I'd like to share this with you guys, incorporate this into your entries and analysis and see how it changes your results.
Two charts, Two scales, One window 2 replies
The Power Of Now 4 Forex 14 replies
Help ! How To Combine Two Dde From Two Different Brokers? 4 replies
Keeping Some Fire Power In Reserve 0 replies
Disliked{quote} Would you mind sharing the setups with screenshots if possible?Ignored
Disliked{quote} Sorry - it was EU. KZ times are 7.30am to 10am & 1pm to 3.30pm https://www.tradingview.com/x/a3YngxCG/ https://www.tradingview.com/x/4KW9poz6/ https://www.tradingview.com/x/ExHKzlEl/ https://www.tradingview.com/x/rkyL7azs/ https://www.tradingview.com/x/lMtTiKU4/ https://www.tradingview.com/x/M1nZCT8f/Ignored
Disliked{quote} I will check these setups on the chart myself but from what I can see already before doing any analysis and confirming the bias and momentum myself, is that the first one is a valid loss. In the second one, the entry was invalidated because the candle that followed the sweeping candle was an inside bar, and to my understanding that invalidates the trade idea. In the third one it was the same scenario as the second one, the sweeping candle was followed by an inside bar which invalidates the trade idea. The fourth trade is actually a winner,...Ignored
Disliked{quote} Thanks for looking into them, I'll explain some of them before you check them on the chart to clear up any questions. 1. Fine 2. The inside bar was the candle that tagged me into the trade (the buy was placed after the candle before the inside bar swept). 3. I thought that an inside bar, stopped the ability to keep extended the sweep NOT invaldiated the whole trade setup. 4. Fair point - maybe I wasn't tagged into this one yet so it eventually ran to a winner - https://www.tradingview.com/x/8s2FgEri/ 5. For this one, I got tagged...Ignored
Disliked{quote} I also backtested the same period, February 2022 on EU, and I analyzed and simulated exactly how I would've personally taken the trades, and I ended up with 5 wins and 7 losses; a 41.6% winrate and +8% PnL. I did forget to leave the positions on after doing it so apologies for that I would've provided screenshots otherwise.Ignored
Disliked{quote} Thanks for testing it. Woukd have been great to see your trades but will let you know the next month I backtest.Ignored
Thanks
DislikedPlease, can someone explain: what is Directional Bias (ProDB & CtDB) ? What is counter ? ThanksIgnored
DislikedJust backtested 1st month - Feb 2022. Pro H4 Bias only. Not using H4 momentum filter. 6 Trades - 6 Losses. Here's to hoping that was a bad month for the strategy!Ignored