Patriot Road v1.0 - page 3
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backtests sucks! You can't backtest perfectly a strategy because in the real life trading every trade is taken because of the indicators signals, but there is also a human mind that , trade after trade, judge the signal and decide if enter or not, many times signals are false, and there is needed a human mind to judge it from time to time. Because of this, even if in a backtest a strategy can be shit, traded with a good mind it will be very powerful!!!
I spent 2 years looking for a perfect indicator setup that give me super signals, but it doesn't exist a good mechanical signal (with good i mean very good!), but things change when you know what you do.
This is as i think, maybe i am wrong or notNo w4rn1ng,you are perfectly RIGHT!
geeze guys. take it easy. Maybe not trying to market anything. I
mean, so he's got a colored indicator on a chart. He's a noob.
He can call it iraqi mercenary or porn queen for all I care. It certainly, would motivate me more than patriot. I named my last ea after my soon to be ex called *****trader and it traded just as good. He will definetly be a lot smarter 3 years from now. I mean, I always like these post with nice up and downs--- wait til he hits a contracting triangle on the cable yen// the 62 sma ..you gotta be kidding from a laugh perspective....... wont' last very long.. He may have to reach out and touch some one to make this sorry system work...
I'm not trying to sell a single thing. I don't work for a broker. I'm a home forex trader working out of my home office, as I suspect most everyone that frequents the various forums are. My goal is simple. I just want to increase my understanding of trading and at the same time help other people to understand it a little better too. If you don't get that it's not my problem - it's yours.
Yes, nothing new and no need to look at 1M chart, better concentrate on 4H and up but, anyway, your system is cool. Thank you. Your goal to help others is wonderful.
Would it be possible to build EA on this? Like for example on M1 or M5 placing Sell when price is 1 point below red Patriot with defined TP and if TP is not touched close with 1 pip profit. Similar would be for Buy. Trailing TP and SL could also be useful.
Another option would be using the Road eg if price is 1 pip out of the road make transaction and close with 2 or 3 pip profit.
Actually I did put it the wrong way. It should be Buy when price is below red Patriot and Sell when above blue.