thread: The Compounding System

93925NYO level 1 trade hit on TP.

93925It is dependent on broker but my NYO level1 trade hit TP.

You check at the 5min chart what the candle is 8:05 and between 8:00.
Can it be a Bearish you start at 8:05 a Long, if it's a Bullish you open a Brief at 8:05?

93925Hello to all!

Can somebody, please, tell me how frequently 3th SL has been hit and 4th trade was succesful throughout the backtesting?
I just think it will be far better in the future to use the limit of 3 SLs instead of 4 daily. Of course, if a trade doesn't hit SL too frequently.

Thank you in advance!

Best regards,
Artem

93925

Just to be certain, you check at the 5min chart what the candle is between 8:00 and 8:05. Can it be a Bearish you start at 8:05 a Long, if it's a Bullish you open a Short at 8:05?

I didn't get a chance to read the whole thread but if I am not mistaken the initial trade is started using the 7.55-8.00 candle, in precisely the same direction.
I trust this helps.

93925

quote I didn't get a chance to read the entire thread but if I'm not mistaken the initial trade is started with the 7.55-8.00 candle, in the same direction. I hope this helps.

yes

939251 Structure (s)

Just to be sure, you check in the 5min chart what the candle is between 8:00 and 8:05. Is it a Bearish you start at 8:05 a Long, if it's a Bullish you open a Short at 8:05?

I wanted to answer this question because most traders have asked me through PM. Traders can utilize any 1 option (A) 7:55-08:00 (B ) ) 08:00-08:05 because this is probability game egy. We utilize M5 chart and M5 candle is not actually representing the trend and we are not considering fashion. For 10 pips move, trend does not work. Thus M5 candle is just to find PA..

Now if I take example from the current trade. NYO: Option A is offering me buy candle therefore flat 2 commerce hit TP. Option B is currently providing candle is sold by me and it's giving degree 1 commerce to me. You can pick any choice.

Regards

93925

quote I needed to answer this question because many traders have asked me via PM. Traders can utilize any 1 alternative (A) 7:55-08:00 (B ) ) 08:00-08:05 since this really is probability game egy. We utilize just chart and M5 candle is not really representing the tendency and we aren't considering trend. For 10 pips move, trend doesn't work. Thus M5 candle is simply to find PA.. If I take example from today's trade. NYO: Option A is currently giving me buy candle so level 2 trade hit TP. Option B is providing candle is sold by me and it's giving me degree 1 trade. It's possible to choose...

Hello,

This egy is very intriguing! Thank you for sharing!

But will you stop the martingale after 3rd order failed? or 4th or 5th order?

I do believe this is a fantastic egy! Can you use other things to confirm the entrance or simply purely depend on the NY M5 candle that is open?

Thanks!

93925

quote Hi, This egy is quite interesting! Thank you! But will you stop the martingale after 3rd order failed? or 4th or 5th order? I really do think this is a egy! Can you also use other items to confirm the entry or purely rely upon the NY M5 candle? Thanks!

I utilize NYO due to good PA.. I take trades upto 5 max. But utilize this egy wisely and you should have good money management.

93925

quote I utilize NYO due to good PA.. I take transactions upto 5 maximum. But use this egy wisely and you must have good cash management.

Just like you said must have good cash management, could u mind tell how much% u risk per transaction? Do you proposal we use a small portion to trade that even after 5 maximum order the account survive?

Thanks!