Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Simplifying even more as suggested above.
5Lwma
Envelope 5lwma High +0.03 Top White, Bottom None.
Envelope 5lwma Low =0.03 Bottom White, Top None.
Demo bashing it to gain some confidence, before the 13 worked, then didn't work, lefts just run a tight auto SL and make more trades.
Obviously, don't go long at the low if the low is going down as it'll go lower.
Pull back while it's going up, then go long.
If it's got a trend then entering near the 5 is also acceptable.
Could possibly even code this, if 5 low > 5 low (-1 ) then Go long at Low + 3pts just set TP at 8pts and scalp like crazy all day long.
5Lwma
Envelope 5lwma High +0.03 Top White, Bottom None.
Envelope 5lwma Low =0.03 Bottom White, Top None.
Demo bashing it to gain some confidence, before the 13 worked, then didn't work, lefts just run a tight auto SL and make more trades.
Obviously, don't go long at the low if the low is going down as it'll go lower.
Pull back while it's going up, then go long.
If it's got a trend then entering near the 5 is also acceptable.
Could possibly even code this, if 5 low > 5 low (-1 ) then Go long at Low + 3pts just set TP at 8pts and scalp like crazy all day long.
Too much of an epic fail to keep experimenting with LOL thankfully Demo, lost appreciation of Chop and death by 1000nd cuts.
It's not far off, markets turned Trend so can fail so bad in trend as Trend is where method excels.
Demo NQ Short 10097 just for instance.
New Setup.
8LWMA H and Low
Then add 0.04% to either side.
Pulled back +$100 Demo, missed break up.
Enter near outter for chop and inner for direction.
24Lwma H and L aswell to gauge over all direction, yes it comes and goes.
It's not far off, markets turned Trend so can fail so bad in trend as Trend is where method excels.
Demo NQ Short 10097 just for instance.
New Setup.
8LWMA H and Low
Then add 0.04% to either side.
Pulled back +$100 Demo, missed break up.
Enter near outter for chop and inner for direction.
24Lwma H and L aswell to gauge over all direction, yes it comes and goes.
Demo or Live, hmmmmm I think Demo, give it a trade or 3 with no stress get back into.
Shame DAX shut earlier was around, came back and had to go out typical
Why didn't I just switch to the FTSE100 doh!! doh! and Doh!!
Might switch to UK100 anyway, it's less spikey good trends I see today!!
Shame DAX shut earlier was around, came back and had to go out typical
Why didn't I just switch to the FTSE100 doh!! doh! and Doh!!
Might switch to UK100 anyway, it's less spikey good trends I see today!!
And the old Million $$$$ question, if it was answerable 100% I'd be a millionaire.
Take the Bottom and Play NQ Long ( too late ) just happened break up.
It was 50/50 with a chance of a spike to hit SL either way, which puts it down to a 40% win chance, but Long 6SL just made 40 damn it, too slow.
And stuck waiting for another perfect entry, Long @10162 if it gets there to join acceptable SL strategy wise.
Take the Bottom and Play NQ Long ( too late ) just happened break up.
It was 50/50 with a chance of a spike to hit SL either way, which puts it down to a 40% win chance, but Long 6SL just made 40 damn it, too slow.
And stuck waiting for another perfect entry, Long @10162 if it gets there to join acceptable SL strategy wise.