If things really turn against me Ill close the bad trade. Ill keep an eye on this thread and your blog and will try this system tomorrow. Ive made a slight adjustment to my strategy in order to limit the DD. Ive changed the RSI to 3 with a MA of 6 overlapping the RSI.
When the Bollinger Band is crossed and the candle returns, together with the RSI crossing the MA and the Stoch cross, you have yourselve a very powerful trade! What do you think: Will this system work for M5 or even M1 too? Ive tried M5 before, but the indicators are not as true as on M15. M5 is just too "choppy" My best results with the least DD where on the M15 timeframe. This EA can trade any breakout period, any timeframe, with pending or market orders- as desired- and implements many expert advisor programming download other useful features for the exigent trader, advisor expert download programming like customizable trading sessions, a martingale mode and inverse martingale mode. Easy to use and supervise Customizable trading direction Customizable donchian breakout period It can trade using pending or market orders Customizable break-even, SL, TP and trailing-stop Built-in money management Works for ECNNon-ECN brokers Works for 2-3-4-5 digit symbols Filter trading by forex sessions.
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