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- gnu9lg87 replied Apr 2, 2020
Yeah. I actually like that there are no indicators involved instead of the moving average to determine trend direction. So if you say „filters“, what kind of pure price action filters there are? I tried manual backtesting some trending H1 charts and ...
Magic 100
- gnu9lg87 replied Apr 2, 2020
Thanks. Good advice. If you say to keep focus more on price then on the EMA, and H1 needs even more practice here, what exactly do you mean by this? Like any specific price action / candle pattern that tends to work out best for this kind of ...
Magic 100
- gnu9lg87 replied Apr 1, 2020
I did not say it returned back to the SL. Just that it ALMOST did so. From the H1 chart it seemed to be there were only a few pips room left between the next candle low where price almost touched the SL of the previous entry candle
Yes, but ...Magic 100
- gnu9lg87 replied Mar 31, 2020
Nice. Do i see it correct that the SL here almost triggered by the low of the entry candle? How much room in pips has there been, looks tight.
Magic 100
- gnu9lg87 replied Mar 31, 2020
Nice. Would it be possible to have an trade management like indicator handling to set the new SL/TP with each new candle once a trade triggered?
Magic 100
- gnu9lg87 replied Mar 31, 2020
That is also just a unproven claim like „I am the best trader of the world“. Did anyone ever sitter next to BigE for all his trading and filmed it or can give you any other kind of proof that he was such type of trader? No. So why saying that?
Trading Made Simple
- gnu9lg87 replied Mar 31, 2020
There are so many more vague statements by the OP making this topic a perfect place for conspiracy theorists. It’s what I am saying all the time here. Like the poster just before said again it’s no system and also no clear described strategy. It’s ...
Trading Made Simple
- gnu9lg87 replied Mar 31, 2020
Then you trade a price bar/candle that has not been confirmed yet. For sure you can do that and under some circumstances it even makes sense I think like when trading intraday where your take profit targets are not of far distance anyways. So you ...
Trading Made Simple
- gnu9lg87 replied Mar 31, 2020
Could you share that alert indicator, would like to give it a test.
Trading Made Simple
- gnu9lg87 replied Mar 31, 2020
How do you know if it’s sideways at the time where you would setup your live entry. By looking at the past slope of that EMA as a overall by the complete left to right chart until current price action or only by looking what the EMA is pointing to ...
Magic 100
- gnu9lg87 replied Mar 31, 2020
Yes. Me for e.g :-) If you say „trend strong“ I guess you mean a well developed series of higher highs and higher lows or vice versa over a longer period of time? Or could you give some more example charts for it? The question I always ask my self ...
Magic 100
- gnu9lg87 replied Mar 31, 2020
Thanks for your help. By retracement candle you mean the first candle that closed of different color? So if price is above the 100 EMA (up) the first candle closed red after green would be considered as a the retracement candle and then after it ...
Magic 100
- gnu9lg87 replied Mar 30, 2020
Thanks for letting me know. A picture maybe better to understand my question regarding the trade entry. image Here is what i did mean. There are 7 potential BUY signals which would have been stopped out before your trade entry example comes in ...
Magic 100
- gnu9lg87 replied Mar 30, 2020
Could you try to explain a bit more in detail for what exact candle you wait to place that buy or sell order above or below the candle? Don’t understand it on your examples charts, there could be several candles for it to me. How do you achieve a ...
Magic 100
- gnu9lg87 replied Mar 28, 2020
Yes I get what you mean. When, where, what is essential but the problem I have with that is the following. Lets start with „when“. This one is quiet the easy part of the puzzle. My solution for it at the moment would be setting my self a pre defined ...
Trading Made Simple
- gnu9lg87 replied Mar 28, 2020
Again. No complains. But to me the TDI does not have to give a green light if I have to look at the chart anyways. So basically you could start with post 647 at any time you look at a chart and press the buy or sell button after you came to a ...
Trading Made Simple
- gnu9lg87 replied Mar 28, 2020
Why do you mention those trend lines? What use they have, I guess it’s only for visible backtesting? About not refreshing TDI, what if MT4 just crashes, won’t any chart be refreshed with the next start of it? If there is no better/smarter way to ...
Trading Made Simple
- gnu9lg87 replied Mar 28, 2020
The Daily is no alternative to me at the moment. What about my questions from previous posts to build a more combined alert indicator that is able to filter out most of the no-trade signals to minimize working trough a check list of subjective rules ...
Trading Made Simple