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meck1 replied Aug 4, 2020True I guess everyone we'll trade this differently, il work this on the side
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
What happens if we push for 1:2 risk:reward ratio , putting stoploss at breakeven at 1:1.
So that we have odds at our favour. That means if we win only 33% of the time worst case scenario, we will still be at breakeven. Eurchf, gbpchf and ...Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
Trust me I've been looking for it, I only found one for mt5 but I don't think the rsi indicator is there for mt5
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
I missed this trade but would have gotten stopped out aswell
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
Yea the volatility is pretty low
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
Audnzd missed target by a pip and got stopped out
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
Those 2 zipped files
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
Go through the thread I shared it
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
Don't forget to post screenshots of trades which don't go in aswell
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
It hasn't hit my ADR yet tho
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 4, 2020
I consider news volume lol but high impact is always something to take note of
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 3, 2020
I personally don't take trades with a stoploss greater than 30pips. Good question. But the best method is to risk 1% per trade. This helps make the same risk regardless of stoploss pips. I use this app to help me calculate what lot size to put for ...
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 3, 2020
Sorry , the alert you should have on is the ADR alert, it's the one that makes you check if the other conditions are present. The other alert on rsi might be a distraction if it rings alot. I hope that helps
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 3, 2020
I think the real challenge is finding something that draws a trendline on the Macd and alerts when it's broken.
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 3, 2020
file Just make sure you open all the other tabs for the pairs you want use so that you get the alerts, and put this on its own chart to change through the pairs quickly.
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 3, 2020
Sure let me upload it
Daily Trading Strategy [ADR + RSI = High Probability]
- meck1 replied Aug 3, 2020
Don't forget to post trades which go bad so that we see which session has the most profitable trades
Daily Trading Strategy [ADR + RSI = High Probability]