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- Mourad replied Dec 30, 2018
Insults over the internet aren't taken personally, they are funny,, shows you that everyone with a computer and an internet connection thinks that he should have an opinion on every matter, even if he talks out of his a$$
- Mourad replied Dec 30, 2018
Before you think about EA's, just try to find a strategy that works! This is the most difficult part. If you found one and traded it mechanically without improvising [means it can be coded], and you have a live account to prove it, you won't need to ...
- Mourad replied Dec 20, 2018
I know it's an old thread and the idea proved to be a failure, but let me plot my experience with a similar approach. I didn't read any of the mentioned references on this thread, but once I learnt coding EA's, I dropped down to M1 charts and coded ...
- Mourad replied Nov 24, 2018
It's easy to code, but unfortunately the strategy itself doesn't work, I've tried the engulfing bars before. It's still hit and miss, no matter what moving average (or any indicator derived from moving averages) you combine it with. So I'll pass ...
- Mourad replied Nov 2, 2018
Actually it doesn't work like that. At best, a strategy that has 50/50 ratio, means you should be @ breakeven, but you still pay spread, commissions and swaps, so you lose more than you win. If you thought about it, finding a strategy that loses 70 ...
- Mourad replied Oct 2, 2018
Mr Ata, I had 2 questions regarding London to London trendline. 1- Do the rules state that we only short below it and long above it [along with the LWMA]? 2- How do we clone the Lo-Lo trendline? If you have a picture with explanation ready, it'll be ...
- Mourad replied Oct 1, 2018
TP hit..
- Mourad replied Oct 1, 2018
long @ 1.15990 We were above the green line, and London to London TL, and m15 closed above the red TL. Don't want to rush moving to BE, better give it some room to breath. TP @ 1.16172
- Mourad replied Sep 29, 2018
Actually it might be beginner's luck. Will see that next week. I took all signals even if S/R levels say this might be dangerous, only to test the entries. I did that while thinking in automating the rules. But I disregarded this. Manually will give ...
- Mourad replied Sep 29, 2018
At first I was using a different angle for drawing the trendline, and I still made profits. That made me more confident because the angle is just a road sign, not an over optimized parameter that will fail when market conditions change. But I was ...
- Mourad replied Sep 29, 2018
For the debate that has been going, I always like the idea of EA's, so you sleep while having a personal ATM generating money for you. And when I saw this thread, and took a trip inside the rules, it fits me, I like quick trading, and when London ...
- Mourad replied Sep 27, 2018
Managed to close one short at 6500 and the other at 6430 As a reminder for me and other newbie..., follow the rules (this is the hardest part), don't chase the market and use small lot size at 1st in order to be relaxed while trading.
- Mourad replied Sep 27, 2018
Is that a bullish divergence on H1? Or my eyes are playing with me? Edit: not anymore
- Mourad replied Sep 27, 2018
Took short based on rules, SL = BE+1 no, but will watch closely because a bullish divergence is forming on m15
- Mourad replied Sep 26, 2018
Already went long after London open when m15 bar closed above red TL, all set,, at the end of the day, it's the system's entry.
- Mourad replied Sep 24, 2018
There's a steep TL forming on m15, but not supported by a divergence till now.
- Mourad replied Sep 24, 2018
Took another quick 20 pips on a long trade, following the exact entry rules [break of the red TL], I know it was risky because of the long candle, but the system works, so no problem pushing it to the limits in extreme cases for training.
- Mourad replied Sep 24, 2018
My long trade got stopped out at -6 pips. Will see what happens to price after the speech, if there's something that makes sense, will keep trading, other wise I'll call it a day.
- Mourad replied Sep 24, 2018
A while ago I noticed the same anomaly, and was thinking to code something for that [ a scalping EA], but when I checked it back, I found out that it doesn't necessarily affect the direction of the following bar, so it was 50/50, no edge..