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Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Sat Dec 09, 2017 2:07 am
by ikamos
And this one too
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Sat Dec 09, 2017 5:05 am
by Desatar
Hy guys,
try to recreate your setup with success. I see where this is going and I like it. I am just curious about your entry and exit rules for this system.
Keep it up. Great.
D.
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Sat Dec 09, 2017 6:23 am
by tradd
Desatar wrote: Sat Dec 09, 2017 5:05 am
Hy guys,
try to recreate your setup with success. I see where this is going and I like it. I am just curious about your entry and exit rules for this system.
Keep it up. Great.
D.
I think BB, Macd and Mav numbers are a result of optimisation.
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Sat Dec 09, 2017 8:27 am
by ikamos
Hello Guys,
This is what we need to know, first things first the trading view is used by me when i am away from my system so i monitor my trades.
Using MT4 with Mr Mladens and Mr tools indicators are the dominant part of my trading life.
I have a trading account there too
I do not trade using the traditional take profit or stop loss /trailing stop approach.
Since i am not a Christmas tree style trading system enthusiast i strive to make things simple.
easy on the eyes and head.
You can find the settings used below there are two basic ways to exist trades with that setup, everyone will just figure out how to open a position/enter a trade.
Most times in order not to trouble my life so much i simply close trade:
1, when a candles (starts) forming inside the Bollinger Bands with out touching the band
2, When the MAV/MACD line intersect
3, There is another MA on chart for obvious reasons
4, If you keep this simple you will get the hang of this.
5, It is safer if you trade on higher timeframes 4H and 1H when you have a small account like $30, $50, $100, $200 or if you want to practice
also use a very small lot size for the first month trying this or for the first 10 trades.
its a pretty decent way to start.
6, Bollinger Bands Period 18 or 19
Deviation 1.1
MA Close/use Linear weighted
MAC 10,23, Close Signal smoothing 7
Old trading system from PTL will be available anytime now
Mladen Gravity will be put there so we can all try it out. (Talking of Mladen's Gravity a lot was put into making it simple so we don't have to know every technical or fundamental analysis to take trades)
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Mon Dec 11, 2017 8:49 am
by shreck
Here is the Original PTL BO used here before, you should take my advice and live Binary options for the selected few.
Trade forex and start making profits no matter how small.
But it will be your choice, i will upload the system ikamos should have some screen shots ready and also make some explanations.
The contraption looks ugly but it works!!!!! very well even for forex.
To be explicit it has a way to help you pick only profitable trades on forex (30M,1HR,4HR) very simple.
Like i said it was originally made for Binary options.
Old members of forex-staion know what i am talking about,no close call, no breathing hard or chest palpitations.
With this i take between 4-6 trades on-going simultaneously all different pairs (no bullshit) with just 5 minutes expiry.
You should consider doing 5M chart with 25-M30M expiry if you do Binary.
Just use try my advise and try forex, only a few people are enjoying Binary.
The discipline for Binary is too much for many
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Mon Dec 11, 2017 8:55 am
by ikamos
Hello Guys, Ladies and every individual in-between
A description of how i enjoy this "contraption" will be explained after the picture illustrations
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Mon Dec 11, 2017 9:01 am
by ikamos
These are the ones on 1HR i think it will be good for Forex trading, easy to avoid ranging/sideways or account busting price movements.
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Mon Dec 11, 2017 9:03 am
by ikamos
I will describe what we see in the morning
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Mon Dec 11, 2017 9:49 am
by ikamos
The arrows should tell the story, this is how i would take trades on 1Hr charts
The HMA should touch the TMA Bands also the Laguirie filter
Then we watch the momentum indicator to align nicely crossing zero line, then we make the entry
We exit when first momentum tread TOUCHES ZERO line, or you use your discretion.
Remember we don't trade the beautiful charts, we trade the opportunity presented in the strategy.
Maybe i will find time to record or do pictures of Binary trading with this one, may i will do only live forex trading
Re: The Rebound Line Strategy By Ikamos and Shreck
Posted: Mon Dec 11, 2017 4:22 pm
by ikamos
Still going up, hohoho
Hope others caught it from last week, we exit only when a candle forms inside the Bollinger bands without touching the bands.
With this basic/simply approach you shouldn't worry about setting take-profit, stoploss etc.
Just spoting ,clean entry and clean exit