price action is the best indicator and always will be
Any non-repaint indicators that work well trading forex
- Joined Nov 2015 | Status: Trader | 2,976 Posts
Success is a Journey Not a Destination....... kind regards ramzam
- Joined Oct 2015 | Status: loading... | 1,038 Posts
what we want:1+1+1+1+1+1+1+1=8 what market delivers:1+2+8+7-4+0-5+8-4-5=8
- | Commercial User | Joined Sep 2005 | 2,784 Posts
{quote} Hi Tunera, Had a look at their website and also noticed its available through MQL5. I'm on the lookout for a new method to trade, can you share your experience with MC Fractals? Can you confirm that there is no repainting once current bar has closed. Which method do you use, I noticed that there are a few ways to trade it. I assume that you have only been trading this for a few weeks, as it looks fairly new. What time frame are you using, I will need to see if it can fit in with my day job. Are there alerts when a setup appears? Can you...
I use them to help me in my discretionary trading, as i don't follow any "system".
My main trading style is buylow sellhigh kind of, and i do short-term and long-term trades (from the 1min chart to the daily chart), so depending on the market situation i might scalp 10pips or go for a 300pips swing trade.
Your question: "Are there alerts when a setup appears?"
There are no alerts and there are no "setups", MFCS are just technical analysis tools, not a trading system.
As per my results, i usually win 90-95% of my trades, but my Risk:Reward ratio is very bad, (like3 or 4:1 rr), i use very big stops (3-4 times bigger than the tp).
Take care!
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- Joined Nov 2016 | Status: Trader | 2,361 Posts
{quote} Bonjour ! Wow, you are a resourceful man But I do not think all these Indies are NRP, even if they say so
Hi Brother, .. You can try to prove it ... and how do you think? ...esp閞ons utile
Happy Trading...
