| New signals service! | |
|
|||||||
| Register in Forex TSD! | |
|
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time). Click here to register and get more information |
|
| View Poll Results: What type of SL are you using? | |||
| Numeric value |
|
1 | 9.09% |
| Exit signal given by your system |
|
2 | 18.18% |
| Combined (numeric and exit signal) |
|
8 | 72.73% |
| No Stop Loss |
|
0 | 0% |
| Voters: 11. You may not vote on this poll | |||
![]() |
|
|
LinkBack | Thread Tools | Display Modes |
|
||||
|
Hi,
Concerning exits I advise to read this http://www.traderclub.com/discus/messages/107/124.html In this bulletin you can find all answers on your questions. Igor
__________________
Let's improve trade skills together http://finance.groups.yahoo.com/group/TrendLaboratory |
|
||||
|
In your system you must use BreakEven Stop. It will increase your win/loss ratio considerably and in some cases will keep from whipsaws.
__________________
Let's improve trade skills together http://finance.groups.yahoo.com/group/TrendLaboratory |
|
|||
|
On D1 timeframe i suggest setting numeric SL at 100 pips, for Gbp pairs it could be even 110 pips, and that's on entry
Closing on exit signal. Bigger risk, bigger gains
__________________
It's not trading for living, it's living for trading Last edited by Braindancer; 04-19-2006 at 10:44 AM. |
![]() |
| Bookmarks |
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Help with BrainTrend 2 Signal Indicator | cgeorge | Brain Systems | 7 | 06-02-2007 05:12 AM |
| Exit indicator | kevmcfoster | Suggestions for Trading Systems | 2 | 12-19-2006 08:34 AM |
| What is the best exit indicator? | increase | General Discussion | 2 | 12-14-2006 12:46 PM |
| Any body can help me with this exit indicator? | shiningstar | Indicators - Metatrader 4 | 1 | 05-18-2006 04:56 AM |