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Originally Posted by questormon
I would appreciate any help or comments from the forum.
I have developed my charts with the following indicators:
1. StepMA ("Hist_StepMA_Stoch_KV1_Ex_02.mq4" with Bars=2000
2. EMA50 plotted on chart
3. Fibonacci Pivots (“FiboPiv_v3.mq4”)
4. Camarilla Pivots (“0 – Camarilla Zones_01.mq4”)
5. Inverseind with EMA50 (“IND_Inverse_Histo_v1.mq4”)
Could someone confirm whether the settings should be:
For StepMA:
PeriodWATR=10, kWATR=1, HighLow=0
or
PeriodWATR=10, kWATR=1.1, HighLow=1
For Inverseind:
iperiod=1
or
iperiod=2
Does it matter that the fib and camarilla indicators calculate based on GMT if I am trading 8am to 12pm EST?
Is there any consensus about where to place stops?
Thanks for your help.
Questormon
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For CatFX50 you need 1. (2000) + 2. (with 10/1.0/0)
The rest is not really part of the system - it depends on you if you want to them for an exit strategy.
Initial Stop 34 pips. (uses Nina)
I trail the stop under the usage of Fibo-Pivots (but including the feelings of my stomach) in line with my exit strategy - reaching the next step of fibo pivots - exit a lot (1/3 or 1/4 part of the position size) and trail the stop to the previous step.
b.r. mibl