BrainSystem: Trading System Development and Trades - page 17
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I received the confirmed signals on EURUSD and USDJPY and opened two orders. I do not think that it will be profitable because the price is near dynamic resistance lines and static pivots as well for the almost all the pairs. But, as the resistance lines and pivots are out of our rules we should open the orders. So I did it. Why? If I am not trading on demo I can not estimate the rules.
Good Proft
Last night i gain 28 pip on GBP short
to day morning GBP long gained +75
EUR +25
Last night i gain 28 pip on GBP short
to day morning GBP long gained +75
EUR +25You had exit not on SAR I think.
Yes
Sorry i am new What is SAR.
Pls can you give some more informaiton about exit through SAR.
Yes
Sorry i am new What is SAR.
Pls can you give some more informaiton about exit through SAR.Parabolic SAR.
I am trying to estimate some rules. See the post:
https://www.mql5.com/en/forum/172939/page11
https://www.mql5.com/en/forum/172939/page10
It was really risky to open those two orders: the price is dancing near the resistance line.
Anyway the orders are still opened.
I lost 23 and 26 p.
It was good that I traded. Because now we can change the rules.
I think we must not wait for the I-XO confirmation. If the signal was not confirmed by this indicator on the same closed bar with the signal we are not trading.
Tomorrow i will try to do that.
I got 3 confirmed signals according to the new modified rules.
It works.
I think that next main problem is S/L level (T/S) and exit.
I am trying S/L on SAR (and exit on SAR as well).
As I decided to use SAR as S/L so I am moving the S/L according to the SAR (on full closed bar). I am not sure about this trailing. But, anyway we should try.
It is really difficult to trade like this because it is out of my personal rules for example: i am always taking into account the S&R and pivots.
The orders are still opened.
I moved the stop several times already.