Hi Pipology ,
I am trying out your method live, with onli 0.01 lot,
i entered a trade and took 10 pips.
I was wondering if my setup is correct? i'm using FXCM, and cant find linear regression channel, only got a line.
Followed your entry rules:
1) I place the trade when the candle was closed.
2) when 8%R was about -20
3) when MACD - 5th bar after MACD turned up from zero
am i correct with this setup??
followed ur format below:
Entry: 9:18AM GMT @1.57492 with 0.01 lot
Time of trade: took me 1 min to hit 10 pips
Profit : 10 pips x 1USD/Pip = $10 USD