- Search Forex Factory
- 91 Results
- steve2010 replied Jul 31, 2017
Markets are largely random, but there are some points in time when they are predictable and will undergo "flight of levy" i.e breakouts and trends. If you were to generate random numbers and apply the right formula, you end up with charts that look ...
- steve2010 replied Jun 16, 2017
You can try Darwinex, they are an ECN with low spreads, FCA regulated. Not sure how the commissions compare to other brokers though
- steve2010 replied Jun 4, 2017
I think this is similar to zone recovery, and in the end it's just a sort of martingale strategy. My advice: forget the holy grail. Learn how to develop a trading system, learn some statistics so that you can identify when you have a system with an ...
- steve2010 replied May 10, 2017
I noticed that both USDJPY and EURUSD had been running with the recent USD strength, and thought it might be interesting to see what the EURJPY cross was doing in relation to this. The correlation over the long term had been quite high recently, so ...
- steve2010 replied May 9, 2017
I got lazy and haven't quite finished the indicator, but it works, more or less. I put on a trade on EUR/JPY (short), let's see how it goes. image
- steve2010 replied May 7, 2017
Well, it seems to just use correlation determined over two separate periods. It should basically be this stuff: url I'll try code it tomorrow after work and see
- steve2010 replied May 7, 2017
I've tried some variations on these strategies but have not had much luck. I will have a look at your indicator requirements though and see if I can help. I did not know people actually wrote thesis on this stuff... being a scientist, I find it ...
- steve2010 replied Apr 23, 2017
I've been wondering about the same thing. Realistically though, I can't see how the VPS could easily monitor which alogrithms work and which don't, since they don't have access to view your trade account. They would need to maliciously hack in to ...
- steve2010 replied Mar 6, 2017
There are so few profitable traders on this site that anyone who is actually making money is a top trader (only 1% actually make real money - therefore they are automatically a top trader. The next 4% trade breakeven). So from, what I can see, I ...
- steve2010 replied Mar 5, 2017
Do a full back test first. Find 100 entry signals given by the indicator and determine the win rate, as well as the risk to reward ratio. There's no use trying to just look at it and see whether it seems profitable. If you can get a R:R higher than ...
- steve2010 replied Feb 25, 2017
The issue is that a single robot can never work. To be successful in algorithmic trading, you need a group of robots that can trade ranging, trending, volatile, non-volatile and a host of other markets attributes successfully. Next, you need a ...
- steve2010 replied Nov 27, 2016
It is so refreshing to see a thread here on FF where the OP has actually taken the time to properly backtest and clearly explain the strategy for a change. I especially like the use of pivot points and the daily open as supporting evidence in ...
- steve2010 replied Nov 20, 2016
Hi Jiva, I like the thread so far. This is nice mathematically proven way of trading (in fact, a lot of hedge funds do this on the long time frames). I'm just having some trouble seeing which one is your bb600 and which is the sma600 on your charts ...
- steve2010 replied Nov 16, 2016
I can't speak for Stony, but I think the 61.8 fibonacci retracement level after we get a signal works well. Also, look to see if price starts to touch the ichimoku cloud and pulls back from there.
- steve2010 replied Nov 16, 2016
UC making a nice pullback, watching for bearish evidence to enter short near the 50 or 61.8 fibo image
- steve2010 replied Nov 14, 2016
I don't want to get overly optimistic too soon, but so far I'm very impressed with this system. The win rate has been steady at 50%, but I'm pulling in 1:2 and 1:2.5 trades fairly consistently using the pullback method. I took a losing trade on GU ...
- steve2010 replied Nov 14, 2016
Waiting to see some bullish price action on GU. The pullback resembles a head and shoulders pattern, which makes me a bit hesitant, but we'll see how things play out once the London session gets underway in a few hours. image
- steve2010 replied Nov 10, 2016
Since the US election has thrown the longer term charts in to chaos, I decided to try some scalp trades today on the 5M charts, using the method as outlined in my earlier posts. Scalp trades so far - 4 Risk - 2% R:R - 1:2 Winners - 2 Gain/Loss: +4%
- steve2010 replied Nov 10, 2016
I think it is. Remember the fundamental market rule: You want to buy low and sell high. I think people underestimate this a lot. I've noticed that on FF, traders seem to be buying at higher average prices than they are selling at. Think about that ...
- steve2010 replied Nov 10, 2016
Check my earlier posts, I had the exact same idea ^_^ I think the best way to learn to recognize when the pullback is over, is to practice trading reversals. I spent several months following and trading Davit's thread on "Pivot Trading with TDI" and ...