Please, how do I get a COT on Mt5
For me, we are not all ex-politicians that have that brain capacity. We would we need a pretty big stop-loss anyway. As a swing trader this is not the right system for me. Waiting 3-6 months for a signal, I could be dead by then. You are not Larry Williams or Stephen Briese. Get over it.
Been in the same situation, desperate for an easy fix. Started putting effort in 2015, spent a year on the ârealâ COT, didnât work out, too long to test, back-test wasnât great, âFUTURES MARKETâ, need to flip the data. Quote Currencies are Base Currencies and vice versa, remember that! Oil is not COT, it is ICE. I am sure I was on a BabyPips COT thread somewhere. This is just an indicator and not the holy grail, all indicators probably work well with a proven system but that will need to suit your trading style and may take hard work to achieve. Fibo, RSI, Stochs, etc, work well with my system. I will test it on my kick-ass system and will reply to its progress in the future, it probably is ok, but I am a daily and 4 hour guy. Manchester Lad. Making pips baby, effort pays off
hey thanks for the info i have been able to access the platform, please i need to know the success rate of this, has it been effective in your trading?
Can some help me on how to calculate the commitment of traders
Please what does the blue, red and green lines of the COT indicator on timingcharts represent?
Start off having a read on this thread:
Edit: focus on comms - as Euro increases in value they sell - itâs just stock and as stock increases in value a business sells.
Then if they anticipate a change up ahead then they change tack and begin to buy (when itâs cheaper)
EUR Commitments of Traders (COT) reports and charts | Myfxbook
Where is COT in this LINK ?
Does this indicator work on mt5