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- Loqito replied Dec 7, 2018
Preservation of your depo should be in the first place...No grid, no martingale. Take a loss about 0.5-1% of your depo and go forward. In case of loosing about 10% during some period of time - take a break, think about it. 10% loss is not 100% loss. ...
- Loqito replied Nov 28, 2018
Thank you for your kind reply. Yes, the band has moved up after I opened my trade. Originally the previous bullish candle (previous to my bearish entry candle) did not close above the band, but it has pierced it through. I think it was valid entry.
- Loqito replied Nov 28, 2018
You made me curious - what was wrong with my USDJPY entry yesterday? I have read the rules and I am not able to find my mistake. I can imagine only one thing - I did not wait for price to climb above band, may be. But bar tail has pierced through ...
- Loqito replied Nov 28, 2018
image Update on USDJPY sell - there is a reason why this order should be kept until price comes to 114.000 level - this will be round number and also the trendline is over there. All H4-W1 TF slopes are under 0.3 currently. Probably reversal will ...
- Loqito replied Nov 27, 2018
image USDJPY sell was opened in the morning according to the rules, stop is high above (100 pips). Now waiting for price to reverse. This is my first experience with so called "repainting" indies. But system looks reliable, so why not try on demo ...
- Loqito replied Nov 25, 2018
I have finished my demo-trading on H4/D1, my opinion is that this system is not so good for higher TF. But also it works great for 5m/15m during London and NY sessions.
- Loqito replied Oct 23, 2018
I agree also, but I can trade only H4 or above. I will try to find the way of using MTF stoch, I have some months ahead before I will finally make my decision.
- Loqito replied Oct 23, 2018
I still follow my plan to go live after New Year on H4 TF. Now on demo, more than 1 month. Result is mixed, +10% to depo with 1-2% risk per trade during 1st and2nd weeks of October and -10% from depo during previous week. As I told before - H4 TF ...
- Loqito replied Oct 13, 2018
No problem, this is your opinion. I know, that some people consider backtesting useless. I do consider it useful, but there is no point to start long discussion. Yes, this is great thread.
- Loqito replied Oct 13, 2018
Tried to make manual backtest of EURUSD 4H GMT+2 according to original rules ( BE at 150 Fibo, TP at 200) using OGT Price indi with Cfudge settings from Jan 2016 to Oct 2018, seems like this pair is not profitable. Could be interesting if someone ...
- Loqito replied Oct 12, 2018
hzs10, thanks for the strategy and also for you story about bad experience with Forex. Not many people wanna help others under such conditions. You are doing great thing.
- Loqito replied Sep 29, 2018
I think, that watching current timeframe stochastic behaviour can be very useful, this is just matter of practice. But, really, it is just about personal experience and choice. For sure, S&R, pivots and EMA also can be helpful.
- Loqito replied Sep 28, 2018
Not only you, I also will have to change/improve something about exits (trading H4), because difference between H4 and D1 is really serious. Using MTF for exit is not the best option in most of cases for H4. Only time will tell if I am wrong or ...
- Loqito replied Sep 26, 2018
I am not surprised, because today FOMC rate probably will go up. Better stop trading for today now.
- Loqito replied Sep 24, 2018
Just my opinion - try to calculate your lot using reasonable SL and reasonable MM like 1-2% of your depo in case of SL per each trade. I am also on demo and probably will start live trading after New Year (if I will be satisfied with my ...
- Loqito replied Sep 15, 2018
image Just some thoughts about exit on higher TF. As far as I understand, Bobby are trading mostly on 5 min. TF with current to MTF (15 min.) ratio 1:3. We all know exit rules. But when you are trading H4, then the ratio is 1:6. And it makes some ...
- Loqito replied Sep 13, 2018
I am still testing system on demo, just because do not like to rush. There is no need to hurry up. Using 1H and 4H and trying to figure out the best way to exit. Trailing is not always a good option. Stops are also the things that should be cleared ...
- Loqito replied Sep 8, 2018
Thanks for strategy. I am testing it on demo and seems it works. My opinion is that entries should be confirmed by TDI divergence (for example). Otherwise it is too risky. And I think you have to change your MM to be not more than 2% per order, so ...
- Loqito replied Sep 6, 2018
You are doing a lot of job. Hope you will earn money with this system. Note, that as far as I understand even thread starter do not use the system. I have spent few days some time ago trying to backtest the system manually with different settings ...
- Loqito replied Sep 4, 2018
Everything was already explained by Bobby. There is enough info for anybody. Next thing is just about personal staff - if this person can use such info for profitable trading or not. More info will not help, in my opinion. Bobby left after he did ...