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Everything here is purely by EA (99.9%)
What targets on TP and SL do you have in mind?
Understood - I only mentioned for anyone new to the platform.
In my EAs for FX majors, I use 2500 points for the initial SL and trailing stop losses to take profits; a threshold of 100 points in profit for the TSL to activate then trailing distance of 50 points to keep win rate high but also take advantage of large price movements.
Guys, I have been trading since 2011, I have tried nearly 2000 strategies, I have build almost 2000 Eas and indicators, on this olatform and on other platform, but I have not really found what works, what actually works? and does such a thing exists?
Understood - I only mentioned for anyone new to the platform.
In my EAs for FX majors, I use 2500 points for the initial SL and trailing stop losses to take profits; a threshold of 100 points in profit for the TSL to activate then trailing distance of 50 points to keep win rate high but also take advantage of large price movements.
I tried your EA today (backtesting) and have to say that it is interesting. It is not taking many trades, but for good reason, it places an emphasis on being safe.
The simpler the strategy, the better. I have witnessed numerous instances where traders overcomplicate their approach to the point where it is almost impossible to comprehend.
I've seen too-basic strategies that produce good results, like donchain channels and range breakout.
Additionally, I would like to believe that successful strategies frequently incorporate some form of grid, hedge or martingle functions, which a manual trader may find difficult.
I’ve got an economist locked up in my basement. Every morning, I shake him violently by the shoulders and yell, ‘Up or down?!’ Then I trade whatever he mumbles. If I lose a trade, he gets punishment.
That's one of the funniest things on this website.
I'll like to discuss my trading with you. Please don't assume I'm just another fake guru. Let's actually talk first. I have data to back up everything I say.
Guys, I have been trading since 2011, I have tried nearly 2000 strategies, I have build almost 2000 Eas and indicators, on this olatform and on other platform, but I have not really found what works, what actually works? and does such a thing exists?
take any strategy
modify it for your style/personality
back-test it, tune it an improve it till you get better results, then
start to forward-test in demo account to see it's performance
I strongly believe that
If you work on any strategy long enough
any strategy can be profitable...
take any strategy
modify it for your style/personality
back-test it, tune it an improve it till you get better results, then
start to forward-test in demo account to see it's performance
I strongly believe that
If you work on any strategy long enough
any strategy can be profitable...
If you are looking for a decent strategy with 50-60% Win Rate
there are many strategies working well with 1:2 or 1:3 RRR
If you work long enough with any average strategy, I strongly believe that it you can turn it into a "Goose that Laid the Golden Eggs"