Entries are made on Monday. Engulfing candles pattern in 2 previous weeks bars. On Monday is already new week started - that current week bar cant be used for pattern detecting. image

The Finance Book Club

for eurusd last 3 years seems opposite rules performed better. Here are some test results: image image Fixed SL 290 and TP 175.

The Finance Book Club

for automated trading far better is MetaTrader because have large coding examples/libraries and "how to"s available think about optimization/backtesting also... not only code an EA but how you will optimize/backtest/forwardtest that EA. for that MT4 ...

algorithmic trading

If an EA performs differently as manual then there are different rules implemented in that EA. If "human judgment" does different then in that "judgment" is some rules not known to EA coders. To what is related "human judgment"? Technical, ...

Roadmap - A Way To Read Markets

Stocks are listed in exchanges like London, Newyork etc... So info regarding volumes of real stocks is centralized and publicly available for free. You can get real volumes for stocks in MT5 with real (not CFD) stocks trading account (only BUY ...

The brutal truth of day trading

Dear gepards... that "cliff" wont move. But keep pushing.

The brutal truth of day trading

I started coding at age 10. My first working piece of code painted house with lines. Remember how proud i was. That coding language was named BASIC. Proper naming. It does not matter how old you are. You can learn coding much faster now as it was ...

Clemmo's Trading Odyssey

go to my profile and use the search box... type some keywords and will see something about me, what i think regarding various topics.

The brutal truth of day trading

what would you like to know?

The brutal truth of day trading

ryuryu why unsubscribed from RickM? You liked RickM very much. Do you still trade with his method of volumes? image

The brutal truth of day trading

maybe this apprach: 10 usd to 20 usd to 40 usd and then investor get out 10 usd and trader continues with 30 usd 10 20 40 (-10) 60 120 240 480 960 1920 3840 7680 15360 And at the end trader get 10000 usd and investor 5360 usd. In this way would be ...

+1000%? It's Done Now, +10000% next?

it is possible. maybe 1 of 100 attempts will succeed. If such a high possibility then can invest 100x100 = 10000 USD and in 1 wining case get 400k profit (12 times doubling account in a row). for example get 100 traders. give for each 100 usd ...

+1000%? It's Done Now, +10000% next?

Tnx. Good points! No this is special ea made to be reversable. It runs "bad" logic in virtual mode and "smart" with real trades. Yes transaction costs eat out profits of reverse trades therefore we need at least 30 pips sl/to range so spreads etc % ...

Expert Advisors optimization & backtesting

I was in the same trap for several years... I focused on 1 holly grail EA and never could find that - all EAs when optimized/baktested then emulated forwardtests seemed to me unstable. There might be even several years when some EA "not working" and ...

Clemmo's Trading Odyssey

Very true. Good to see you pointed out all this! Here is place for a new website where analysis is done and true reliability ratings applied. But again... that website wont be in google 1st page search results and nobody will notice. How about ...

Clemmo's Trading Odyssey

Dear gepards. I like quite a lot of your posts. But never subscribed... because some of your posts are strange... ok we all have some child inside but... dont know how old you are... what is your connection with Peter... fake whatsap "screenshot".. ...

The brutal truth of day trading

Doubt that profitable signal provider will reveal all his trading secrets. He talking about msft and buy the dips. I made an ea and checked... Yes msft buy dips is good. But it is up to you when consider dip is enough to enter and when is enough ...

The brutal truth of day trading

90% winrate easily can be done with TP 1 and SL 100 or no SL at all... Then for several months win rate can be 90%... Several months you can be king and brag about your "success".

The brutal truth of day trading

Fully agree. The more activities you make the more mistakes. And vice versa. Less deals = less mistakes. More pips targeted less cost % for entry and less impact from slippages on exits. It is not smart choice to scalp. Chose wise where to put ...

The brutal truth of day trading

Because can check n answers in 1 vote.

The brutal truth of day trading