A trend-following strategy. - page 9

You are missing trading opportunities:
- Free trading apps
- Free Forex VPS for 24 hours
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
You know the relationship between teacher and pupil? Everything depends on the student, not the teacher. Because if the student will literally use what the teacher teaches, he will not learn anything. Rules are not followed by literalness but by love, it is written in the Bible.
Well you don't want to teach students ... Or do you think people should understand for themselves? if this is a public forum, and MT5 is aimed at the masses - you need to teach (especially if it is a public strategy). And the terms (I have never heard such terms like yours) - that is theory, and practice.
Otherwise it turns out that we have opened a branch for ourselves....
without money management it's not a strategy, don't you agree?)
I, by the way, do not have a strategy. After all, I did not invent caliper resistances and how to analyze and trade on them. I am not the author of the indicator, that I use for this purpose. My branch is called like this: Market Condition Evaluation based on standard indicators in Metatrader 5
And I have a lot of goodies there (new Expert Advisors and indicators are created by kind people ...) :
Forum
Market Condition Evaluation based on standard indicators in Metatrader 5
newdigital, 2013.06.06:48
Market Condition Evaluation
story/thread was started from here/different thread
================================
Market condition================================
3 Stoch MaFibo trading system for M5 and M1 timeframe================================
PriceChannel ColorPar Ichi system.================================
MaksiGen trading system================================
Merrill's patterns are on this page.================================
Divergence- how to use, explanation and where to read about.================================
Scalp_net trading system================================
MTF systemsmore to follow ...
Well you don't want to teach students ... Or do you think people should understand for themselves? if this is a public forum, and MT5 is aimed at the masses - you need to teach (especially if it is a public strategy). And the terms (and such as you have never heard) - that is theory, and practice.
Otherwise it turns out that you have opened a branch for yourself ...
If I were acting as a teacher, I would fail in practice. I offer communication on an interesting methodology and strategy. There are people who are grateful and interested. There is no point in advertising either.
The Bible is hardly compatible with speculation )
Here was my mistake - I didn't look at the default lot size in Metatrader 5 settings (as I was trading exactly one lot before):
I usually use 0.1 lot per 1k of deposit. That is, if I want to take a position with 0.1 lot (for another pair for example) I need to have 2,000 deposit. This is my money management (if I'm trading seriously).
Here was my mistake - I didn't look at the default lot size in Metatrader 5 settings (as I was trading exactly one lot before):
I usually use 0.1 lot per 1k of deposit. That is, if I want to take a position with 0.1 lot (for another pair for example) I need to have 2,000 deposit. This is my money management (if I'm trading seriously).
The points for drawing the flat trend line and the bounce trend line can be taken from e.g. a fractal. For a normal trend line, the drawing can be done by calculating a breakdown on the basis of a rebound trend line or a flat trend line.
I.e., it all starts with drawing of the flat and rebound trend lines according to the fractal signals. After that, the third point is looked for, i.e. maximum or minimum (as the 3rd point of the channel), and the rebound or breakdown signal is diagnosed by it. Reaching the third point, it is in fact a new rebound signal, and we get a new flat extremum, i.e. extension of the flat by the rebound signal.
For the trend lines, we will need to calculate the vertical line of "trend initiation window".
This is approximately how the indicator should look like.
There is a new post in the trading methodology thread. Made some corrections. Thank you all for the Brainstorm)