Hi NewDigital, maybe I should ask your help to trade my account with this kind of result

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David Michael H
"Trader helps traders with sincerity, honesty and integrity"

I am testing on demo.
But you understand that I am playing about.
Want to double deposit.

Of course the main task for me now is to set up the chart for other timeframes than M1.

Newdig,

What are you using as your exit (TP) strategy?

Thanks.

I open the order.
So order opend.
Than I modify the order: right mouse click, then "Modify or Delete Order".
Window is opened (see image):
1. set to 10 pips.
2. Click (see image).
3. Click once again.

If I can not press on the 3rd button I press the second once again (because on M1 timerame the price is moving fast sometames).

Thus the profit is less than 10 pips sometimes because I open the order first and price is going to -4 or -5 and I'm modifying the order from this -3, -4 or -5. But i am not waiting especially. I am trying to do it very fast. But because of M1 timeframe the price is moving very fast in some cases.

Attached Images

exit.gif (46.7 KB, 1159 views)

Oh - so you focus mainly on the entry and then simply take a standard "10 pip" profit. Now I know.
Thanks ND.

What are you using as your SL strategy?

I'm a little confuse here.. your statement shows a pos with huge pip.. how do you play by the trend using M1 or did you palyed Swing beside of trending.. hmmm

as I see this system , it trading within PSAR range(use as trading trend) buy/sell after PSAR then try to get out ASAP with 5-10 PIP.
And SL with ......I don't know yet.


I think this system in many trades with automatics the result still doubt.

But it have potential to develop more on other TF.

Statement was updated.

$11,800 for 6 days (61,800).
starting from 50,000.
Most higher lot size was 8 (starting from 1).

I will describe in few posts what I am doing.

Attached Images

ASCTrend.gif (4.7 KB, 690 views)

Attached Files

ASCTrend.htm (36.4 KB, 92 views)

Well.
It is most recent example.
USDJPY (see image).
Uptrend according to RSIFilter_v1 and RoundPriceNE_big_separate indicators.
It means that all sell signal should be ignored.

May we enter on case 1 (see image)?
No. Because of the following:

1. LabTrend3_v1 is located too close to the price. Flat.
2. This uptrend was started long time ago and it may be reversed soon. Because this system does not discover the trend or reversal in the beginning of the trend. Everything is coming late. So it is risky to entre on the case #1.
3. Other charts/pairs which we are not trading are not showing good clear signals. It means the price is moving mechanically just "occasionally".

May we enter on case 2 and 3?

1. Yes. Because it is uptrend according to all the indicators with all the confirmation.
2. Because other pairs started to move in the same time with USDJPY (about 10 or 10:05 at my MetaTrader's time).
3. Because we see the good signals from the other charts/pairs which we are not trading. I understand it as "planned" movement of the price.

We should open all 4 charts even if we are trading 1 chart only.
I am using SAR for enter, not to estimate the trend.
And I am using all the indicators not for the enter/confirmation only. I am using it all the time.

Attached Images

asctrend_m1_v2_usdjpy.gif (25.6 KB, 1215 views)