Do u use automatic draw tend line?
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Posted 11 April 2016 - 11:57 AM
Posted 23 April 2016 - 05:06 PM
I must say what a great strategy this is.
The original rules + taking trade on 20 mins as well as 50 mins stricly is working excellent for me
Apart from TRX I use Forex MTN (doesn't really do much for me), the magical ADX and BB dev 2
To trade in trending markets here is what I do:
When the market is trending and ADX is over 25, if the :20 or :50 candle opens above or below BB dev 2 with the TRX lines inside, then it is safe to trade.
Posted 01 June 2016 - 03:16 PM
<Decided to remove my indicator based on the original strat.>
After 3 years of back tests and forward tests it is clear that this strat will only achieve about a 50% win ratio.
It has good days and bad days. If you can tell when the bad days are coming in your crystal ball then it'll work great.
OKAY..I got to page 17...so this strat wont work? Is that the conclusion to 40 page of thread? After I got to page 17??
MY GOD...say it isnt so!!
Posted 01 June 2016 - 03:20 PM
New people: This strategy has pretty much confirmed to NOT WORK, and we (look back in the thread) tested it extensively.
I did a 3 year backtest/forwardtest, and it pretty much came up as a coin toss... 50/50.
Don't use it!
There are no easy money.
Only the people that convince you there are easy money ends up earning easy money... YOURS.
So is this the final conclusion here? Shouldnt this thread be closed or something?? Or some NOTICE on the first page! I spent half the day reading through this thread...come on.
Posted 01 October 2016 - 05:09 PM
Indicators Used: Launcher TRX Indicator
Best Used During: Ranging Markets / Away From News
Call Opportunity :
- If at the :50 minute mark price is under the TRX line, call for the next :30 minute expiry.
Put Opportunity :
- If at the :50 minute mark price is over the TRX line, put for the next :30 minute expiry.
Please note: The expiry will always be 40 minutes away. For example: if at 3:50 the trade happens, your expiry time would be 4:30.
gave this a go. How would we avoid this as this was a clear OTM even though the rules met
Posted 14 December 2016 - 07:16 AM
I tried and modified indicator so it draws arrows and pops alerts (see inputs)!
The arrows come when at 50 minutes the bar open price is above or below TRX bands.
Only for 5 minute timeframe of course.
alerts come after the arrow appears.
Odsel - is actually a randomly generated name. It has no meaning. Once created for a single use, and now I register everywhere using it! ... I feel weird
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