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Re: MT4 Trading Systems (Old or new!) Please post here

josi, Tue Dec 15, 2020 11:17 pm

RplusT wrote: Tue Dec 15, 2020 10:57 pm Funny. I never heard that name. Again, it shows it does not matter what you put on your chart as long as you identify the rules and stick to those.
Years ago, after getting sick and tired of all the Indicators, I used exactly such set up (and I still do) but with a Stoch (10,6,8) and a 143 EMA and 233 EMA. Can trade any TF with that.
Hope, you don't mind me asking:
Minor but important details are missing:
I take it you used the Stoch as entry & exit trigger? (Hope, you don't mind: Stoch 14,3,3 for earlier signals?)
I take it you used the 2 EMAs for directional bias?
Did you only enter after price had touched MA (or MAs) & and when there was a clear directional bias?
Where was your SL (outside the slow EMA)?
Where was your TP (ADR?)
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