I Double My Account 2 TIMES - page 43
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hi
if someone said he has a good trading system , at least 3 months statement in live trade with stable profit is enough to prove it
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Forex Indicators Collection
if someone said he has a good trading system , at least 3 months statement in live trade with stable profit is enough to prove it
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Forex Indicators CollectionAbsolutely right, if it ll be then you ll have my statement here.
Thanks BABARASATORI .what I meant is the timer indicator below the grAph where a green n blue line cross.Picture from the first post. If you do have that can you post it. Or any one do have that please post it .thanks
If you double your account everyday. Soon or later your going to lose the whole account as you only need 2 losing trades and your wiped out! Good Luck!
No I don t use S/L Abha has right...
so how can you said this "and % of my winnig trades was about 90,.. %... "?
Hello my friends.
This is the last update of this indi from the author in an arabian forum.
Basically:
We should SELL when the orange line is above the blue lines and above the candle.
We should BUY when the orange line is bellow the blue lines and bellow the candle.
The other indicator show 3 possible targets.
That's it. Simple like that.
Now we should test it live and develop it here.
Kindly.
Performance on lower TF
Does anybody know if the V03ABHAFXS indicator posted on the first page works accurately on lower TF like 30min/60min. ABHA says that it is recommed for 4hr TF. Just want to check if somebody is following its performance on lower TF and can share the results.
Example of a trade
USDCAD H4
This is an example with a strong downtrend (around 400 pips).
First entry:"Buy order size 1lot " was at the lower green regression line !
Second entry:
"Buy order size 2 lots" was placed because price was going down.
Situation at this time ( see picture)
The price is now again at the lower green regression line !!
The system is redrawing itself after the close of each candlestick bar.
(Not a little, but a very large repainting in this case)
If next week price drops 50 pips again:
We have to place another buy order with size 4 lots !
The virtual loss at this time is more than -300 pips
The stoploss in this case would be hit !
Redrawing -283 pips
USDCAD H4
Conclusion:
The redrawing is -283 pips on the H4 chart
This is the difference between the first buy order at the lower green regression line and the situation at this time at the same lower green regr line.
Trading blind in the dark ?
It's trading in the dark without a proper indicator.
The only indicators that you can use for turning points are "cycle indicators"
but they repaint also !
Using a RSI is unsufficient because price can go more than 100pips further down when the RSI is below level 20 and can oscillate around this level.
I call it "Trading blind in the dark" because price don't have any reference to something else ( like an ema)