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Pro Trading By MetaCoder
Dec 08, 2011 at 21:55
The Bollinger band is a very powerful indicator if used properly. Question is can you use this powerful indicator to make mind blowing profits from forex like I do on a daily basis?
In my next post I'll demostrate how you can spot price reversal patterns effectively.
In my next post I'll demostrate how you can spot price reversal patterns effectively.
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forex_trader_36599
เป็นสมาชิกตั้งแต่ May 13, 2011
1329 โพสต์
Dec 08, 2011 at 22:10
waiting to learn
Dec 09, 2011 at 08:38
How to Spot a Bullish Reversal:
- Wait for price to touch lower Bollinger band + make new low on Bar.
- Candle must be a Bull at close ie Candle must close above its Open
- Candle Close must be below 18 Moving average
***Go long on next Bar
- Place stop at low of previous Bar
- Target is the difference b/w open and close of the previous Bar
- Wait for price to touch lower Bollinger band + make new low on Bar.
- Candle must be a Bull at close ie Candle must close above its Open
- Candle Close must be below 18 Moving average
***Go long on next Bar
- Place stop at low of previous Bar
- Target is the difference b/w open and close of the previous Bar
ไฟล์แนบ :
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Dec 10, 2011 at 09:21
In Summary, The 4 consecutive Bar method is very useful for trend direction confirmation especially for those Traders who look to ride trends.
See below Images
****Questions and comments are welcomed.
See below Images
****Questions and comments are welcomed.
ไฟล์แนบ :
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Dec 16, 2011 at 20:27
(แก้ไขแล้ว Dec 16, 2011 at 20:56)
There is no such thing as a "Bad Market", IMO only thing There is are "Bad Strategies", cos while you struggle to make little profits in a period you think as Bad, Someone Somewhere makes it big.
Secret is the Technique/Strategy applied.
**Your Techniques/Strategies should change when the market appears to be going out of sync and your system turns obsolete. Of course this might require some little experience and hardwork.
Simply Put "Dynamism is the Key to Making it Big and Lasting a Long while at the same time"
My week was fantastic, hope it was for ya'll as well .... Cheers everyone.
Secret is the Technique/Strategy applied.
**Your Techniques/Strategies should change when the market appears to be going out of sync and your system turns obsolete. Of course this might require some little experience and hardwork.
Simply Put "Dynamism is the Key to Making it Big and Lasting a Long while at the same time"
My week was fantastic, hope it was for ya'll as well .... Cheers everyone.
My recommended Broker
forex_trader_36599
เป็นสมาชิกตั้งแต่ May 13, 2011
1329 โพสต์
Dec 20, 2011 at 12:04
seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?
MetaCoder posted:
amag80 posted:
hi,
do you own a EA ?
I own several EAs
Dec 20, 2011 at 16:46
(แก้ไขแล้ว Dec 20, 2011 at 16:52)
Your pretty much correct. I however manage a greater pool of my funds over Java platforms, they are much more faster than MetaTrader
walker36 posted:
seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?
MetaCoder posted:
amag80 posted:
hi,
do you own a EA ?
I own several EAs
My recommended Broker
forex_trader_36599
เป็นสมาชิกตั้งแต่ May 13, 2011
1329 โพสต์
Dec 20, 2011 at 17:11
java is faster agree. but I have asked if you have any EA coded and BT ed with eg BB system? I am not asking to get a copy if you have. just asking if you have a Past performance test results.
MetaCoder posted:
Your pretty much correct. I however manage a greater pool of my funds over Java platforms, they are much more faster than MetaTrader
walker36 posted:
seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?
MetaCoder posted:
amag80 posted:
hi,
do you own a EA ?
I own several EAs
Dec 20, 2011 at 17:32
Yes, the Bollinger band system along with my numerous other strategies have been coded and backtested as well
walker36 posted:
java is faster agree. but I have asked if you have any EA coded and BT ed with eg BB system? I am not asking to get a copy if you have. just asking if you have a Past performance test results.
MetaCoder posted:
Your pretty much correct. I however manage a greater pool of my funds over Java platforms, they are much more faster than MetaTrader
walker36 posted:
seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?
MetaCoder posted:
amag80 posted:
hi,
do you own a EA ?
I own several EAs
My recommended Broker
