I am finally getting around to sending you this screenshot to see what you think. I've marked the
trades for today so far. It really looks impressive. The only thing is that I was not in front of my computer to witness this. I'm just hoping that it is not too good to be true.
Can u please post the PCR Freedom indicator. Will be much appreciated. Many thanks
this inc still can be use in market ranging..let pip and pip..all of pip..
What's the arrows that you've in your chart?
Could u post the indicator?
Seems ppl are using this indicator in very complicated manner. I do trade live. Riskin 1$ for 10pips, but I'm using fibonacci progression method. Very quick, stress free trading.
Togu, Can you please share your fibonacci progression method?
Sure it, goes like this 1-1-2-3-5-8-13 etc
Wher martingale has higher risk than fibonacci
Martingale 1 x2 x2 x2 sure aloot of risk involved
my scalping systems
Hi just wanna share my trading system here... wonder it will be useful to combine with the TS systems
Currency: GBP/JPY or USD/JPY (though i use it mainly on gbp/jpy:
Timeframe: 1M, 5M, 15M
Indicators: 3 sets of bollinger bands:
1) Period 50. Deviation 2 (RED)
2) Period 50. Deviation 3 (orange)
3) Period 50. Deviation 4 (Yellow)
Once you load your template you will notice the three sets of bollinger bands. Now, price will constantly range between these lines.
When price crosses the upper red band , at least half way to the orange band (if it gets to the yellow band is better but not as usual) Then the price will tend to retrace towards the center of the bollinger bands, you profit form this retracing.
Buy Strategy, it is the same as selling, the difference is that we will wait for the price to range between the lower red and yellow bands, and trade the retracing towards the center.
Tips: do not trade on ranging ,or quiet markets, do not trade previous to news releases. Go for 5 to 10 pips. Great system to trade between opening of london session and the closing of the japan session.
Stop Loss: since this strategy requires you to look at the screen (remember this is the 1M time frame) I tend to have two kinds of stops: time based and loss based.
Time based: Try and figure out how long will it take the market to get in your expected direction, if the time that you planned is already due, then close the order. No point on waiting for a loss...
Stop Loss: Since you are trading a very tight time frame your stops should also very very tight. Sometimes, you will profit from a 3 minute trade and you wont be able to set a proper S/L. So your stops will be given to you by your money management system...
Download Template for Metatrader Platform:
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hi optical , thanks for share your system here, anyway how long did u trade with this system ?
Forex Indicators Collection
thnx 4 sharing
"at least half way to the orange(dev3) band"
without "do not trade on ranging ,or quiet markets"
looks like about 50/50