Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
another question I have about that pointer is why does it stay where its at when its way out like that. When it touches the zigzag it will move to the next bar if the next bar is lower or higher. However it seems to stick to where its at when its way off like that.
Depends on who you ask. I get in ASAP. Forex11 looks at candle formations. But I use a 4HR & he uses 1hr. If I use 1 hr I would do what he does.
Also I set my stops under/above the arrow (+/- 20-30 above/below the high/low) so when I get stoped out there is no arrow anymore. I wait till I see a new signal. I can lose 10 times & its only about 300 pips yet the average win is twice that.
Confused yet?
Bear-
Hi Bear,
That a good info from you.
Your KISS system has, on the average, consecutive LOSS/WIN = 10/1.
Total_Profit_LOSS(10 losses) / Profit_WIN = 1/2.
But 1 Loss = 30 pips and 1 Win = 600 pips average.
So that total profit for one transaction (one arrow+NLZZ) is equal to 600 - (30x10) = 300 pips average.
I assume that profit is only from one pair, so it will be about three time if we trade GJ, EJ and UJ....Great !!!!
I would say yes. In my method I have a bit less losses, but the profit to overal loss ratio might be the same. Still there are more losers than winners. One needs to get their head around this before going live.
How are you doing with the nonlagdot indicator, thus far? (Folks I voted "good" in the poll and please excuse the interupption...I have been following along in this thread and I felt that user4001's contribution, might have been overlooked)
Learning how to be a trader and dealing with back to back losses proves to be challenging and I understand those of you needing filters to deal with managing your emotions. You are not wrong.
You guys have taught me more in this thread than I thought was possible. I even had a pretty good profit this week. Hopefully, you'll get that 'Vanquish' soon. See you guys next week.. Have a Safe and Happy Holiday..
Hey spibytes,
You are very welcome. We believe in what goes around comes around.
Arrow
Linear Mode
