Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

232
Sincere007 wrote: Sun Nov 29, 2020 5:19 am

Hi mechkad,
do you use default settings on all timeframes for indicator murreymath 1.0.
P-240 and stepback-0
Yes Its a dynamic indicator , my choice to choose the H4 (240 bar), but you can choose other things.
Input parameters:
P = (default = 64) :period in bars , on which the lines will be calculated. The lower is the number the more current but less accurate calculations will be.
StepBack = (default = 0) — a shift back for calculating the lines.
you also have other versions of MurrayMath indicators; for example to identify the confluences of levels in mtf.
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Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

234
US30 M5 SELL 30085
Entry strategy 2 ndot, in m5 under mm200, pp day, Murray H4 +1/8; with a ridiculous stop for this asset of 7 points !!! therefore the R: R (risk reward ratio) will be enormous if it takes the right direction! TP calculated as H4 fibo -0.272(29950) and -0.618% (29880) tp3 free.
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Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

235
Mechkad wrote: Tue Dec 08, 2020 5:15 am Snipaste_2020-12-07_19-04-35.jpg
US30 M5 SELL 30085
Entry strategy 2 ndot, in m5 under mm200, pp day, Murray H4 +1/8; with a ridiculous stop for this asset of 7 points !!! therefore the R: R (risk reward ratio) will be enormous if it takes the right direction! TP calculated as H4 fibo -0.272(29950) and -0.618% (29880) tp3 free.
Tp1 Done 29950 but not trigger on my side (forgetting the order, it happens :)) Clear the short positions by playing the murray levels on M5, fractal resistance H1 H4; MM 144/200 on H1 + turning point on several TF. I don't insist when the R: R is very good. Several round trips at 90 points on average with an R: R of 13 times my risk (SL 7 points! 1% risk for 13% gain on average).
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Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

236
Mechkad wrote: Tue Dec 08, 2020 8:28 pm
Tp1 Done 29950 but not trigger on my side (forgetting the order, it happens :)) Clear the short positions by playing the murray levels on M5, fractal resistance H1 H4; MM 144/200 on H1 + turning point on several TF. I don't insist when the R: R is very good. Several round trips at 90 points on average with an R: R of 13 times my risk (SL 7 points! 1% risk for 13% gain on average).
TP1 et TP2 Done 29950/29880 ;) C'etait un Trade à 29 R Max, Mini 13 R , gain 13 à 29X le risk (1%) ! Malgré un flux faible et un choppy market .
no hope mode, no regret, management of losses and its risk / ratio makes the difference, whatever the system used.
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