Suggestion My Holy Grail After 4 years of trading

This is my review for this thread:

https://www.facebook.com/video.php?v=908208169687189

 

ALL the trades are in Serious Profit !!
I closed the Low Priority ones (Buy NZDCAD and Sell CADCHF) becuz i do Not care much about them making full profit.
This is just AMAZING !! These Fibonacci Buy and Sell zones = they are Pure Gold !!

 

Please DISREGARD/ignore the Binary+AM Combo indicator and do Not worry about using it as a filter-indicator as of today (30 June 2020), its developer is nasty, he put EXPIRY date on it so TODAY it suddenly started showing that it was a 2-week Trial indicator ! But be thankful and happy that we have 12 *OTHER* choices of filter-indicators so you can DISREGARD/ignore the Binary+AM Combo indicator and you do NOT have to use it as a filter-indicator anymore. The current BEST two filter indicators are MACDScalper and Aroon Oscillator, but guess what . . . I am No longer even using ANY filter-indicator as final confirmation at all, I am now fully depending ONLY on the Fibo Buy and Sell zones because I want to SIMPLIFY the strategy as much as possible and use the SMALLEST/MINIMAL things to execute it !!

 

What settings do you use for the fibonacci buy sell zones.?is it 240 or 2250

Ettinger

 

Everything in profit,this thing is a BEAST!

 

hey sticky,so u are opening many op with different pair,and your margin lvl drop to 400%(below than mr ridzuan suggest >10k%)
i think u are so confidence with this filter indi/macdscalper right?
is there any problem before with this filter indi ,after it give u confirmation arrow?
thanks

 

Its a long story but still trying this strategy,will explain later but for now yes I"m confident let see!

 

can you guide me
I want to try

 

well i am Not a Robotic or Systematic trader. I am a choreographic trader. I prefer to move in a fluid/flexible movements, rather than in a rigid/robotic way by looking for PERFECT squares and rectangles ! LOL.

to answer your question, I use BOTH 2250 and 240

when I feel like taking a Loooooong-term trade that may last more than ONE day

I use
Fib_Period setting
of 2250
in the
AutoFibo Trading Zones_1
indicator
on H1 chart
exactly as ORIGINALLY given/shared by Mohd Ridzuan !!

but when i feel like taking short-term trades by scalping, on a small account or by using a high-frequency trading style, i REDUCE the

Fib_Period setting
from 2250
down to
240
in the
AutoFibo Trading Zones_1
indicator
on H1 chart !!

and with this REDUCED Fib_Period setting, i only see the past TWO weeks of Fibo zones (Buy and Sell zones) rather than seeing Fibo zones that are drawn based on the past 94 days of activity on the chart

so basically according to me, if you are trying to make MONEY for the Day (for today / Day Trading), Don't look at what the market did 3 or 4 months AGO or worry about where price reacted a Lot (Reversals and Rejections) 3 or 4 months AGO !! To wait for price to reach these levels it can require a Lottt of UN-necessary patience for someone who wants to make money (for today / Day Trading) because for Day Trading you want to ALSO take advantage of the small Daily price activity/reaction levels ! So for Day Trading, I want to look at where price has been reacting a Lot (Reversals and Rejections) over the past TWO weeks only !

BEAR in mind that when you count the most-recent 240 candles on H1 chart, you are indeed counting backwards to see the past TWO weeks of price activity/reactions, BUTTTTT if you switch the timeframe of that SAME chart to M15, you are now literally looking at ONLY the past 2.5 days of price activity on that SAME chart !! So I see a Lotttt of people making a mistake, they think that these settings are some PERFECT numbers !! When you have a period-setting of 2250 on H1 chart, the Levels you see are applicable ONLY to the H1 timeframe, the moment you switch that chart to view/look at it in ANY OTHER timeframe, even with that SAME period-setting of 2250, the Levels you see are now COMPLETELY DIFFERENT, they are NO LONGER related to the levels you saw on the H1 timeframe !!! I hope I am Not confusing anyone with this statement/story.

 

Thank you for this. Really helpful

 

Are you saying that i must *Guide you* to show you how to DISREGARD/ignore something ?? LOL . . . my friend, come on now ! Disregard/ignore that indicator = FORGET about using it, No need to use it ! Be flexible, USE the OTHERS that are working ! You have a choice of 12 other filter-indicators Use the MACDScalper indicator as your filter-indicator instead of that Binary+AM Combo !

 

i wrote something SMALL that might be valuable to share/add in the context of this strategy.

Are you always trading to eat Left-Overs.pdf ?? Hope it may help someone while we are still within the context/topic of this holy grail strategy.

 

Is this correct?

 

Let me outline the concerns

1) The system's rules are very confusing....This needs to be made crystal clear and concrete..After reading through 105 pages of threads--everyone has provided their own input...This is confusing to readers because there are no clear and concise rules..Please provide
2) After downloading and reviewing your .rar file pack, there are several indicators and systems there. This needs to be narrowed down tremendously if you really wish to help people. This is overwhelming. A straightforward and simple system is often the most effective. This has been stated on this thread repeatedly..However, people insist on adding indicator after indicator...It's not needed.
3) I do not use EAs so I am clueless as to what you are referencing.

 

This is a great read. Thank you for posting.

 

I think it looks good..What is the name of that indicator that has the Breakout and TP levels?

 

Thanks for the update. I attempted to upload it to my chart with no luck

 

goodluck sir,im testing this macdscalper too,so far so good helping us minimize the dd

 

I have not had any luck with it....It never changes...Seems to repaint.

 

This picture is confusing .