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- mcphrant replied Mar 1, 2023
Congrats. Keep doing what works for you....
- mcphrant replied Feb 24, 2023
Look mate, I was lured out by the comedy on this thread. Just reading the last two pages of this thread, and found the quote about someone needing to clear their name on FF hilarious...Have no axe to grind with anyone here. take care..
- mcphrant replied Feb 24, 2023
[/quote]If you value ryuryu as a friend you can CLEAR his name immediately from what you misread as random attacks on ryuryu by certain posters (as for some reason ryuryu seems to avoid and deflect from all questions about a Commercial Status for ...
- mcphrant replied Jan 20, 2022
So true...
- mcphrant replied Oct 14, 2021
Yep. That is correct. I experimented with this setting to purposely reduce the amount of trades in order to lower the high draw down on the 5 minute charts originally. It did reduce the many trades, drawdown, and intervention, but I was not ...
- mcphrant replied Oct 13, 2021
15M Settings for Icarus_2.2.1_Modified magic=11235 grid_size=20 gs_progression=3 take_profit=20 profit_lock=0.3 min_lots=0.1 equity_warning=0.2 account_risk=1.0 progression=3 max_positions=6 unbalance_control=0 max_spread=100 show_forecast=1 ...
- mcphrant replied Oct 4, 2021
That is a good question. I do remember that there once was a huge draw down on USDJPY which was offset by a a large gain on USDCAD. But then the danger of no stop loss is always blowing up your account. There are no guarantees. First objective of ...
- mcphrant replied Oct 4, 2021
Please see attached statement from a demo account from May of this year which I have used to fine tune my settings over time . Started with original Icarius on the 5m chart, and updated to Icarius 2.2.1 Modified around July. Also switched to 15M ...
- mcphrant replied Sep 7, 2021
Filtering by price action helps to reduce losing trades. Does not eliminate losses. Your long entry is right after price made a Lower High followed by a Lower Low.
- mcphrant replied Sep 3, 2021
Thank you Inception12 for that Profitable Strategy Indicator. This is definitely a must have trading tool. Very useful in quickly identifying supply & demand zones visually, which facilitates my trading between the zones. Very clean and clear ...
- mcphrant replied Aug 5, 2021
Four candles previous to your entry, price made a higher high. These are price action clues to watch for. The previous sell arrow to your entry sell arrow, price was making a lower low. Would also suggest trading the 5 minute chart at the very most ...
- mcphrant replied Aug 20, 2020
Because his chart is zoomed (magnified) 1 level above the recommended zoom level which your chart is on.
- mcphrant replied Aug 18, 2020
FWIW, added a 9 EMA set to close, which helps to filter counter trend entries. It may or may not be helpful to some in reducing the losing percentages.
- mcphrant replied Feb 27, 2019
I am not here to defend anyone, and I have not spoken with George on Skype or Teamviewer, and I certainly do not have any agendas for or against George, but I have been around FF long enough to see both scammers, and trollers. Now as far as I can ...
- mcphrant replied Feb 1, 2019
But what I see is that he is trying to help folks with his brand of price action strategy which may help some traders. Take care.
- mcphrant replied Feb 1, 2019
Everyone has a different style of expression. Some do it with fanfare and some not. Are you the 'expression' police?
- mcphrant replied Jan 3, 2019
'Patience exercised'. Because he is taking the buy trade from support i.e. S61, S78 etc.. Sell trades are taken from resistance R61, R78 etc. Read the rules again.
- mcphrant replied Apr 9, 2018
Just want to commend mrdfx on this thread. This is one of the very few helpful and polite threads I have seen in years and many of the contributors are genuinely trying to provide a useful and profitable 4hr trading system.
- mcphrant replied Apr 9, 2018
First time writing on this thread even though I have been following from the start of this thread and have one live account and 2 demos running with alternate settings. I would select panel 2 based on the total all time profit even though I am not ...
- mcphrant replied Nov 4, 2010
H L C — url I take my New York high, low, close from this site on the daily tab.