Re: XU-Hybrid 4.0 Trading System

#972
BeatlemaniaSA wrote:
Fri Jul 29, 2022 12:46 am
Make those PIP$ and don't forget to pay it forward to those less fortunate than ourselves :hug: :problem:

Warmest regards,
BeatlemaniaSA
Many thanks for sharing. How to set TP and SL, though? Also, what are the trade exit criteria?

Re: XU-Hybrid 4.0 Trading System

#973
fuseb wrote:
Fri Jul 29, 2022 6:07 pm
Many thanks for sharing. How to set TP and SL, though? Also, what are the trade exit criteria?
Hi fuseb,

SL you can set depending on the amount you are prepared to risk on the trade, for example 1% or 2%. There are websites that will allow you to calculate this. :) Just search using Google. Also, it can be set just above or below the previous high or low (I personally like to add an extra 5 pips on top of that).

TP's can be implemented in the following ways:

1) A fixed amount for example 20, 30, 40 pips away from your entry

2) Using a trailing stop on your trade

3) Exiting at the next opposite arrow signal

Regards,
BeatlemaniaSA
“Self-realization is the ability to achieve freedom from ordinary daily demands and to know that true happiness
comes from fulfilling our own potential and from lifting those around us without the thought of self-gain.”

Re: BeatlemaniaSA's XU-Hybrid Trading System

#974
Brotha I think you've outdone yourself with this one man. I really like it and took some profitable trades off of gj with it last night. Sucks the sentiment thing doesnt work for indicies but other than that this is your Magnum Opus. Superb


Re: BeatlemaniaSA's XU-Hybrid Trading System

#976
kenshin281180# wrote:
Fri Jul 29, 2022 9:20 pm
Brotha I think you've outdone yourself with this one man. I really like it and took some profitable trades off of gj with it last night. Sucks the sentiment thing doesnt work for indicies but other than that this is your Magnum Opus. Superb
Yeah.. really wished it worked for indices

Re: BeatlemaniaSA's XU-Hybrid Trading System

#977
kenshin281180# wrote:
Fri Jul 29, 2022 9:20 pm
Brotha I think you've outdone yourself with this one man. I really like it and took some profitable trades off of GJ with it last night. Sucks the sentiment thing doesn't work for indices, but other than that this is your Magnum Opus. Superb
Thanks kenshin, :)

Yeah, I'm pretty bummed about the sentiment indicator as well! I searched but could not find any indicator that showed for indices. I love to trade indices, and that would have taken it to another level.

However, if any member or master coder knows of a sentiment indicator that works on indices, please let us know, and I'll include it ASAP ;)

Regards,
BeatlemaniaSA
“Self-realization is the ability to achieve freedom from ordinary daily demands and to know that true happiness
comes from fulfilling our own potential and from lifting those around us without the thought of self-gain.”


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