Thank you. I had that idea already in mind. Just needed some reason to "kick-start" it. I updated the algorithm a bit. It has more clear entries now, tries to find "reverse signals" and exits the position if required. I also stopped using a ...

Monthly Profit - Daily Trading using SMA

You're right. Also thought the same already. However, I find EA programming in MT a pain in the ass, compared to NinjaTrader and C#. So I took the opportunity today and spent some hours programming a strategy for NT7 using C#. I had it running over ...

Monthly Profit - Daily Trading using SMA

I think he just means he doesn't like trading against the trend.

Monthly Profit - Daily Trading using SMA

Sure. Why? You don't see these setups? image Looking good so far: image

Monthly Profit - Daily Trading using SMA

Todays opportunities: AUDNZD: image USDCHF: image USDJPY: * Caution! Seems weak / sideways. Might be going up to previous days candle highs only. USD news event at 08:30am EST however might cause USDJPY to become bullish if USD gets weaker. * ...

Monthly Profit - Daily Trading using SMA

NU, EU, AJ ... Oh an UJ aswell, just saw. Edit: To be fair, if I didn't put my stop so close in AJ, I'd still be in.

Monthly Profit - Daily Trading using SMA

Didn't see other pairs coming available meeting the criterias. So no, unfortunately all three positions I entered using that strategy have been losers. But will keep my eyes open.

Monthly Profit - Daily Trading using SMA

I'm out USDJPY and NZDUSD now. UJ was reversing too much, also NU. It seems like there is a rate cut on NZD tomorrow, which most likely will impact NZD pretty negatively if they go from 2,5% to 2,0%.

Monthly Profit - Daily Trading using SMA

Yes, me. Took all opportunities with tiny lots. EURUSD is snoozefest. USDJPY seems to be rallying down a bit, NZDUSD a bit up. NZD got a slight push this night. I'm still in, but moved stops of USDJPY a bit closer.

Monthly Profit - Daily Trading using SMA

Possible long setup for USDJPY?

Monthly Profit - Daily Trading using SMA

Agree. Those of you who got in that trade might have already secured some profits just 4 1/2h after the market opened as the price spiked to 0.70858 and bounced off. I was sleeping at that time and didn't put a TP yet. Since then it is moving ...

Monthly Profit - Daily Trading using SMA

Yes, I'm short EURUSD and also took the NZDUSD opportunity.

Monthly Profit - Daily Trading using SMA

Hey Bk8, I've been reading through this whole thread now. Very interesting. Will try that strategy too. Thank you very much for sharing! What do you think about this setup on NZDUSD? Looks like a short opportunity. I'm using Heikin Ashi, so I hope ...

Monthly Profit - Daily Trading using SMA