I think you trading 8-9 pairs with a 1k account is ridiculous. How about 4 pairs?

Third Screen Strategy - Dr. Alexander Elder

TCO, I was wondering if the trend shows ranging, will it open a trade at any time? This particular questions pertains to the current G/U 20/50 strategy. Thanks

TCO Trader EA

MACD just flipped uptrend on E/A daily.

Third Screen Strategy - Dr. Alexander Elder

USD should strengthen across the board in coming days as FED has stated QE will be tapered. Risk off should weaken AUD and NZD.

Third Screen Strategy - Dr. Alexander Elder

Update A/U chart. Although this chart is using the 20/50 strategy, If you're trading the MACD strategy, a buy trade would've triggered and now you are currently over 120 pips DD while stochastics is barely broken the 50 level yet, much less being ...

TCO Trader EA

With the FOMC release. Third screen strategy is getting killed, while 20/50 EMA strategy is kicking tail and taking names(Awesome).

Third Screen Strategy - Dr. Alexander Elder

Please don't say Stochastics is not needed, unless you have actually used it with this system. I've been using it on my live account with better results then WPR as per Dr Elder's recommendation. Look at this example A/U chart during FOMC release. ...

TCO Trader EA

NOT TRUE. Besides, the use of stochs gives not only better entry, but lower DD. It's a better representation of PA then WPR which can stretch and retract all while bar is still open. Stoch is much smoother. I've been using it on my live account. Dr ...

TCO Trader EA

I know what you mean. Euro pairs as a whole, has been pretty crappy these days. I don't even trade the EUR/USD anymore.

Third Screen Strategy - Dr. Alexander Elder

Stochastics added without eliminating WPR. Just added as another trigger oscillator. Maybe you can consider Erebus' turtle channel as a high TF trend indi. I can send you the mq4 file if you want to take a look. I think it gives a smoother ...

TCO Trader EA

Hey bro. Any reason you prefer G/N over E/N? Maybe not to be over leveraged?

Third Screen Strategy - Dr. Alexander Elder

Ok. Everybody...........

Third Screen Strategy - Dr. Alexander Elder

TCO, What I have noticed is that TP and SL only shows up when a trade has been opened on that particular pair. I have mine set up on ATR and this is how it works. It will also happen when you restart your MT4. Even though you have open positions on ...

TCO Trader EA

The T trend looks more promising then the 20/50 EMA, no? Looks to give good trend change breakout signal. Maybe a good HTF strategy filter.

TCO Trader EA

A/J Chart 20/50 rule. One trade open. 3 max set. Let's see.

TCO Trader EA

A/J Chart MACD rule. One trade BE+10. New trade shows as well. Two positions open. 3 max set. Let's see.

TCO Trader EA

Erebus, What is your setting on the T channel? 20/10 or 55/20? Thx

TCO Trader EA

TCO, Do we still need to leave the chart on the lower TF(trading TF) for the EA to trigger the trade? If this is true, then is there any way you can change this at next update? I remember Khaled's EA, it didn't matter what TF you left the chart on. ...

TCO Trader EA

That will be a judgement call on your part because as you know the saying goes "there is no such thing as PA being in oversold in a downtrend, or overbought in an uptrend". That is why often times you see oscillators staying in OB/OS areas for long ...

TCO Trader EA

If you wish, you can use Weekly (10080) as your trend TF, and daily(1440) as your lower TF(trigger TF) as Dr Elder writes as an example in his book. I recommend though, reading the trading threads of the particular strategy to answer any other ...

TCO Trader EA