Long time since my last post, gotta stop being a lurker
My current system has a 92% win ratio and a percent gain of 80% on a 1k account size. Trading the EURUSD for two months. I'm using the Advantage Lines(ADV) and Know Sure Thing(KST) indicators. Take a look and feedback is welcome!
can you tell us how this system works ?
are the indicators available for download ?
I'm using Track 'n Trade's Advantage Lines indicator(based off moving average theory) then the Know Sure Thing (an oscillator developed by Martin J. Ping that gives bullish and bearish momentum signals).
I'll only take signals if the KST signal(in green) appears within 3 price bars before or one bar after the ADV signal(in blue). Just a market order but I have a 63 pip profit taking limit and a fancier Jump Stop(100 pip initial placement with a 'if market moves 11 pips, jump to profit of 5 pips'. Then trail an additional 3 pips with each 5 pip profitable movement). Simple right?
And what happens if the market goes against you straight away, which it did this morning using your system (am on demo at the moment). Seems ok when market is rising but no so when falling untill it hits sell stop at -63pips