US 30 with Indicators Return This Year:
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Please help to make this indi into a Multiple Time Frame (MTF) indi 3 replies
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Consecutive candles indi combined with volume & spread indi 13 replies
DislikedOkay, let's talk. First of all, it's embarrassing to screw up your own method, but that's what I did this morning. Hopefully, you know to do what I say, not what I do. It is true that I have a current bullish bias in my option sales. Since that's where I make my living, it probably influences me over here. And, I am trading small over here and large in options. Fortunately, option sales today were far enough out-of-the-money that they were never threated, so grasshopper and I had a very good day. Bottom line, instead of listening to me, just look...Ignored
DislikedA few thoughts on your trailing stop. You may prefer just setting a 75 hard stop and the MT4 trailing stop, also at 75. That's close to how my simulator works. When using the MQLTA Trailing Stop EA, use your head. If a 1.5 multiplier gets you too close, move it up, 2 or 2.5. Though this market is often slow outside of core hours, it can also get volatile quickly. Always give yourself 60-80 points of slack. 7:55 am and the sar has dropped below price. watching the m1.Ignored
DislikedTRADING TIMES AND A FEW PARAMETERS This method involves trading the US 30 Index. Not all brokers offer this product. Specifically, US brokers cannot offer it and a number of non-US brokers do not. Two of my personal favorites, Oanda and Forex.com, are US based and cannot accommodate me for these trades. If you do not have a broker who offers this index and you are unwilling to open even a demo account with a broker who does, just to check it out, this is not for you. I trade this index on FXChoice.Ignored
DislikedRanger, I did not know that. At this point, there are only a handful of offshore brokers who accept US clients and I don't know which, if any, offer the indexes. You are also right that if the restrictions keep coming, all US traders will have to be with Forex.com or Oanda.Ignored