i just made a Video about a Strategy i personally use and it is the first with which I am profitable in simulating and backtesting and it also looks really good live so far!
70-75% win rate and a risk ratio of 1.5. I also have a bot running on a server that sends the signals to look for a trade on a Telegram channel. The Channel is of course public and free of charge
Try it out! I would be happy to hear your opinion!
@ponponwei@Johnscott31 I think you haven’t even watched the video for 10 seconds or even tested it yourself.
And on Telegram there are no signals but notifications when a possible entry is possible according to the rules of the strategy. Of course you have to decide for yourself whether the setup looks good or not!
And by the way, I do not find it objectionable if someone provides something free of charge and then possibly promotes something, the one who buys what is promoted then still has the power over it. My opinion.
The strategy makes use of forex pairs which have currently started moving in a trend. To detect this I use the Moving Average 20 (TF H4)… every time the price crosses the MA20 and closes above/below it, I am looking for a trade.
Clue of this is, that this behavior often means that the price left a consolidation and started trending!
Of course it is usefull to also be aware of and understand price action, as I would never buy or sell when the price is near to a resistance or support level.
To detect these opportunities I use alerts (like u can do it on tradingview) which are sent to me via Telegram…
@Johnscott31 Yes, i also do think that mostly every Strategy can be Profitable if you have a Plan and Stick to it and also have a good Risk Management!
Well, since this is a free service, I think we can all give it a try at least. If this helps, then you can always make use of the alerts and make trades accordingly.