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The most important indicator is price particularly when you are trading on the short term and if you are going to a long term trade, it plays a significant role as well. Another important thing is Money and the Risk management. So it can be possible to trade and make benefits without using the indicators.
hi everybody.this is my first time in this forum and it is really interesting for me.thanks also to rifo valas for sharing your great idea.i am really sorry for my poor english. for me hedge is a good techniq for use in forex if you have good money management and trading system.just stick for one and believe it as you can believe but , what i always warn to myself is dont ever try to leave stoploss in any trading.not means too tight but must reasonable with following our money management.thank you all..
I have no knoledge of programing, but if someone can do this , it's a great idea:
martingale ellements will remain. but with some changes.
1. we wont open two trades to opposite direction. it's stupid.
2. 1 min chart
3. steps will every 10pips.
4. 3 bands will give the indication of a buy or a sell.
bp:40---bd:3
bp:40---bd:4
bp:40---bd:5
5. with tp changing according to the last opened trade.
if anyone thinks it's a good idea, and wants to give it a try .
It can be a winner!
aqz
--
Shay Ronen
__________________
"It's a great MIZTVA to be happy always"
i am not a smart person in this market and as a normal i have earn more profit and more lose during all my trade.this is my experience and true story.trust me dont ever trust in small time frame just looking at least at h1 and above.differ of that is almost whipsaw. in forex it never let you perfect in anykind of techniq.this is because you never trust your system if you are always looking to the chart with taken order in short time frame.trust me some tiome you win but your potential to lose is more higher.here you will trap in bad psychology.till now i am trust in hedging .there are more advantage we have as a small trader.below are hedging advantage n hopely can share with you all:
1. need big margin / capital to trade(that mean your money & risk management may done properly)
2. big time frame without whipsaw may seen
3. follow the action and floating money from big traders
4. you are free from fear,greed and other psychologies effect.
hopely can respond any command.thank you.....Allah is ONE
Hi,
i found the following EA (a modified version of bless)
but in backtest it doesnt make any trade.
Does anyone know hot to make backtests and or let this work on demo account?
Can somone look into it and put a working EA here?
(btw: i have gmail.mqh but this seems not to be the problem)
thanks
backtest i found is attached on ther second thread below.
Hi freemenn,
Thank you so much for your sharing about this EA.
I have been forward testing this FifthE T.K.2.2.2 and it comes out not bad result. I use FXDD MT4 platform.
However, I also have a Aplari UK demo account and it has 5-digits deimal
and it seems not working properly on such brokers.
I also tried another "Bless" version, called "Bless 2 V5" and it works both
on 4 digits and 5 digits.
I wonder if you or someone here can modify it to auto-adjustable for
4-digits or 5-digits decimal brokers.
hello, I am looking to work with a programmer to create an EA based off of a manual price action trade method. if interested in creating and sharing the EA, please PM me
thanks
__________________
Keep your enemies close and your stops closer
so,what i mean is that, with only see the candle, can we know where is the buyer/seller put their order?i am very sure that there are a very few people who can trade like this.