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jiva34 replied Apr 9, 2017Have the four majors set up. Over the last little whle UJ is top performer. First to go out and if there are recoveries good profit. USDGBP is the next best. Then EURUSD USDCHF is the worst. Very slow to go.
Finding the right expert...
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jiva34 replied Apr 9, 2017Good strategy. So far. 100 tp and incrementally increased recovery and step Using verified color change on 14 T3
Trade management... The secret to success
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jiva34 replied Apr 9, 2017Okay giving this a whirl in the simulator.. Found this simulator. Looks great. Am checking it now. If i can get it to run. Looks like I'll have to read book to figure it out. READ THE BOOK. IT'S WORTH IT!!!!!
Trade management... The secret to success
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jiva34 replied Apr 9, 2017Keep it simple. On the day chart EURUSD look for 100 tp, 2 trades open in recovery 200, 3 trades 300 etc. using the 14 T3 corrected version enter when T3 confirms color change. All averages found here url
Trade management... The secret to success
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jiva34 replied Apr 9, 2017That would be great if someone could do it. trailing stop and tp too.
all based on ATRI will code your EAs and Indicators for no charge
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jiva34 replied Apr 9, 2017I may be looking for too much profit in a recovery trade scenario. After all the market is going against. For every recovery opened 1 ATR. Example.. .01. .02, .03, (up to this point a standard martingale progression) then .04, .05... .01 tp 1 atr, ...
Trade management... The secret to success
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jiva34 replied Apr 9, 2017I've been trading this expert semi automatic with terrific results But it is too much to be chained to the monitor for hours on end. With a few modifications this expert could do it all. I can cut and paste some things for coding, but this is way ...
I will code your EAs and Indicators for no charge
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jiva34 replied Apr 9, 2017Using the day for trend, trade on the 4 hr... it is a good strategy. Only thing is it took 12 hours to complete which means all night here. So no sleep? It has to be monitored. There is an expert that almost does this already. But it needs ...
Trade management... The secret to success
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jiva34 replied Apr 9, 2017This is where increasing the step size as well as position size for recovery orders works to reduce drawdown.. Still the drawdown for this was 703... that's a little steep for me. I like the day chart because set it at the start of the new trading ...
Trade management... The secret to success
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jiva34 replied Apr 9, 2017Only took a little from a long run. But that is the way the strategy is set. Can always find another pair to trade that is not trending.
Trade management... The secret to success
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jiva34 replied Apr 9, 2017So far i am not finding a messy one.
Trade management... The secret to success
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jiva34 replied Apr 9, 2017Set up on two charts or else two different accounts. While one is playing out there may be a signal in the opposite direction. In the same account managed separately... it would act a hedge to lighten any load on drawdown..
Trade management... The secret to success
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jiva34 replied Apr 9, 2017this cold have been the messy one I'm looking for. But it retraced just enough to hit the profit target before breaking out to the downside.
Trade management... The secret to success
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jiva34 replied Apr 9, 2017Looking very good. Still waiting for a really messy one.
Trade management... The secret to success
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jiva34 replied Apr 9, 2017Okay here's one that took a recovery trade. There's more in the trade but it wouldn't always be the case that the trade continued in the desired direction.
Trade management... The secret to success
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jiva34 replied Apr 9, 2017In this case also the profit target was reached no need for a recovery trade. +65 pips.. This is looking good. I want to see the messy ones though...
Trade management... The secret to success
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jiva34 replied Apr 9, 2017For example, this is the day chart... In this case no recovery trade was needed and profit target 1 ATR was reached. =+64 pips
Trade management... The secret to success
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Trade management... The secret to success
Started Apr 9, 2017|Trading Journals|27 replies
In this thread I'll be looking at trade management. Position sizing, limit orders, and ...
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jiva34 replied Apr 9, 2017Hi. I check every day before the market opens if prices are closed above or below 10 lwma on the 4h.. Then go into setting for the expert and set it.
Finding the right expert...
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jiva34 replied Apr 8, 2017Here's the set I'm using EURUSD, 21 is the market open for the broker's GMT... Have the four majors set up like this on separate accounts. Just an idea. I'll be testing it. Giving YPY immortalis a break. So slow in the tester. It's been running 2 ...
Finding the right expert...