Hi emmanuel, Would you mind explaining a bit more about this? I mean the dynamic cut-loss, and equity protection. To what extent and how would that prevent the drawdown? I did similar backtest. I think the result is contingent on whether one get ...

Trading Made Simple

Hi pips29, Would you mind discussing a bit on the EURGBP trade? I really have no clue. I see that this is a trade of 34ema but are there any larger TF picture reasons you are looking at for this trade? Also, is it now a good idea to sell EURAUD? A ...

A very simple system - trade with arrow

Would you discuss a bit more on how the dark blue line is drawn? To me, it is a higher TF s/r, and only a ballpark estimate. So lower TF PA is noisy around that s/r, and I would expect lower TF PA around this s/r to be more or less inaccurate, and I ...

A very simple system - trade with arrow

Would you mind discussing a bit for the reasons of GU buy trade? I really have no clue, except that the entry is on the price breaking above 34ema on M15. I see that GU is facing some resistance now.

A very simple system - trade with arrow

I see that price is rejected by 34ema. Are you expecting a breakout to the downside hence the tight stop?

A very simple system - trade with arrow

Sorry I just saw the request to show a chart where there are too many lines. Please see attached the H4 USDCAD chart. I mark these levels based on strong body or strong rejection wick. You can see it's quite clustered. Edit: at 12:00 when the H4 ...

A very simple system - trade with arrow

Hi pips29, Would you mind explaining a bit more why taking the short. From my view, last daily candle have a long bullish wick. H4 has just closed to red APB and still to early to short. Plus the trade is straight into a 200ema on H1 and some s/r ...

A very simple system - trade with arrow

Would it be possible to explain the other two preconditions? My understanding of the 2nd precondition is that price should close above some recent levels, or should not be in WRB/MC consolidation. But I am unable to figure out the third. I have read ...

Trading Made Simple

No PAC is actually a different set of backtesting. The PAC backtesting rule is the red and green arrow. The moderate backtesting rule is based on the yellow arrow. emmanuel is referring to the moderate backtesting rule. You can see that for the two ...

Trading Made Simple

Hi Malony, I think you may have misunderstood the chart. It confused me a bit at first. Emmanuel entered at the yellow arrow, not the red and green one. He has been backtesting the moderate entry TDI condition. Moderate This can be your choice, it ...

Trading Made Simple

I think it represents the asian session, london session and us session.

Trader Dale - daily trading levels

I see. Thank you very much for the chart of EURJPY, which clarify a lot on the break/retest idea.

A very simple system - trade with arrow

Oh it's my mistake...Yes it's red, so I think selling is good idea. I am wondering if you would discuss a bit on how these levels are plotted. Why are some levels plotted at the top of the wick but some are in the middle? My current problem is ...

A very simple system - trade with arrow

I agree with you on the strong rejection. But I have some doubts. From my experience often long wick is only an indication or prewarning: it might not necessarily lead to a trend change. I would rather wait until say the APB color changes to red to ...

A very simple system - trade with arrow

Hi pips29, I have two questions. If the weekly does not exhibit the indecision candles. And daily have no strong buob pattern. Would you still enter short around 110.10 based only on the wicks on H4? And if daily close below 110.10, would you ...

A very simple system - trade with arrow

Sis.yphus, I'm inspired and impressed that you are very good at machine learning stuff, in addition to your fundamental knowledge. I have a quick question. How to define the similarity between two patterns? Any mathematical representation? And do ...

Fundamental Trading

Hi everyone, I just downloaded the market_profile indicator from dale's website and noticed it's extremely slow. So I tinkered it a bit. It's faster now. I am a silent reader of the method and am very grateful for the valuable info Dale shared.

Trader Dale - daily trading levels

Hi hanover, As I start to code the EA, I try to start with the sample EA from the mql tutorial website. But I look at their code and I think the quality is not mature enough. Although I can work with it, I foresee in the future tremendous ...

Hanover replies to PMs

Very looking forward to such a development.

'Kasparov' trend following EA

Thank you very much. The brute force approach you mentioned is very useful and I will learn to code it. Thank you. I agree with your comments that coding commercially is difficult. Too many turnaround and communication issue. When I was coding my ...

Hanover replies to PMs