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Which indicator is the best to measure breakout ?
på
Erfaren Traders
Jun 11, 2011 at 04:34
Chikot,Good manual traders are not easy to find. "Good" means positive mental status, no emotional and rational action, teamwork, no heroism, responsible to shareholders' interests and obey code and protocol by FRM. If I spend all time on human resources and team relationship issue, I will die.So proprietary EAs (24 hours working) are my choice to replace trader's skill and let qualified FRM to monitor the portfolio risk and market risk.Therefore, I can spend time to focus on non-financial business and enjoy leisure time.I used to read the start-up business rule. One man band...
Which indicator is the best to measure breakout ?
på
Erfaren Traders
Jun 11, 2011 at 02:03
PipGnostic,Yes, I agree and know time is precious. So I made up my mind that I used to employ traders for manual trading in the past. It is costly but worth to save my time.Right now, I fired all traders and use EA. Employed FRM to control risk and MM. Still costly but I can spend time on research, reading, outdoor activities, seminar, video game, travelling overseas and looking for new retail business .So don't be an old style and traditional trader now !!Good luck
i was just scamed .. london mt4 broker manipulation scheme
på
Erfaren Traders
Jun 10, 2011 at 11:19
If your broker is connecting to STP or ECN (no dealing desk), manipulated is hard to do. Trading volume is extremely huge daily. You are just talking 2000USD trading is small amount.I traded many years and target 70-80% yearly. I didn't find this issue around me. Using public listed brokers would be better.Perhaps, your bad money management made you blow out. I think.If you found scamed, report FSA to open file.
Which indicator is the best to measure breakout ?
på
Erfaren Traders
Jun 10, 2011 at 11:10
PipGnostic,You are so professional and familiar with Bill Williams' theory !!. Your suggestion seemed positive. But fractal is difficult to determine sharp of rectangle for breakout dowwards or upwards.Anyway, I will test it again this weekend. There is another indicator named "Gator Oscillator". How to use it?
Which indicator is the best to measure breakout ?
på
Erfaren Traders
Jun 10, 2011 at 10:50
PipGnosyic & Chikot,I plan to write EA to trade. By manual trading, I can easy to follow your suggestion in the MT4 chart. However, it is difficult to teach EA for stimulating you idea.Any point?
Which indicator is the best to measure breakout ?
på
Erfaren Traders
Jun 10, 2011 at 07:09
Which indicator is the best to measure breakout ?Some traders told me, support & resistance, but didn't say in detail;some told MA cross line;some said RSI 20-80;What does indicator use in good successful break out system ?
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