Hi Brian214 I tested with a take profit of 150 fib, and did the calculation between wins divided by total trades and traded only pairs where the result was 65% or higher. You are saying a much higher win rate would be needed to achieve profitable ...

Simple H4 Mobile Trading System

No it was to do with ADX

Hanging out the daily on the close line

WOW what a terrible day... I am a little discouraged, I have tried methods like this before, where any individual chart has good results looking back, but then when you trade all pairs together you get either a death by a thousand cuts or you just ...

Hanging out the daily on the close line

I am not sure o fwhat the settings do...I did a test on ej and I noticed only sells. It missed trades also.

Hanging out the daily on the close line

Here are my late entries today. Yes billbob99 GBPNZD Chris image

Hanging out the daily on the close line

Thanks Go5 Looks good I will give it a go after work. Is there a way to have it open trades with the close within 5 pips of high/low instead of a percentage of wick to candle body? What is the slope of highs/lows relation? Chris image

Hanging out the daily on the close line

Hi billbob99 Thanks for your interest and I hope you can test this too, the more the merrier. I do not have a SL at the moment, I was thinking that 30-50 pips might suffice. TP is the close of the next daily candle, (or the mext candle of the TF you ...

Hanging out the daily on the close line

All of the above trades closed with a profit Hopefully we are on the assent. I do not see any trades today, still an hour to go but I have to go out. This is a graph of progress so far since Jan 17 to Jan 29. Chris image

Hanging out the daily on the close line

4HR

Simple H4 Mobile Trading System

In my opinion I feel with this method you need to take every signal. NO MATTER WHAT!!! I can show you many examples of filtered trades that did not make it and I can show you trades that looked bad but made it. I will add that I trade differently ...

Simple H4 Mobile Trading System

Here are the trades I am watching for Sunday, barring any gaps. I missed the EOD as I have been trying to place the trades before the daily close to avoid spread widening. All of these are within 5 pips of the low/high. Chris image

Hanging out the daily on the close line

Hey JPM I am doing well with this... I have two graphs to show, 1 is a set of new daily trades since Jan 11 2019 The second is from Sept. 27 2018, the time I started testing live. This graph has two really big false moves because of wrong position ...

Simple H4 Mobile Trading System

This is how I trade the daily chart. I will post a new graph update later... Just to re-cap, I take every signal, I set pending orders at the high or low of the engulf candle and set SL at high/low and TP is 150fib, I do not care about any ...

Simple H4 Mobile Trading System

Only EURCHF and AUDUSD today I feel like a good criteria for a valid signal is if close is within 5 pips of high/low I am going to give this method 100 or so trades to hopefully figure out if it is worth proceeding. Chris

Hanging out the daily on the close line

Hi Does any body have or can make an indicator that when placed on a chart it will tell you how far current price is from the high or low...dynamically Thanks, Chris.

I will code your EAs and Indicators for no charge

Nice, I do notice it has missed at least 1 signal on your pic 3rd & 4th red from left 3rd blue from right

H4 Mobile Trading Simple Strategy

I am pissed I missed this 90 pip gold trade yesterday, was too concerned with closing it at a loss from previous day. image Here are my trades from today, there are some that are close but I did not take as close too far away from high/low. Chris ...

Hanging out the daily on the close line

I don't see any trades today in the pairs I am watching, I will go to watch all 29 pairs... Ficibald looks like you had small wins today. I had a small win on USDJPY, but losses on both gold and oil. Chris

Hanging out the daily on the close line

I was quite shocked when I looked at the Blog and saw that there was a price on the calls, going forward. What scssint and starpo are eluding to in there posts is the notion that "It's not personal it's just business", but this is not what happened, ...

The Gorilla Method

I think that to avoid the spread a days start it would be better to set trades a few minutes before EOD

Hanging out the daily on the close line