why to follow old saying that coders are no traders ? why can not coder earn most money beside doing coding and ea?Krelian99 wrote: Sat Apr 07, 2018 3:32 am
Puh, you ask questions. That makes me hard to think about some niceties. You must see the whole system. SL, TP, volatility, full positioning or 3/4 stop. That's what I never liked to do. Naked trading looks difficult but it is in the end so much easier. You have to do some research and since volatility of every pair is different, you have some time to spent with. The pic is just a quick consideration, nothing for out-of-the-box. Yes, if ready, the hamster earns steadily money.
GBPAUD H1 PZ DT.png
An old saying is: Coders are no traders and traders are no coders. Coders earn most money with coding and a bit with an EA or long-term trading, what is more investing than trading. Copy+paste some code here and there is no coding, of course. Every trader should know some basics of coding.
Did I say that naked trader are more profitable or that more naked trader are profitable? One or three indicators can help, but it's better to learn to listen to the market first and then to add an indis or two or three. You see the forums are full of people just copying indis or strategies without the basics of trading. What does it bring them? Nothing but frustration. I mean what do they think? To be rich without knowing the basics? That's BS. The market is always right, equal what you may wish. Instead of listening to the market you collect so many indicators and don't learn to read the interpretation of the market with a certain indi. As I mentioned before, you must know what you do and better the why.
Traders with simple charts and a plan are more profitable than traders with a complicated chart and without a plan. It's not my quote, but it is true:
i think coders are better traders. if they can code well that means they understand markets better.
mladen's and mrtool's indicators are more effective because they understands market better , so they are great coders.
if you say three indicators are better then i do not see any indicator on your chart that filters sideways market, better still you show indicators to readers as that will help them understand sideways markets better and i think that will benefit them a lot, that is the most important part on this forum.
what is your definition of simple chart and complicated chart ?