Hey FourXXXX thanks for your posts. Helps us who are still trying to understand the system a lot.FourXXXX wrote: Mon Oct 31, 2022 9:36 pm I would suggest trading with the bias on both timeframes until you learn how to make a profit.
According to your screenshot, You can trade a BIAS against a MASTERBIAS... So far all parameters are in place to take the trade.Giangyforex wrote: Mon Oct 31, 2022 7:09 pm Forgive me Guys, i have a simple question , When we have a Master Bias on M15 Like the attached image , when there is an opposite Bias i can trade both ?
or i must trade only the Bias that follow the Master Bias ? thanks a lot
If you've mastered the system to some level, you can trade against the open line...quick scalps..tricks89 wrote: Mon Oct 31, 2022 11:03 pm Hey FourXXXX thanks for your posts. Helps us who are still trying to understand the system a lot.
What if you have a down trend on M15 and Daily open is Blue.
Do you wait for it to cross under the daily open line otherwise you wont take the trade?
Thanks
Τhanks a lot Maroka.maroka wrote: Mon Oct 31, 2022 11:30 pm If you've mastered the system to some level, you can trade against the open line...quick scalps..
If not, then only look to sell when price is below the daily open line, and only look to buy when price is above the daily open line.
...and look to take trade close to a dot, not when price has moved far away from a dot, unless you're comfortable with the risk.
If price has gone far from a dot on M15, you can go-to M5, to find a an entry.. often you'll see second dot entries on M5 in the direction of M15 trend.
I trade US30, so things may be different with forex pairs.tricks89 wrote: Mon Oct 31, 2022 11:41 pm Untitled.png
Τhanks a lot Maroka.
What confuses me is this.
This example is today at this moment.
The price is way above the Daily open but on the left there is a big Arrow down ( i got it on circle on that picture )
Would you focus on buys here and ignore that arrow?
Although the selfish guy is gone. But I still found it.Mrs.Watanabe wrote: Sun Oct 23, 2022 8:05 pm I wonder if he will tell us.....
Perhaps a commercial indicator ”UPD1 Murrey Math Combo Levels”
Mrs.W
Murrey Math Line ( only OverBought / Over Sold )honje19960321 wrote: Tue Nov 01, 2022 6:55 am Although the selfish guy is gone. But I still found it.
honje19960321 wrote: Wed Nov 02, 2022 1:56 am Backtested indicator or trading system: XU-V46
Backtest Trading Method: Use Soft4fx
Backtest currency: USDJPY
Historical date of backtesting:
2022/1/17 — 2022/4/11
Chart time: none
Chart type: Reiko
Leverage 1:1000
Gross Profit: 1 218.06
Gross Loss: -129.53
Total Net Profit: 1 088.53
Profit Factor: 9.40
Expected Payoff: 35.11
Absolute Drawdown: -7.44
Maximal Drawdown: -51.21 (-14.00%)
Relative Drawdown: -14.00% (-51.21)
Total Trades: 31
Short Positions(won %): 13(61.54%) Long Positions(won %): 18(66.67%)
Profit Trades(% of total): 20(64.52%) Loss trades(% of total): 11(35.48%)
Largest profit trade: 502.21 loss trade: -17.38
Average profit trade: 60.90 loss trade: -11.78
Maximum consecutive wins: 6 consecutive losses: 2
Maximal consecutive profit: 742.90 consecutive loss: -34.76
Thank you.fibo7818 wrote: Mon Oct 31, 2022 12:49 pm The platform I use is rather troublesome. In China, I mainly use Wenhua Finance Boyi Master software instead of MT4, and I mainly use MT4 for processing. What I mean is that you need to observe what cycle the variety index or system you choose is suitable for
Two trade charts, the first 23110 is Friday's late open interest, the second is Monday's opening 45 minutes of earnings accumulation
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