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this is really exciting, magic ma even better than retest in term of win/loss ratio. probably one concern from me, trading magic ma seems exposing a lot risk given the way plotting stoploss, do i make my point any sense? what is the average RR in your live trading history, if i may? thank you
edit. by the way, what is the parameter of your ma,25 ema on M15?
Quote:
Originally Posted by mphpopular
I would recommend Magical MA (higher win/loss ratio), but with the condition you have understand truly about TL, candlestick, HH HL LL LH formation and SR.
Somehow you might try this. Use the TL + retest thread as a reference to the market direction and learn about drawing TL & etc. Then trade using Magical MA.
this is really exciting, magic ma even better than retest in term of win/loss ratio. probably one concern from me, trading magic ma seems exposing a lot risk given the way plotting stoploss, do i make my point any sense? what is the average RR in your live trading history, if i may? thank you
edit. by the way, what is the parameter of your ma,25 ema on M15?
I didn't take trade less than 1:1 RR ratio. As long as it is 1:1 above, then I'm ok with it.
Ya, you did expose to a higher risk compared to the retest method. That's why your analysis on the direction of the pair in higher TF is very important when you trading magical ma.
Hi, mphpopular, thanks for the update. That's very helpful. I was just wondering if any zigzag type indicator may help to identify this HH HL LL LH formation.
Hi, mphpopular, thanks for the update. That's very helpful. I was just wondering if any zigzag type indicator may help to identify this HH HL LL LH formation.
Not sure about that, but I would say "manual" wins over the "indicator".
Thanks. I juz corrected the post23.
Linear Mode
