3 chart cross-pair trading - page 2

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Geldz:
I use RPoint with settings: ReversePoint = 1.

I detect TP by using Fibonacci Expansion. (U can simply find it in MT4 terminal: Insert -> Fibonacci -> Expansion)

I trade only EURJPY.

EURUSD and USDJPY - i use only for analytic.

Also u can use for trade GBPJPY and for analytic: GBPUSD, USDJPY.

Thanks for sharing this interesting system. What do you do when your position goes against you? Since you don't you use a stop loss.

 

Has anybody here tried to trade this system live? Any result or ideas?

 

Problem

Geldz:
Hello.

Wanna share my trading forex strategy.

Trading pair: EURJPY.

Charting: EURJPY EURUSD USDJPY.

TF: Any (i use 1M).

MM: I use 1/25 from deposit for 1 order.

TP: fixed.

SL: not used.

Profitable: 30-50% per 24H.

I will try to explain how to detect entry for long and short positions:

First of all make 3 charts with RPoint (Swing_Point) indicator (u can find it on MQL4 database collection): EURJPY EURUSD USDJPY.

Entry for short position with detection of TP:

Waiting for moment, when new HIGH will be less than prev. HIGH on all 3 charts.

Entry for long position with TP:

Waiting when new LOW will be larger than prev. LOW on all 3 charts..

If TP-target was not reached, no problem, hold this order open.

P.S. Sorry for my Eng.

P.P.S. Pictures included in *.rar file..

Have any questions? - Ask me.. I will try to explain u better, if u need.

I cannot download screenshorts from here. After download I'm getting only gif file 1 x 1 pixel. Why ? Who substituted original archive ?

 

problem

Geldz:
Anyone has tested my strategy?

What do u think ? How is resultz?

Thank you.

I try to test your strategy, but for clarity cannot download images you posted in the first post. Here I see attachment size 451 k, but after download is only 45 k and cannot open archive.

 

Thanks to share cross pair trading strategies. I am going to follow it.

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