- 2013.05.29
- www.mql5.com
Forum on trading, automated trading systems and testing trading strategies
Which strategy is best to close the position?
Sergey Golubev, 2019.04.22 09:36
The Importance of Exit Strategy
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The threads on the forum:
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Videos:
- Simple example about entry and exit method for swing traders (D1 timeframe)
- Effective Forex Exit Strategy For Traders
- The Importance of Exit Strategy, part 1
- The Importance of Exit Strategy, part 2
- The Importance of Exit Strategy, part 3
- The Importance of Exit Strategy, part 4 - guidance of great traders
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Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2017.06.29 07:52
PriceChannel Parabolic system
The beginning - Channel systems
- Channel trading system - the key thread
- SHI Indicators thread
- Price_Channel_v6-ea thread
- Price Channel thread
After
PriceChannel Parabolic system basic edition
- indicators and template to download for black background (first post of this
thread)
- PriceChannel indicator is on CodeBase here, same
for white background, how
to install
- Clock indicator to be used with this trading system - Indicator displays three variants of time in the chart: local, server and GMT
- PriceChannel ColorPar Ichi system is on this
post
PriceChannel Parabolic system second edition
- indicators and template to download for black/white background - look at this post.
Latest version of the system with latest EAs to download
- pricechannel_parabolic_system_v1 EA
- pricechannel_parabolic_system_v1_1 EA with
updated indicator
- Fully updated EA with trading system is on this post and latest indicators to download
How to trade
- tp/sl levels and timeframes
- how to trade with explanation
- graphical illustration about where to enter
and where to exit with latest version of the system
- how to use AFL Winner indicator with more
explanation,
- Updated manual system with templates and indicators - this post
The setting for EAs: optimization and backtesting
- optimization results for this EA for EURUSD H4
- backtesting results for EURUSD H4 with the
settings #1
- backtesting results for EURUSD H4 with the
settings #2
- optimization results for EURUSD M15
- backtesting results for EURUSD M15 with the
settings #1
- optimization results for GBPUSD M15
- backtesting results for GBPUSD M15 with the settings #1
Trading examples
Metaquotes demo
- MT5 statement is here
- Updated statement is here
- More trading updates
- Updated MT5 statement
- More updates
- 811 dollars for 3 trading days and final statement for scalping
GoMarkets broker, initial deposit is 1,000
- statement (77 dollars in less than 1 hour)
Alpari UK broker initial deposit is 1,000
- statement (517 dollars for one day)
RoboForex broker initial deposit is 1,000
- first statement
- updated statement (257 dollars in 2 days)
Since every symbol is different, any such choice is arbitrary. A starting point might be n × ATR, with n
being [2.5 … 3.5].
Hi all,
Lets say you entered in a good point of a Healthy H4 trend
Lets say you earned 150 points or the amount you like in your strategy and you want to setup up a stoptrailing
How many points would be your choice like 100 or 150 or what?
It depends on the currency pair and the time you are prepared to leave your position open.
I myself perform individual tests on all pairs that interest me and I make customized settings for each one of them.
There is no easy answer in these questions, but for a H4 trend strategy, I prefer a SL level close to the daily range.
Since every symbol is different, any such choice is arbitrary. A starting point might be n × ATR, with n
being [2.5 … 3.5].
thanks
It depends on the currency pair and the time you are prepared to leave your position open.
I myself perform individual tests on all pairs that interest me and I make customized settings for each one of them.
There is no easy answer in these questions, but for a H4 trend strategy, I prefer a SL level close to the daily range.
thanks, does daily range mean D1[0] ATR?
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Hi all,
Lets say you entered in a good point of a Healthy H4 trend
Lets say you earned 150 points or the amount you like in your strategy and you want to setup up a stoptrailing
How many points would be your choice like 100 or 150 or what?