Thanks for clearing that up. I take your point regarding ranging markets. A while ago I vaguely remember writing an EA which wasn't very profitable in long term backtesting but there was improvement when I added an ATR filter. When an ATR average ...

CCFp Cluster indicator system

Ok, no problem. In your post you said "Attached is another EA..." but I think what you mean't to say was Attached is another EA Backtest.

CCFp Cluster indicator system

Nice work Redwed. Are you going to post the EA?

CCFp Cluster indicator system

Agreed Tom81. I usually only use EAs as a guide to help in backtesting. Manual trading should help filter out some of the bad trades.

Fibonacci Expansion Trading System

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Fibonacci Expansion Trading System

Yeah, definite possibility.

Reverse Martingale Strategy

Stopped Out. As I mentioned previously it was very small trade size. Now looking at a long AUDNZD. Fundamentally it may be a bit early to long the pair. RBA is tomorrow morning so see what they have to say. If they are less dovish than expected and ...

Reverse Martingale Strategy

On monthly chart AUDNZD is at multi-year support level. Daily chart shows the pair has reached a pretty decent demand zone. In the past 9 months there have been 3 significant 700+ pip moves. If a good reversal signal occurs say on D1 chart, I would ...

Reverse Martingale Strategy

It depends on what your trading methodology is. The NOKSEK trade is just an idea to have a go at reverse martingale. I dont usually trade using envelopes and bounces away from MAs. If I have another go with this Rev. Mart. Idea I will probably look ...

Reverse Martingale Strategy

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Reverse Martingale Strategy

I have had a look at those pairs and I don't think they would really work too well. They have lower volatility than most but there doesn't seem to be much reaction at the 200Sma on any time frame recently anyway. The Sma could be changed to say 100 ...

Reverse Martingale Strategy

To help trade this method I have created 2 EAs (one for buy trades and one for sells). They consist of buttons on the screen which you click on to place trades, move SL etc. After a trade has been placed the EA will also draw a line on the chart 6 ...

Highest Open / Lowest Open Trade

The NOKSEK trade was an idea based on that particular pair which does not show much volatility. GBPJPY is a total different beast, I would be doubtful if a similar strategy would work for high volatility pairs. Your previous idea of a Bollinger band ...

Reverse Martingale Strategy

Ok good simnz, hope it goes/has gone well. Tell us how you get on. Just taken a trade to try it out also. (on very small risk) NOKSEK has recently broken above the D1 200SmaMA and is in an uptrend. On H4 chart shown below, recent price action has ...

Reverse Martingale Strategy

Liking the potential set up on NZDUSD. If it keeps moving up towards the shaded (resistance area) image

Highest Open / Lowest Open Trade

I take your point. But if you don’t trade before the news event you can avoid having to close trades which may have gone into Drawdown for a loss before the news release.

Highest Open / Lowest Open Trade