DislikedHi, Just completed a manual back-test .......Have a Good Weekend ... with back-testing.Ignored
Regards
Winners Never Quit, Quitters Never Win
Renko channel + Fast EMA = simple and profitable 788 replies
Three EMA 50 (High, Low, Open) & RSI 14 2 replies
Credit goes to 100PipsADay & 'D1 - 20 EMA & 50 EMA' 12 replies
Simple RSI Strategy & EA 1 reply
DislikedHi, Just completed a manual back-test .......Have a Good Weekend ... with back-testing.Ignored
Disliked{quote} Hi emmanuel7788, good results, thnx for sharing, i like the simplicity of this method. I'll check this on demo and will wait for your results/analysis likewise. RegardsIgnored
Disliked{quote} Hi, I like simple trading methods. They all work only provided we as traders knows when to trade and when not to trade. We must know when to place our entries and exits, and we must have the discipline to follow simple rules and not get distracted by things around us especially discussions in forums like FF. We must learn to stay focus in doing the trading tasks every day no matter what the surrounding environment we are in. Here is another back-test for EURUSD H4, same period from June 24 (post Brexit) till Jul 16. {image} Looking at EURUSD...Ignored
DislikedTime frame : H1 , H4 In this Strategy , we use 3 indicators: 5-period Exponential Moving Average (EMA 5) applied to the Close. 12-period Exponential Moving Average (EMA 12) applied to the Close. 21-period RSI (RSI 21) Entry Rules for Long Trades: Its simple. We enter a long trade when EMA 5 crosses above EMA 12 to the upside AND our RSI 21 > 50. Entry Rules for Short Trades: Enter short when EMA 5 crosses EMA 12 to the downside. AND RSI 21 < 50. SL/TP as you perceive feasible according to market/Pairs Stop loss = between Approximately 35-60 or more/less...Ignored
Disliked{quote} Right Jusiur , it's evident that ahmedabbas has copied the Bagovino Method.Ignored
DislikedI use to use this system as my main system. it works fine. but may I add a few things I found out 1. only open a trade. in the london open to 2 hours before the close 2. you need to have a candle enty after the cross 3. put a stop below or above a swing 4. do 1 to 3 rrrr 5. only take a trade 1 or 2 times after a cross of the rsi 6. make sure the rsi is not moving fast the wrong way even if over the 50% 7. f you are trading on the hour make sure you have the rsi on at least the 4 hour is in line. may even want the day 8. best candle entry. for. me...Ignored
Disliked{quote} You got this strategy from an ebook by Thomas Carter https://www.amazon.com/gp/aw/d/15033...1VL&ref=plSrch I recommend always back testing a strategy, especially from low budget ebook said sold on Amazon because anyone can write and sell an ebook nowadays.Ignored
DislikedI use to use this system as my main system. it works fine. but may I add a few things I found out that worked for me ,,,,,, In an uptrend 1. Only open a trade from the london open to 2 hours before the London close 2. Enter with a candle pattern after the cross of the RSI and the MAs to the upside 3. Put a stop below the last main swing 4. do 1 to 3 RRR 5. only take a trade to the upside the 1st or 2nd times after a cross of the RSI over the 50% level 6. make sure the RSI is not moving fast the downward even if the RSI is over the 50% 7. if you...Ignored
Disliked{quote} Hi, I like simple trading methods. They all work only provided we as traders knows when to trade and when not to trade. We must know when to place our entries and exits, and we must have the discipline to follow simple rules and not get distracted by things around us especially discussions in forums like FF. We must learn to stay focus in doing the trading tasks every day no matter what the surrounding environment we are in. Here is another back-test for EURUSD H4, same period from June 24 (post Brexit) till Jul 16. {image} Looking at EURUSD...Ignored
Disliked{quote} Hi, I like simple trading methods. They all work only provided we as traders knows when to trade and when not to trade. We must know when to place our entries and exits, and we must have the discipline to follow simple rules and not get distracted by things around us especially discussions in forums like FF. We must learn to stay focus in doing the trading tasks every day no matter what the surrounding environment we are in. Here is another back-test for EURUSD H4, same period from June 24 (post Brexit) till Jul 16. {image} Looking at EURUSD...Ignored