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cfudge replied Oct 13, 2018No idea. Did not keep track, not really a concern...but no more than 2 or 3 Chris
Simple H4 Mobile Trading System
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cfudge replied Oct 13, 2018Here is an example of how I bactested this The only remaining question, as I have stated previously, is how the profit to loss ratio will turn out, which I am live testing now. Chris image
Simple H4 Mobile Trading System
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cfudge replied Oct 13, 2018Yes I trade live as I traded on the backtests. 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 directional bias, I use a fixed ...
Simple H4 Mobile Trading System
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cfudge replied Oct 12, 2018I am using the same percentage per trade and HZS10 uses fixed, It will be interesting to see if one is better for returns. The problem with fixed percent is that your RR is always lower than 1:1 so you rely on this method producing many more wins ...
Simple H4 Mobile Trading System
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cfudge replied Oct 10, 2018I am in them too spijack good luck @geosevilla here you go set engulf stats to 1 lookback and 10% body. Chris file image
Simple H4 Mobile Trading System
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cfudge replied Oct 10, 2018Nice post princej58 I agree ...keep it simple. I have 1 indicator only, it shows the engulf candle. As far as an EA, I don't think it is a good idea. I have several tweaks that I use that may not be applicable in an EA, such as, if a candle closes ...
Simple H4 Mobile Trading System
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cfudge replied Oct 9, 2018Hi reteid2222 I used the indicator I posted on the journal thread and took every trade I saw. If the trade never opened I did not count it. Chris
Simple H4 Mobile Trading System
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cfudge replied Oct 8, 2018These results (for those who didn't read the journal thread) are opened at the high/low of engulfing candle and TP is 150 fib. Daily charts Here is an updated list ( I would suggest trading with pairs 65% or more) Concerning my earlier post ...
Simple H4 Mobile Trading System
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cfudge replied Oct 6, 2018Very good fxprimate ...let us get back to business
The only thread you will ever need: FX Exposed!
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cfudge replied Oct 4, 2018Thanks for this hzs10...so far so good. Chris image
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 3, 2018WIck and 150 TP ...same as all other tests
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 3, 2018Just done a quick test on NZDUSD (this pair gave the best results on daily) on the 4hr and it showed 79% over 24 trades...19 winners.
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 3, 2018So here goes ,,,another signal on EURGBP while another signal of same colour is open and I have traded the second signal at double the first. I have kept same SL and TP as previous signal as they are basically the same candle size. Chris image
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 3, 2018Yes I understand what you are both saying, but I would have taken it as a bullish signal and put a buy stop at the top and...it would never have been traded. Remember the market has to turn around somewhere and this, obvious, bearish pin is not ...
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 3, 2018Hi hzs10 how do you decide which way to trade an engulfing setup?
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 2, 2018I just noticed that you entered at the close of the engulf not the low as I have suggested. I will then delete the trade if it closes above the high.
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 2, 2018Still in but not looking like a winner Chris image
H4 Mobile Trading Simple Strategy
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cfudge replied Oct 1, 2018I am also in this trade. You realize that all my tests were closed at 150 not 200, hzs10 uses 200. Chris
H4 Mobile Trading Simple Strategy
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cfudge replied Sep 30, 2018I have not looked at 4hr yet. I intend to soon . If you are wondering about the settings on the indicator then it stays the same (1 look back and 10% candle body). hzs10 is trading 4hr and she may have better insight into win/loss ratios. Chris
H4 Mobile Trading Simple Strategy