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- justin7 replied Jun 7, 2014
Maybe some kind of s/r indicator (amount of x pips close to a strong s/r line, or price breaking a strong s/r) can be used..
MTF indicators that don't repaint
- justin7 replied Jun 7, 2014
yes here's one that shows the ichimoku cloud position on any time frame
MTF indicators that don't repaint
- justin7 replied Jun 6, 2014
what does that have to do with spilling anything? you're giving your system here whats the big deal with what your spreads + commission are?. It's obviously very low otherwise you wouldn't be up that much with this 2:1 r:r system
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
lol the 2:1 risk:reward is a big deal! You may as well be trading binary options if you like having more risk than reward on each individual trade.
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
what are your spreads + commissions on each trade?
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
in order to fit into 100% it would be 5 x 75 and into a 75% winning percentage. you're adding on an extra 25 winning trades. and you're making the stop loss 5 pips instead of 10 as is said here to use
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
lol not having a spread or commissions when your take profit is only 5 pips makes a big difference
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
lets say 100 trades 5 pips x 75 = 375 profit minus 10 pips x 25 = 250 -------------------------------- left with 125 profit minus atleast 1 pip for spread over the 100 trades.. left with 25 if that.
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
minus spreads and commissions? cmon
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
why so defensive? that's only because your broker gives you very low spreads. it's impossible for anyone else with a normal broker with normal 1 pip spreads to realistically make this work with a 75% winning percentage and a 2:1 risk to reward
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
I did calculations and with a 75% winning percentage and a 10 pip stop loss and 5 pip take profit that comes out to even..
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
so what stop loss and take profit do you guys use??
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
it's always easy to find entries with a trend following system. What do you do when everything is lined up and it doesn't go your way though. No system is 100..
The counter Trend Line - trade these every chance you get!
- justin7 replied Jun 6, 2014
What is the success rate with % of trades? Since it seems theres a limited amount of pips to be made here scalping, the winning % would be important
As simple as possible: 00 level trading
- justin7 replied Jun 6, 2014
yes you are right. If it's on the current then it is not repainting. It's repainting if it redraws the past after the candle has closed.
MTF indicators that don't repaint
- justin7 replied Jun 5, 2014
I think an ichimoku cloud MTF doesn't repaint..
MTF indicators that don't repaint
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MTF indicators that don't repaint
Started Jun 5, 2014|Platform Tech|20 repliesSome indicators being taken from a higher time frame have the ability to repaint if it's being ...
- justin7 replied Jun 4, 2014
anybody still around from this thread? lol
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