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- mtruefx replied Oct 29, 2020
I can show you 100's of backtest that are not performing in real life, especially crapy ea's
- mtruefx replied Oct 29, 2020
A backtest report has absolutely nothing to do with the profitibality of a system.. show a myfxbook or other link to live results instead.
- mtruefx replied Oct 28, 2020
An EA can be successfull, BUT you need to treat it like someone who is doing the dirty work for you and guide and improve it all the time.. I don't believe in those 'plug and play' ea's that are running the same way all day 24/7 and certainly not ...
- mtruefx replied Oct 21, 2020
What do you mean exactly? Sell: you need it to be below -90? Buy: you need it to be above -10? Is this what you mean?
- mtruefx replied Oct 2, 2020
max DD I will allow is is 4-5%, this is approximately the same as one months profits, so that is one months of profit at risk if it hit's the DD, that would suck to loose one months of profit in one trade, but it did not happen so far at least
- mtruefx replied Sep 29, 2020
There will always be some healthy scepticism this is FX after all.. Instead you should prove people wrong, consider posting a myfxbook link on an account you are currently trading
- mtruefx replied Sep 22, 2020
I get you point, but basically the spike highs you are seeing is drawdown, the higher the spike the more drawdown, the curve is created based on closed positions.. so if you have 5 hedge trades in total and it close the largest winning position ...
- mtruefx replied Sep 21, 2020
Who do you consider being market makers?
- mtruefx replied Sep 20, 2020
The market makers move in the opposite direction of retail traders, so if retail traders are doing the same the MM's will move it in the opposite direction.. as simple as that.. I suggest you to lookup 'IG Market sentiment'
- mtruefx replied Jun 22, 2020
I have a strategy based on fractals as well, so I'm very curious about this strategy and went to backtest it in tradingview (from Jan 2020 - today's date) The results were pretty good 8 wins 2 SL 3 breakeven trades I went for a 1:2 RR and placed SL ...
- mtruefx replied Jun 22, 2020
kostas is a living proof that this is possible.. it is more or less 10 years since you posted the famous curve where you started making 3-9% per day, which are crazy returns and no one would stick around something for 10 years if it was not working ...
- mtruefx replied Jun 21, 2020
Interesting stuff.. 2 similar things has stuck in my mind as well 1. I attended a seminar with a similar guy (the kind of guy that gets inverviewed by cnn), he have more than 20 years of experience from working at a broker (and trading himself) and ...
- mtruefx replied Jun 16, 2020
So funny, I was thinking that it was Mr Miyagi behind our good friend
- mtruefx replied May 20, 2020
I don't see any free download options from the website? (update: nevermind found a free demo account option)
- mtruefx replied May 13, 2020
USDCHF 15 min - looking to short if we get a nice re-test of the 35/50
- mtruefx replied May 5, 2020
USDCHF - 15 min charts TP hit at 30 pips (risked 10). I had a bad couple of weeks trading the dance, so I'm going to step down for a while and review my own trades
- mtruefx replied May 4, 2020
Got it.. thanks
- mtruefx replied May 3, 2020
15 min chart. Question: Would you take this as a touch trade at the yellow point?
- mtruefx replied Apr 17, 2020
Where were/are you seeing? This is the 4 hour chart, it seems to me that we are just consolidating between the 35 and 50 MA.
- mtruefx replied Apr 14, 2020
Haha wouw, almost exactly the same .. entry/exit just a few pips away