Hi.
Still not broke ...
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| PivotTrades https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5096 |
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| Author: | tomele [ Sun Apr 30, 2017 4:46 pm ] |
| Post subject: | PivotTrades |
Hi. Still not broke ... |
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| Author: | rdg281 [ Sun May 07, 2017 7:47 am ] |
| Post subject: | PivotTrades |
Hi Tomele, Very effective! Trying just your indicator , no other ind in the chart. Mostly i am going for one level a day, up or down. Thank you very much My compliments.  :goodCheers Roberto: |
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| Author: | tomele [ Sun May 07, 2017 11:00 pm ] |
| Post subject: | PivotTrades |
Hi folks. Steve mentioned my little experiment in his wrup, so I am going to keep you up to date. Results first. Here is the chart for the last 11 weeks of trading: The last two weeks show a very good development due to some changes I made to my trading. I was a little more aggresive with the rules for the moment when the new daily pivots appeared. At the beginning of a new day (23:00 my time, 22:00 GBP server time), if there was market direction (not ranging), I immediately entered a trade in this direction. If it was close to one of the three trades recommended by the system, I took it as replacement for this one. If not, it was an (4th) additional trade. This allowed me to profit on initial momentum and brought some additional gains. EDIT: Oh yeah, and I always closed all positions for the day before major events (FOMC, NFP and the like). My charts still look very naked so I dont get distracted by price action: I am working on a version where we can see how these trades work out in the different market sessions compared to the different proposed directions, so stay tuned. Cheers, Thomas - |
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| Author: | deadman [ Mon May 08, 2017 8:24 am ] |
| Post subject: | PivotTrades |
Hi Thomas, wow I'm impressed by the simplicity and efficiency of your system. Thanks for sharing these results and keep it up! Cheers, Stefan |
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| Author: | Asmahan88 [ Wed May 10, 2017 2:48 am ] |
| Post subject: | PivotTrades |
:hi:  Impressive and very clean indy. Will deffinetely test on demo Do you intend to make an EA as well based on your strategy? I look forward to hearing every one results if they trade it differently I am currently using with channels to help for entry points. |
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| Author: | tomele [ Wed May 10, 2017 7:56 pm ] |
| Post subject: | PivotTrades |
Not really. It takes me 5 minutes per day to trade it. And few times a little bit of creativity. I cant see what a robot would improve. The money management is in the hands of one already. |
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| Author: | Asmahan88 [ Thu May 11, 2017 2:55 am ] |
| Post subject: | PivotTrades |
So you literally follow the trade advices on daily basis? Ignore all PA suggestions ? Would you please share the money management Ea & set file if possible many thanks & green pips  |
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| Author: | iasho [ Thu May 18, 2017 9:49 am ] |
| Post subject: | PivotTrades |
Hi tomele, Thanks for your time and effort. Do you trade only on the day after the market changes direction or you continue to take trades daily until the direction changes again? Thanks |
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| Author: | tomele [ Thu May 18, 2017 11:09 pm ] |
| Post subject: | PivotTrades |
Hi folks. Thank you for your interest. 1. I follow the trade advice on a daily basis. Every day when then new candles appear. 2. I ignore all price action. I cant even see it on my charts. All you ask for can be found in this thread. Invest the time to read all posts. Anyway. I will compile everything in the first thread as soon as I find the time. Cheers |
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| Author: | rogeriob28 [ Fri May 19, 2017 12:39 am ] |
| Post subject: | PivotTrades |
Hi tomele, Nice Job. Is it possible to combine your Pivo strategy with Fibonacci? Old EA Steve Hopwood's Fib Target-level retracement auto-trader https://blog.forexfactory.com/showthread.php?t=243432 Thank you, Rogério |
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