trading neuro strength predictor during the first three hours of the london market

Christiaan

Active member
227 10
This will be the last tread i write.I've run out of simple mecanical systems but indulge me one more time.It's really simple light green candle buy...light red or dark red candle exit buy trade.you.Trading it during the first three hours of the london session it works.I'm not gonna say anything else except i think this is a rather good indicator.
 

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Prof8t

Member
59 0
Very nice... Used the indicator as you said for the first three hours of the London market and took out 40 pips. Would have been more but I set a tp at 20 pips since that's my daily goal. Nice discovery Christiaan...
 

Christiaan

Active member
227 10
for those who like the bigger timeframe

Hey guys

I want to show you something.Now on the surface this indicator may look like any other that paints bull or bear candles however it gives rather good signals.Remember when you get a light green candle or light red one you buy or sell.You exit the trade when you get an opposite colour candle.

Now i don't use multiple timeframe confirmation on the 5m chart cause you can miss out on a couple of big ones however trading the hour chart and trading it in the direction of the 4 hour chart it does filter some of the bad trades.There is two charts that shows hypotectical trades i know that but it's fairly simple and well mecanical.Not all of your trades will look like this but obviosly there is no piont in showing losing trades i want to show you this system at it's best.



On the 4 hour chart the eurusd started an uptrend on the 13 september and is still going to date.However when trading the 1 hour frame using the 4 hour trend as a filter you do skip those sell trades that goes nowhere.If you wait for the candle to close because a live candle does repaint you would have entered around 1.2787 right now it's at 1.3478 that's around 690 pips.Now trading it mecanically i will stay in the trade until i get a red candle.Ofcourse this won't work cause you have to sleep,eat and what not so you will have to employ some trailling stop however on the daily timeframe you'll need to check it once a day.

Note i put arrows where you got a sell signal while the 4hour chart has green candlles.Let me know what you think
 

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Last edited:

eriteopu

Newbie
1 0
This will be the last tread i write.I've run out of simple mecanical systems but indulge me one more time.It's really simple light green candle buy...light red or dark red candle exit buy trade.you.Trading it during the first three hours of the london session it works.I'm not gonna say anything else except i think this is a rather good indicator.
Hi Christiaan

Which do you prefer of Neuro Trend, and Neuro Strength Predictor ?

Eriteopu
 
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