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I have 8 years of experience in trading. I am a trend follower and i trade mostly using the Turtles method.
Because the markets have changed since 80's i use longer periods for breakouts and trail stops, no pyramiding and a bigger ATR multiple as stop loss.
Before trading based on a new method or a new set of parameters i backtest and so should you!
Because the markets have changed since 80's i use longer periods for breakouts and trail stops, no pyramiding and a bigger ATR multiple as stop loss.
Before trading based on a new method or a new set of parameters i backtest and so should you!
Daniel-gheorghe Muresan
Rule no.1: Cut Losses Immediately I did not truly understand this rule when I first started trading. I had read it everywhere: cut your losses, use a stop loss, keep losses small. It sounded logical, almost obvious. Of course i would cut my losses...
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Daniel-gheorghe Muresan
About: Keltner Channels EA on MT5: https://www.mql5.com/en/market/product/165072 The expert advisor fully automates trading based on the logic of the "Keltner Channels Buy Sell Alerts" indicator...
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Daniel-gheorghe Muresan
Published product
Keltner Channels EA Expert Advisor that fully automates trading based on the logic of the "Keltner Channels Buy Sell Alerts" indicator. Trading logic The EA opens, manages and closes trades using exactly the same signal and exit rules as the Keltner Channels Buy Sell Alerts indicator: Entry Buy signal: previous bar close > upper Keltner band Sell signal: previous bar close < lower Keltner band Exit (configurable via input parameter Exit_Mode) Opposite band cross (default in indicator)
Daniel-gheorghe Muresan
Anyone can follow a system during the uptrend but few can follow it through the drawdown.
Daniel-gheorghe Muresan
About: Keltner Channels Buy Sell Alerts on MT5: https://www.mql5.com/en/market/product/162461 Keltner Channels are a popular technical analysis tool developed by Chester Keltner in the 1960s, often used by traders to gauge market volatility and identify potential breakout or reversal points...
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