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ForexScotty replied Oct 22, 2017
Thanks for looking into it!(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 22, 2017Ready for the week with the new indicator. Similar rules: Looking for flat period, wait for offset channel to form, making sure that Daily Highs/Lows and recent Support/Resistance do not get in the way of Entry Lines and Target Lines. image
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 21, 2017If you do not want the hassle of funding a SEED Account. When you reach the desired income level, just stop increasing your lot size at that point but continue to allow the account to grow. Once account doubles or triples again, then start ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 20, 2017Let's talk about money management a little. Trading a martingale is high risk. FX Rogue Wave uses such a recovery strategy. Assuming a worst case scenario where 8 trades are allowed in a sequence and those 8 trades all close in loss, thus completing ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 20, 2017Found another indicator on the Market that may work in conjunction with the daily highs and lows. Adding Support and Resistance Lines based on Zig Zag. This is not my indicator, but I purchased it to see how well it compliments my trading with FX ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 20, 2017Not a bad week - hit my goal of $150.00 per week off $1000 with .01 base lot size. image url
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 20, 2017Here is a setup for USDJPY today. image BUY entry point is outside yesterday's high SELL Target within yesterday's range If new high is created, we win. If price reverses to yesterday's lows, we win.
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 16, 2017One of the challenges I have found is starting the EA when the price range is wrong for the channel setup. I am playing with the following indicator I found here on FF. It basically shows the highs and lows of previous day. image I am thinking ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 16, 2017Did not post on Friday as was stuck in a GBPJPY trade over the weekend which finally cleared this morning. image
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 9, 2017You know, sometimes I think that I over think things. I have back test data that shows period of times with ZERO sequence losses in two years. If I just choose the pairs that have the most periods of zero losses and simply start the EA at the top of ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 9, 2017No Trading today due to holidays. Will wait for Asia open.
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 8, 2017Here is the beginning of a good trade setup on AUDUSD. Chart is calm. Previous candles are within the entry points. I will wait and watch for the price to move one of the entry lines into parity with the calm period and then click the start button. ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 8, 2017Ready for the week. Note that USD, CAD and JPY are on holiday schedule next 24 hours. image
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 8, 2017Typical charts show flat periods followed by strong price movements. 1. Look for charts that have strong patterns of price movements (Waves) 2. look for current period of calm on chosen chart. 3. Load FX Rogue Wave on chart and adjust channel size ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 7, 2017Here is an interesting indicator I found here on FF to help determine channel size. Wait for a calm period and adjust the Average Candle indicator for the number of candles of the calm period to determine your channel size. Instead of using an ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 7, 2017I enjoy trading it myself and have no illusions of becoming rich from selling my idea. But it is a good feeling to have something published and looked at from people all over the world. 2 days, 31 downloads from 17 countries. Cool stuff! url
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 6, 2017I think next week, I will start a series of videos of trade entries.
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 6, 2017I don't know if offering signals will be of any value to me. It did not score high in the poll. And it added a degree of stress to my personal trading. I may shut them down or increase the price just so folks understand the risks involved. Now that ...
(binned per thread starter’s request) FX Rogue Wave 6.0
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ForexScotty replied Oct 6, 2017In a martingale recovery system, it always wins...until it doesn't. Since the object of the exercise is to limit sequence losses, I am increases the channel size to 40 pips, I am still keeping a maximum order to 8 in any given sequence. The increase ...
(binned per thread starter’s request) FX Rogue Wave 6.0