EURUSD M15 Trendline broken but no pullback available for entry image EURUSD M5 also no entry image These are intraday setups. I will not post intraday setups often and focus on the OP's swing ...

MA Crossover System that works for me

EURUSD D1 image AUDUSD D1 image GBPUSD D1 image USDJPY D1 - Trendline Broken image USDJPY H4 - Waiting for retest of D1 trendline and/or break of H4 trendline image I scan for trends using 8/20 emas. I draw trendlines and wait for a ...

MA Crossover System that works for me

Dude you're crushing it. All these hours of screen time is truly building intuition. Do you have an ultimate stop (besides a margin call of course)?

M1 Countertrend Scalping Strategy

The main issue would be to discover the optimal values of spread and VAR in order to determine the best equity curve - in essence, optimising this strategy. An EA would be best suited for this. I should really get on it lol.

A Simple Mean Reversion Strategy

You could also use the standard MACD Histogram with MT4 and MT5. It measures the distance between 2 MAs. Just set the fast MA to 1. Set the signal line colour to none.

M1 Countertrend Scalping Strategy

Based on what i've read on this thread, there are 3 conditions to fulfil to add the next entry: x number of pips from MA RSI in OB/OS level MA breached previous entry Riskcuit also mentioned a VAR which is basically max stop. I assume its a global ...

A Simple Mean Reversion Strategy

Deviation will definitely be an important input as you would probably need to optimise this value for different pairs and timeframes. Along with the RSI period and timeframe. Typical money management stuff in an EA of this sort would include number ...

A Simple Mean Reversion Strategy

Didn't @Riskscuit mention a VAR (Max Loss) instead of just relying on the return to the median when in drawdown?

A Simple Mean Reversion Strategy

Yeah I can code this in MQL4 as well or at least, i should be able to. I would put in a Global TP and Stop as additional money management options. This would be better suited in MQL5, though, since backtesting is so much nicer in MT5.

A Simple Mean Reversion Strategy

A fellow man of culture

A Simple Mean Reversion Strategy

Let me get this straight. The strategy rules are: 1. Price needs to be away from the 200ma by a x number of pips (adequate "spread") 2. RSI or Oscillator of choice needs to be overbought for SELL and oversold for BUY 3. Only average down when ...

A Simple Mean Reversion Strategy

They don't. I do because i use riskier money management.

A Simple Mean Reversion Strategy

And then I'll say the same thing again. 30% hard stop lol. And I was about to say that this reminded me of the M1 Countertrend Strategy as well, along with the Hedging Averaging Strategy.

A Simple Mean Reversion Strategy

The most important information missing from a MT4 Trade Report is the Max Floating Loss. Because of averaging, this is not reflected. However, this is the most crucial component of this strategy. For the interest of education, would it be possible ...

M1 Countertrend Scalping Strategy

MT4/MT5 has a native Heiken Ashi indicator. You can try that.

M1 Countertrend Scalping Strategy

That USD move was massive. If you were caught on the wrong side and attempted to average down on the M1, you'd be eating your shorts now. The only way would be to cut your losses and reverse direction, or hedge out and unwind the hedge. My friend ...

M1 Countertrend Scalping Strategy

It's been awesome seeing you post your trades. And I love the hedges. Managing hedges is a very very difficult thing to do. Being caught on one side bad enough but both sides? Especially when stuck in the middle? It's horrible. But if done well, you ...

M1 Countertrend Scalping Strategy

To be fair guys, adding to a trade is a form of Martingale except it's called Additive Martingale instead of Multiplier Martingale. It can still be considered a form of Multiplier Martingale with a multiplier of 1.0. But i'm getting semantic here. ...

M1 Countertrend Scalping Strategy

I'd use a 30% hard stop-loss. These kind of events will happen due to news or black swans (e.g. Covid). Use an EA that will keep track of the floating loss of all your orders and take you out at -30% equity. You could also use a hedge but that you'd ...

M1 Countertrend Scalping Strategy

It's not actually. Haha. I used to trade 2B pattern, specifically the "Tokyo Spring" which is a just fake breakout of Tokyo High-Lows, along with trendline breaks. ICT is just an alternative technical analysis methodology which focuses on ...

Buyside and Sellside Liquidity PDH & PDL