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Hi Power trader,
thanks for sharing this system.
I've backtest this river, but I see also false signal. I try reduce it by not trading in asia market as you suggest, but I still see false signal. Or we must use higher TF ?
May be you could give some tips or explanation how to avoid it.
Thanks,
regards
okabijaHello,
I have just found this site:
www.orangeroshan.com
where you can find further information on SRDC system including the River trade. However, they call it something like SRDC V and it seems to be a component of their extensive system which you can read about here:
SRDC
Orange also runs free live classes. I think one is due tomorrow Sunday 16th September 2007.
Hope that helps.
1 put some hma.v2 to filter it out...setting 30 and 50 also nonlagdot...
mind posting 10 long continuous screens? one doesn't show the whole picture.
River Revisited
Hi,
Summer is over and I am back sharing "The River" and the PowerTrading method. I will be posting some charts on a regular basis. It is important to understand the basics of trading to be successful. The basis for the PowerTrading method is understanding Fibonacci, support and resistance and trendlines. I do not teach using many indicators and I am not a big fan of them as a whole. I think if you understand the basics you can grow your account.
PT
October 11
Here is a chart from today. I was able to capture 90 pips today using this method and as you can see in the chart, I still have a sell order in place that is in profit. I was able to play River twice because I understood at what fib number it would mostly likely turn.
PT
good job - nice thread and trade
Here is a chart from today. I was able to capture 90 pips today using this method and as you can see in the chart, I still have a sell order in place that is in profit. I was able to play River twice because I understood at what fib number it would mostly likely turn. PT
good job - nice thread and trade
Thanks
good job - nice thread and trade
Thanks Cbrock.
PT
Please either modify the first post or start a new thread with detailed explanations so we can all understand the method and download the template.
Please either modify the first post or start a new thread with detailed explanations so we can all understand the method and download the template.
All of the info you wanted was posted in this thread:
Rules: https://www.mql5.com/en/forum/176576
Template:
RiverTemplate.tpl - DivShare
Video:
http://www.divshare.com/download/280665-723
Thanks
All of the info you wanted was posted in this thread:
Rules: https://www.mql5.com/en/forum/176576
Template:
RiverTemplate.tpl - DivShare
Video:
TheRiver.avi - DivShareThanks for posting this information. I have changed a few things from the early days, but not much. I will be posting more on the basic River trade as time goes on.
Thanks again,
PT