MaxTorque wrote: Wed Jan 20, 2021 10:24 am

May I ask you, how is your money management ?

Thank you und regards

k_khan_bt wrote: Thu Jan 21, 2021 4:47 am You can try forex with this, do not use SL, trade small 0.01-2... Close trade after 5 minutes

Hi @Charli

Can you please elaborate what do you mean about small 5-min forex lot further?

charli wrote: Thu Jan 21, 2021 6:57 am

Hi @k_khan_bt, I was thinking as you got nice results with bo to implement the same strategy with forex, just do not use stop loss, and close the trade after the expiry of the same minutes that you are using in bo. If you try live acc. better to start with small lots anyway...If you want to test this approach with your strategy, maybe you will be surprised how many pips you gained overall...

k_khan_bt wrote: Thu Jan 21, 2021 7:43 am


Thank You @Charli

Yes You re right
I trade Minor Pull Backs & Fractals mostly therefore got an idea of average true range pattern,
pips will surely be scalped more then expected
I will very soon try into Forex you re right about not setting stop loss however in BO we trade time not the range thus it will be initially challenging to set up a different state of mind.

Regards

Cladi39 wrote: Thu Jan 21, 2021 12:13 pm

The problem is broker commision, for example if you catch only 1 candle in 1m TF your pips will not cover the broker commision and you lost.

sal wrote: Thu Jan 21, 2021 2:53 pm

correct... or incase trade win even you will get only cents... not in dollars.. what is the use.

k_khan_bt wrote: Thu Jan 14, 2021 10:04 pm @Brother SAL

Also I want to Thank You So Much for all your kind efforts,mentorship & guidance here at this thread.
I am going Green as usual using candlestick math, S&R, Pivots & some of your old indicators. hitting 10k to 163k in 24hrs in "Practice Account" & counting the winrate happily.

sal wrote: Sun Dec 20, 2020 3:19 pm new zigzag + fractal +rsi strategy test