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Building an Equity millipede: Long Term Position Trading. Post by dietcoke» Wed Sep 04, pm. I love this thread over on FF by Pipeasy. Results and performance of Building an equity millipede test1. Discuss, review, analyze and learn about Building an equity millipede test1. Originally Posted by. Building an Equity Millipede Shows you how to forex low risk trades which could potentially run equity years. Trading an Equity Millipede 23 factory. Build an.

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Want to post a trade? Only post an article with your analysis in the comments. An Inside Flying Buddha formed during the late Asian session on Monday morning is a good indicator of accumulation or distribution at eqjity reversal point of a trend. The toughest to code and least mechanical of these is the initial entries. If your account is large enough relative to your minimum trade size, you can take them all.

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A pause before a reversal of a trend is often signified by an inside bar a price bar whose high and low are fully contained within the high and low of the previous price bar.

The strategy is most effective if you trade it simultaneously with several different pairs. In short timeframe intra day Looking for low risk reversal points and keeping a very tight stop.


As of now i m closing the trades manually when i get reverse positons opened. This includes posts that state “PM me for details”. No part of the bar can touch either of the moving averages to be a valid Flying Buddha. Like that guy, I follow the tries per day max rule. Posting Trades Want to post a trade?

Until a few weeks ago, I had no idea how to code anything, and could barely do minor CPE coding on indicators, so this has been quite a rewarding challenge I’ll post it in a couple of eauity Have fun! So, how to refine it further and create a worthy edge?

Forex factory equity millipede

I have been thinking of going down to M15 currently trading 4HRbut I have no idea how to wait for the signals since I am following about 20 pairs. I don’t trade exotics, only main crosses.

News articles and trades ideas should be posted with your analysis or an accompanying question.

Advertising trading contests is not allowed. The best balance between precision and reliabilty is achieved by utilising the 4 hour time frame. No Promotional Activity Content marketing is not allowed. Long tails Momentum breakouts Flying bhudda’s etc. Most of them will not be. The question is, does it work?

If it is in profit, move the stop to break even. Lets see how it goes next week.

Further diversify successful stacks when daily momentum dies off in order to maintain account balance and Hello dietcoke, look at this thread, oathbreaker milliepde something similar then your Methode: Become a Redditor and subscribe to one of thousands of communities. Works like a charm: As we are aiming for a big move, we do not need a large percentage of these trades to be winners.


In other words look for low risk entries, here is an EA which basically does nothing but look for potential turning points and then opens speculative positions with tight stop loss.

Surviving trades will appear to have been opened very close to the beginning of new trends. Do not worry about large bars.

• View topic – Building an Equity millipede:- Long Term Position Trading

No insults or attacks of any kind. The advantage the EA has is that when a big move comes, it will be able to trade many pairs and simultaneous stacks which would overwhelm a human trader. You can find a. It is based entirely upon price action.

If you are going to trade this system, be sure you are up to the psychological challenge of long losing streaks, and be consistent.