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AskingAlmond

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About AskingAlmond

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  1. Very nice thread! It has been proven that MT4 and many other servers can be manipulated to appear real. Because the traders domain is not even regulated, the possibility of broker slippage is extremely likely! Only displaying tradingview and saying you made 8pips and 10pips anyone can do that!
  2. My favorite indicator is the ADX, but not for the 1M time frame. I usually use it for 30 minutes or 1 hour to see if there is a strong trend. I was considering adding 50 SMA and 100 SMA to this strategy for a more clear entry and to filter out some false signals.
  3. Yes, this is true. I use the same follow the trend and make it as simple as possible. Yes, I am working on it to filter some fake signals and i will posted very soon. Attached you will find some results from this strategy.
  4. For a first post, there are a lot of questions. So, first and foremost, I like simplicity and believe in it because simplicity is good. 1. The EMA and SMA are nearly identical. If you use EMA 233, you will notice that it is nearly identical to 200SMA. I chose SMA 200 because it is widely used by traders. 2. I live in Albania and put it through its paces on European time. As a result, I believe the London session will be beneficial. 3. Yes, I tried it only to find the trend and not to take any positions; as you can see, this strategy is only for 1 million TF. 4. I usually use two EMAs, 55 and 89 on 1H to find the trend. That was extremely beneficial to me. 5. Finally, I use the Pivot for profit targets. For example, if I start from S2 and the trend is up, my TP is S1. (10-15 pips ahead of it). Sorry for my English, but it is not my first language. Best wishes to everyone!
  5. To all, I discovered this strategy and modified it by adding some rules and an additional indicator. Please take a look and let us know what you think. Charts: MetaTrader 4 platform (or Other) Time period: 1 minute All pairs (recommended GBP/JPY exchange rate) Moving Average Indicator Daily Pivot Points SETUP: 1. Select a pair and switch to the 1M Time Frame. 2. Select Moving Average Indicator and configure it as follows: 200 a) Period 0 b) Shift 0 c) MA Simple technique d) Apply to: e) Color: Blue (thick line) RULES: 1. Keep an eye on the blue moving average and be prepared to trade when the price HITS / CROSSES the blue MA. 2. Buy when the price is ABOVE the blue moving average. 3. Enter SHORT when the price is LOWER than the blue moving average. 4. Calculate STOP LOSS based on the previous HIGH / LOW. 5. Increase the TP value by 15 to 25 pips or more (Recommended for GBPJPY only). 6. Furthermore, avoid taking positions against the 1H or 4H trend. The template for MetaTrader 4 and the indicator for daily pivot points are attached. Best of luck with your trading.
  6. If you want to become successful in the forex market, you have to get all the basic knowledge of forex perfectly and properly.
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