Good job with the clean up! Can it be set to go further back now?

Mr. Blobby V3 (60m mechanical trading)

Morning guys. I now have 5 positions open. I have abandoned my rule of having a max of 3 trades at once. Here's how things are looking this morning.

Mr. Blobby V3 (60m mechanical trading)

The indicator has an alert but it isn't that useful on the 60m time frame as it will alert at the beginning of the candle, not the close. You could re-enter there yes but for me it's too late after the signal and price is above the Daily Pivot so I ...

Mr. Blobby V3 (60m mechanical trading)

I would like to trade this on the 15m charts too but I get too many losers. 60m and 4hr are best but for me 4hr is just far TOO SLOW! I have the same problem with the indicator history. For some reason the BBstop indicator doesn't go back very far. ...

Mr. Blobby V3 (60m mechanical trading)

I'm just about to call it a day. I have 3 positions open and will check their progress every hour or two.

Mr. Blobby V3 (60m mechanical trading)

I must say after scalping the 1m charts for the last 6 months, trading 10+ times per day, it sure is painfully slow trading the H1 charts! But it does allow for some sleep! After my 9am short I went back to bed and just got up again now at 2pm haha

Mr. Blobby V3 (60m mechanical trading)

I'm short Cable (GBPUSD) from 1.5865. I took it at 9.00am GMT this morning and it went to 60+ and is currently at +19. Let's see how this one plays out over the rest of today. Hopefully it will continue south for a day or two but this is forex - it ...

Mr. Blobby V3 (60m mechanical trading)

Yep as countex said it's just a Daily Pivot. You don't need to use this but it adds extra confidence if I get a sell signal and price is keeping below the Daily Pivot. If you zoom out you should also see a Weekly Pivot and Monthy Pivot. For some ...

Mr. Blobby V3 (60m mechanical trading)

Hi, my post explains I use a 60 pip stop loss and I exit (TP) when the BBStop flips. Here's an example of entry and exit attached below. It's important to use the MAs to filter out some losses. If we just blindly follow the BBStop we give back too ...

Mr. Blobby V3 (60m mechanical trading)

Hi Fokusnik, I'm trading this with a maximum risk per trade of 0.5% of my account and I will enter up to 3 trades at once, leaving up to 1.5% risk in the markets at any one time. Depending on your account size you may want to risk more but for me ...

Mr. Blobby V3 (60m mechanical trading)

I don't use any repainting indicators. I don't see the point. The BBStop doesn't repaint, it is set in stone once the candle closes.

Mr. Blobby V3 (60m mechanical trading)

I use 75 for the lower time frames.

Mr Blobby V2 Super Simple 1m strategy

Hi guys, First of all thanks to those who have been testing this strategy over the last couple of weeks. I have been looking at it on a M5 chart rather than M1 as the M1 (as others here agree) has too many false signals. I'm also looking at having a ...

Mr Blobby V2 Super Simple 1m strategy

Hi and thanks for sharing your EA but could you explain this system? What are the entry and exit rules?

ADDD EA - SkyStriker

Exactly! And those of you in the UK may remember a very annoying BBC character called 'Mr Blobby'.

Mr Blobby V2 Super Simple 1m strategy

Lol, unfortunately each trade must be with one standard lot. It's one of those amazing offers that upon inspection is actually rubbish...UNLESS you can work it to your advantage and beat them at their own game, which is why I looked into it

Taking advantage of the welcome bonus

FXCM

Taking advantage of the welcome bonus

When the BB flips to the other side we wait for the 1m candle to close to confirm it is a trade entry and then we enter.

Mr Blobby V2 Super Simple 1m strategy