutal truth of day trading

zoheb01 Joined Aug 2016 It only took you 5 years to found ALMA indicator that was developed by Arnaud Legous and Dimitrios Kouzis Loukas in 2009. My congratulations!

6 Less Lagging Moving Averages + 2 New MA Indicators

Stop searching for holy grail, start watching youtube videos with trading secrets

Stop searching for the 'Holy Grail', work on yourself!

The topic is incorrect and contains a logical error. Strategy can't be good if something is wrong with it. It is not good then. So it must be like this: I have a bad strategy. What can I do?

Good strategy but something's wrong

They need to have some time to draw a lot of random lines on the charts! They need a lot of preparations. Lines must have different colors, thickness. Also (since they can't program any simple EA of 5-10 years of successfull trading) they need to ...

In One Sentence - How Do You Trade?

It was a joke we were trading live those spikes*. * Not a single square was damaged. No single line drawn.

The brutal truth of day trading

Square? I thought everyone draw lines. Lines is the key? No? Where is Peter? We need to tell him there are squares, rectangles, triangles and even circles to study. Hurry up! The holy grail is very close!

The brutal truth of day trading

Demo with 7$ per lot 25% more profitable than Live with 5.5% per lot. That's why. Traders are competitors. Forget all that pink snot. If that "new" trader will lose that mean that someone will win some. Money doesn't grow on trees, there are ...

Good strategy but something's wrong

I think the main problem of all the EAs around is lack of mathematics and real research. What we have? Averaging against the trend? Stop losses? RRR? Martingale? Most of EAs even don't have dynamic lot sizes, tps and sls. Hope and pray. We don't ...

What's Your Opinion on EAs and How to Approach Them!

There is no sense in your measures. There is no difference between 5 decimals, 3 decimals and stocks. The point is $/per distance. As I understand you still (maverick2017 Joined Jul 2013) can't understand it. Sorry, but I can't help. This is too ...

The brutal truth of day trading

No. Why I should? In 19 century there were a lot of things we don't have to know in 2021. For example how to use horses. I use a car. And I use points from mt5. And I'll never use mt4, windows 95, horse and sword.

The brutal truth of day trading

Patterns appear (fixed) ONLY when you see historical data on your charts. That's the brutal truth. Even 0.1 lot, your lot, can reverse the market. And you must trade incomplete setup, yes or yes? Then it is NOT the pattern YET. I just can't ...

The brutal truth of day trading

image USD CHF is 5 decimals. ATR is 28 USD JPY is 3. ATR is 25 Just check first 2 numbers after the zeroes. I have created little script for tradingview. It shows pair name (or any text you want) and current ATR (21). I don't know how to clean it ...

The brutal truth of day trading

Money makes the world go round. Why does not help? People send money to brokers, brokers pay salaries, pay for servers and data. Traders post on forums, forums earn from advertisement and so on and so on. Some buy VPS, indicators, EAs. Some pay to ...

The brutal truth of day trading

Sorry I don't know what pips are. As I understand it is old mt4 standard. I'm trading using mt5, so there are no pips. There are points. 1 point for EURUSD = 1$. For 4 digit pairs or for gold for example you have to calculate them separately. I'm ...

The brutal truth of day trading

To get RR 1:1 it is 75 TP (real 69.5) and 64 SL (real 69.5 too). RR 2:1 is 150/72 But 150 is too big as for me. Also it is good to check swap rates. Bigger rate = that direction is ok. For example swap for long is -2.1 for short is -1.3. Then it is ...

Simple easy LOPEN strategy (eurusd)

Want to add some and modify the strategy a little. So the rules are: 1. Draw Asian Session High and Low lines at 09:59 broker time (ICMarkets) and at 10:03 place buy stop and sell stop at them. 2. Wait will 10:50. If not triggered remove all. So we ...

Simple easy LOPEN strategy (eurusd)

Hi, mladen! You made a lot of great indicators. Thank you very much! You are, for sure, know everything about them. I want to ask you a question. As I see the market on Forex is highly related on sessions. And late night/ early morning data is ...

Mladen's Digital Kahler's Indicators (MT4)

EURUSD has 5 digits after dot. 1 point = 1$. So if you set 75 point TP then you will get 69.5$ profit (if trading 1 lot). 5.5$ will be the comission paid. To get RR 1:1 you have to set 75 TP and 64 points SL. I'm not using ATR as distance like ...

The brutal truth of day trading