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

654
Hello David99

No problem!
Should have thought of that sooner.
I am sending all the indicators used and a few others that I tried lately with good results but decided not to include on this template.
Tell us what you think so we can all improve on it.
Hope you have fun over the weekend.
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Re: MT4 Trading Systems (Old or new!) Please post here

658
PIPin Tom wrote: Sun Oct 06, 2024 8:00 am Still fiddling with the setup and template I posted yesterday and keep noticing that if the rules are followed a lot of pips can be won, and above all, quite a few bad trades can be filtered out.
Try it for yourself and let us know .
Check USDCAD H1 by yesterday's closing:
Hello. I want to express my gratitude for this trading strategy. I installed it on my terminal, please share the big arrows like you have on the screenshot. Thank you)
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PIPin Tom

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

659
PIPin Tom wrote: Sun Oct 06, 2024 8:00 am Still fiddling with the setup and template I posted yesterday and keep noticing that if the rules are followed a lot of pips can be won, and above all, quite a few bad trades can be filtered out.
Try it for yourself and let us know .
Check USDCAD H1 by yesterday's closing:
My suggestion is to reduce drastically the number of indicators on the chart. Many of them give redundant and duplicated information, as any indicator is a derivative of price. To trade effectively manually our brain needs few clear information to get quick and smart decisions. A good scheme would be having as a core 4 indicators like these:
  • Trend
    Momentum
    Support/ Resistance
    Entry/ Exit
On top of this, a couple of extra confirmation, as long as the strategy is not perfectly fine tuned.

+C+
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"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro

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

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Good day gentlemen,

Thank you all for your feedback.
Cagliostro, your contribution is vary valuable (I have been following your system also) and I intend to reduce and fine tune the system. It's obviously a work in progress. Just happened that this particular setting was giving me very interesting results, even though it looked overcrowded and redundant. That's why I asked for input and feedback.
As to the arrows I forgot to include on the list. I was experimenting with Forex holy grail indicator (found on this forum) and supposedly non-repainting. We will see when the markets reopen!
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