Have you ever tried to use TP of 1/2 size of outside bar? for example, the set-up has 2 bars, 1 inside bar (the later bar), the other is the "outside bar" (the earlier bar). if the outside bar is 50 pips high (High()-Low()), then use 50*1/2 = 25 ...

Inside Bar Trading Revisited

unless u used SL = TP, otherwise, your 80% win ratio is not meaningful when you consider multiple time frame. in other words, 4h's 80% win is very different from 80% win in 30m, in terms of both price action and number of pips. just my 1 cent. p.s. ...

Inside Bar Trading Revisited

Many Thanks for this great system, Bob. I never realised some great system developer showing the magic in this Rookie section. hoho. I hope that I can contribute something to your system. My thought is on the exits, if it is a concern. I'd make such ...

100 x 80 EA oh boy

A Suggestion on Filter — N...Bob: I happen to view this great thread and look through your rocking system. I have not spent a lot of time to study it over. but looks like a filter is being seeked??? a filter that can make the user determined ...

Is This My Holy Grail EA :D

BuySellBasketTotal_v3 — Not sure about this, but I'd better validate it: BuySellBasketTotal_v3.mq4 published on Oct 24 in this thread seems having some bugs. as my understanding, the indicator draw a few lines. one of them is "USD" pair's ...

Indicators development for T101's not very simple method

T101, I am shocked by your incident. You must have used a bad broker. At your capital level, I think that maybe you would consider to assemble a large capital (over 100k) and use a good broker with high entry requirement(unlike oanda, IBFX or FXCM, ...

Signals for Simplicity

i'm not being harsh. MQL4 is not a mystery, too. This is programming thread. who can explain why a .ex4 is meaningful? hoho, again, i'm just saying this for the good of most. not offensive.

Indicators development for T101's not very simple method

That is exactly my ultimate doubt. Many in this thread yelling about winning 300$, 1000$, 3000$ per day. That's no big deal really. During these 2 months, when you invest 2000$ (1.5 lot in MT4 with 200:1), isn't a simple MA system also capable of ...

Signals for Simplicity

Pipo, thanks for this indicator. However, I found that it seems it cannot capture the indicator window. please see my attached picture below. The place where Orest Indicator is now a total blank. anyone else has this problem?

Signals for Simplicity

if we think over what Trader101 repeatedly told us, it is RELIABLE when 'dislodge' happens, which means a trend has been going for a while. all in all, we have to come back to the earth: how do we know the trend is really a trend, very safe to ...

Signals for Simplicity

I guess that this Trader101 system has been diverted from the start. It may not mean what we've been hoping at all. Maybe only people with Slade-like patience :-) are able to finally grasp the system. Here are my stupid guess. I am not sure who hold ...

Signals for Simplicity

Slade's observation has been insightful as always. However, I am afraid that this correlation between EJ and ES contract doesn't imply a long-term reliable profitable trading opportunity. It is a little distracted. However, slade is the one of the ...

Indicators development for T101's not very simple method

Hi, Fortu, I have some doubts now: 1. you've done a lot of backtesting when you started this thread, what is the "model quality"? I guess the lower quality, the better performance? if so, then the profitability of this system is in question. On the ...

Scalping the EUR/GBP effectively - Forturama

FOCUS on this MAGIC by this MAGICIAN (Trader101) only!!! I not scolding or criticizing, but many people forget the fundamental why this thread here: You learn it, and you contribute to it NOT by your guess, but by what you LEARNED. I think that even ...

Signals for Simplicity

No stoploss? So this is trash, forgive my frank. The 1st suggestion to make it profitable is to apply a SL, so that the long in 2008 April is not killing the short winning till now.

Dingo System

thanks for your info and tests, so for 5/13 you have 80% hit rate, what else are you expecting, man? but in fact, 1 loss kills 3 win, so u end up with 1 win of 5 pips. right? no, it's wrong. coz 1 day doesn't count, 1 week doesn't count, but 1 month ...

Scalping the EUR/GBP effectively - Forturama

I guess that this will impress you for a short period, but kill the account fast also in a short period. the magic of this system is to allow a bigger SL vs a smaller TP to gain high winning ratio. however, we'd better not to abuse it. 8/28 is like ...

Scalping the EUR/GBP effectively - Forturama

Fortu, my simply/fast way to determine if Martingale is good: select a year, say, 2007, (i tried the other few years too.) then use martingale, i found that the losing trades of martingale are much more than winning trades. therefore, martingale is ...

Scalping the EUR/GBP effectively - Forturama

easy, a better way is limit 1 order per hour/30min.

Scalping the EUR/GBP effectively - Forturama

Roughly, just roughly, if u use TP = SL, you may highly likely to find hit rate ranged from 50%~60% sth. the ratio of TP/SL is a big trick of this system. mine is 20 tp vs 12 sl, and I found that martingale(x2) seems not worthy the risk.

Scalping the EUR/GBP effectively - Forturama