I tried to create a mean reversion indicator with clear buy and sell signals. It closes the position as soon as RI reverts to mean, limiting any huge loss/profit.
I'd love to hear your comments on this, thank you.
I'm having nice results at H1 trading pullbacks! However, I think what this is missing is a volume confirmation. I found "Waddah Attar Explosion with Regularized Moving Averages" is a great complementary indicator. particularly with the regularized MA. https://forex-station.com/post1295558942.html ...
I have an idea for trade confirmation. People here are way smarter than I am, so I'd love to hear your opinion. The correlation between currencies are way too complicated. Instead, we can only confirm the strength of that currency vs USD. For example, when trading NZDxxx pairs, we only trade BUYS ...
First, thank you so much! Very solid work. I'm not very good at trading but I think it can be used in several ways: - pullbacks trading - trend trading - crossovers trading My question is, what's the best timeframe for this system? My fav is H4. I check the chart at 8, 12 and 4 pm that's when I ...
I think you'd find this information useful if you are using a trend-following strategy. I asked chatgpt "What are the most trending forex minor and major pairs" and it came up with this list: GBP/JPY (British Pound / Japanese Yen) EUR/JPY (Euro / Japanese Yen) GBP/USD (British Pound / US Dollar) AUD ...
Parabolic Velocity using PSAR (Parabolic Stop And Reverse) This is a velocity using a parabolic psar. Not sure how useful yet but thinking it may be useful for velocity exits. https://forex-station.com/download/file.php?id=3448529 [/url] Wow this looks real good, would it be possible to add alerts ...