Exactly right, it doesn't matter what the configuration of profits or losses are it only tracks the total of pips.

Trailing stop for total pips EA

Just to keep anyone interested informed I have a basket floating around 800 pips up. I started opening trades at 7am and took more at 11, 3 and 7. (my broker is Alpari so the 4 hour candle opens 1 hour before gmt). If anyone good at EA's is reading ...

Trading system using relative strength

Ok, thanks. I'm always a bit wary of calculators like that because sometimes they pick out certain pairs that are supposedly correlated when in actual fact they are just moving in a similar way coincidentally. It might be best just to work out what ...

Trading system using relative strength

Ok, I'll try it out for the next week and if I make some progress I will start a thread. Just so we're on the same page the idea is that just before the close of a 4 hour candle you look through all available pairs and write down those that you have ...

Trading system using relative strength

I think trading the relative strengths on a daily chart would be more successful than 4 hour but 17 trades is a lot to open in one basket. In those trades you must be trading a lot of pairs that are very highly correlated. I would suggest that you ...

Trading system using relative strength

I'm surprised such a promising thread stopped so suddenly after the first loss. I think this method should be profitable with better risk control. I am trying out a similar method using the 4 hour charts. The idea in my head is to spread the risk so ...

Basket trend trading

I've been reading this thread with interest from the start to about half way through and I have come to a few conclusions. All the indicator tells you is what currency is strengthening against other currencies and which currencies are weakening so ...

Trading system using relative strength

I don't want to put too much rubbish on this thread but just to let you know I am demoing this with the above pairs and nzdusd as well on a 30 min tf and only trading the two most extreme pairs, sell the high one, buy the low one. I've applied the ...

Hedge and Correlation Strategy

How about this for an idea? When one gets too far away from the other two you buy the low one and sell the two high ones. In this case lime is GBP, blue is EUR and red is AUD (all USD). How would that work out in practise? It's a 30 min chart by the ...

Hedge and Correlation Strategy

Is it still the same even though the weekly candle hasn't closed yet?

Silent Service Method

This thread is more entertaining than the "system"!

Pit bull trading strategy by brijon

I'm not sure about Canada, I know Alpari have a US arm. I don't see that there would be a problem but be prepared that they may not offer an account in CAD, you may have to have a USD or GBP account. Have you tried google for "mt4 broker futures cfd ...

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid

Alpari UK Classic account offers forex, spot metals and indices, cfds and a good range of futures. I have used them for a long time and find the spreads and execution acceptable. Also I believe Ava FX offer a good range of trading instruments.

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid

That's not good to hear, hope you get better soon. Eurchf is looking interesting. I bought it last Friday after 1.21 held (I got in just above 1.22) and bought some more this morning at 1.24. I can't wait to see what will happen with the SNB ...

Silent Service Method

Yeah, it's no problem for me bro, I trade my own charts but I like to look in here occasionally for the discussion. Nice trade. Please tell me you had some good reason for it other than just fading the other guy?

EURUSD

You stated earlier that 30 pips gained you $150. I make that 5 mini lots...

EURUSD

edit: does anybody have a good timer ? (to know when candle closes)

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid

Yes, I think it makes the chart look cleaner and easier to use. When a normal HA closes the other side of the smoothed HA it is usually a fair signal. I definitely like it in conjunction with the round numbers as well.

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid

Looking at it myself I like the idea of entering once a HA body closes above/below the HA smoothed. That way you know the trend in that direction has some strength. Also if you are using the round number lines and a signal appears just the wrong ...

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid