Yes, but the wise action is to run as fast as you can and find another instrument to trade.

Spike indicator

This is not a question of how 2 bars behave. This is about having a series of bars with big spikes. You can buy Long, and suddenly a big spike take out your stop loss. And visa versa. You can then make another trade, and the same thing happen. You ...

Spike indicator

This was just my idea and anybody who want it can take it. I can code that bit myself in 10 minutes, so there is no need to pass it to anybody. Look at this screenshot. Would you trade that?? That spiky situation is some time typical for a range. We ...

Spike indicator

They are not done yet. After last post the profit have been more than 4% of the account. But I let them run.

Trading Made Simple(r)

Thank you :-)

Spike indicator

OK. Once again this morning I were up 2% gain of the account balance and now it is negative. It happens too often. This week was really just to get going with this strategy. I should get my new trading computer this week, so from Monday I start up 3 ...

Trading Made Simple(r)

Super. It is very clear. We should be able to make profit using the method of RH. And I also believe that. But of cause we must improve - as we always should. I look forward to my testing and to imply my own toolbox which is quit comprehensive.

Trading Made Simple(r)

Please be more sharp. The question is: Did you develop a method for traders to be profitable or do we have to add our own confluences? That is what nmuscles ask. If so, then he ask people what they do to make the method profitable.

Trading Made Simple(r)

Let me explain why I excluded the posts above. If people do not understand what I write - it is ok. But when they call me a fool then I will not listen to them. They should use their time somewhere else. My time is to valuable. I will not use it on ...

Spike indicator

This method is from Robin and if he can be a winner with, then we should also. I think that Robin is the one to answer your question. Because the method is straight forward. I wait to trade a signal until the value has passed the close of the former ...

Trading Made Simple(r)

I do agree. It seems that some very few can learn from him. The majority cannot. I for once cannot, and i never thought i could. I followed him for a while because we are from the same country and because his telegram Channel and YouTube videos are ...

Trading Made Simple(r)

But if you get into a long trend - say 15 bars, then you can add on for at least 10 bars if they are positive. Maybe a volume indicator should be part of the signal. Trader Tom - is his nick name. You can easily find him on Youtube. But be aware, ...

Trading Made Simple(r)

I know a trader who is a multi millionaire - made by trading, and that is proofed. Add on is a vital part of his strategy. He has a Telegram channel where he trades live - with a Hugh amount of real money for everybody to watch and it therefore is ...

Trading Made Simple(r)

So watch the pair for signals at H4 or D. Take the trade at H1. And add on at M15 whenever it is still trending. Hmm - I am trying out the RH strategy on demo this week anyway. Why don't I try it out!

Trading Made Simple(r)

I have a theory about adding to a trade. I even built the robot to handle it. But never had the time to try it. It goes: You take a trade with all the normal signals. But this trade need to be a bit more certain than normal. A good continuing trade ...

Trading Made Simple(r)

So I am beginning to trade the RH strategy now. However I am a fan of the Smoothed Heiken Ashi because: You can still se the original bars and The trend is even more obvious than at the normal HA. I have decided which pairs to trade this week ...

Trading Made Simple(r)

Thank you very much!

Trading Made Simple(r)

Oh I see, you are using TradeView. There is no mt4 indicator that can do this. However, it is possible to program an indicator for mt4 using the iCustom function. Anybody who want to do that??

Trading Made Simple(r)

So, all I do if I am looking at the 4HR for a trade is make sure the Yellow Daily RSI is above/below the 50 lines. Very interesting. How do you put a Daily RSI on a 4 hour chart??

Trading Made Simple(r)

I normally read all posts before I comment, but this thread is huge. And also special because the thread starter is still present and very active. Thank you for this work. I normally is a disaster when trading manually, but this system could be a ...

Trading Made Simple(r)