Even if someone could refer me to a specific post or a rough indication of whereabouts in the thread it talks about other ways of taking profit other than martingaling when you lose a trade..?

I have listened to everything you have said thus far Billyon and FX hard- I am strictly trading naked,  no indicators of any sort but am giving back my…[Read more]

I just said I cannot find anywhere in the thread that is clearly states what we should do when a trade is lost, i have only known to martingale until the loss is made back.I wanted to know what other better ways are there to take profit.. nothing else.

You just couldnt help yourself could you.

I have read through the forum on SSBO several times and the only methods advocated are either just trading the first breakout of a consolidation zone or thereby doubling or martingale lot size on the second and thus fourth.

It may be your method by you sir are an absolute shit bag. Goes to show how…[Read more]

Hi guys,

I have no scrapped the indicator and have gone back to trading naked.

However, I am finding that my account is depreciating rapidly. As i understand, when you lose a trade you then double your lot size on the next etc.

I trade up to three times on a break out if i lose i then go on to the next breakout.

This results in my profit being…[Read more]

Hi Billyon,

I will do just that tonight!- I will be doing this on the 1hour charts. Is it 24 SMA you use or a 96 period SMA?

Cheers,

Roni

Welcome to the same EURUSD chart that had backtesting results of more than 80% wins with the EMA 1 now to a mere 40% without the EMA.

See screenshot below- this is dreary.

Hi Billyon,

As I mentioned with the EMA 1 disabled the back test results are actually horrendous.

what do you advise?

Hi- I understand.

However once the ema is disabled the manual backtesting settings are horrendous with trade set wins being 35-52% win.

How will i trade the same settings without understanding the if the indicator is giving me a correct signal or not?

As you said it is inaccurate and is only calculating historic EMA’s and not real time. Should…[Read more]

Hi xux99,

That’s extremely upsetting and both frustrating to know that the back test results bear no significance.  Most of my trades were entered with the confidence of he indicator and the ena 1 which produced amazing results on the backtest.

How do you suggest I now continue? Do you suggest I continue trading as I am but by disregarding the…[Read more]

Do we wait for the EMA 1 to exceed the EMA of the closing bar or exceed the close of the candle?

Hi Xux99,

Thank you for your response it is most valued.

So does that mean the EMA 1 for confirmation along with min closed bar 1 outside the box has no significance and the back tested results are irrelevant?

I have attached a EURUSD chart to show what I mean- you have said that the EMA 1 needs to close above the min bar close in case of…[Read more]

Hi Xux99,

Thank you for your response it is most valued.

So does that mean the EMA 1 for confirmation along with min closed bar 1 outside the box has no significance and the back tested results are fake?

I have attached a EURUSD chart to show what I mean- you have said that the EMA 1 needs to close above the min bar close in case of long and…[Read more]

I have attached an example below-

I have circled the areas where the candle bar closed outside the ssbo zone as per my entry rules and also where the EMA closed lower than the previous bars EMA but i did not get an entry signal?.

I just want you guys to look over the chart below as it has been setup the same way as my other pairs- does the EMA…[Read more]

I have attached an example below-

I have circled the areas where the candle bar closed outside the ssbo zone as per my entry rules and also where the EMA closed lower than the previous bars EMA but i did not get an entry signal?.

Also the results with the EMA 1 as confirmation are amazing- if you turn this off they drop significantly!

Any of…[Read more]

I have attached an example below-

I have circled the areas where the candle bar closed outside the ssbo zone as per my entry rules and also wehre the EMA closed lower than the previous bars EMA.

Any of you senior guys able to shed some light on this? especially XUX99..?

I have attached an example below-

I have circled the areas where the candle bar closed outside the ssbo zone as per my entry rules and also wehre the EMA closed lower than the previous bars EMA.

Any of you senior guys able to shed some light on this? especially XUX99..?

Hi Billyon,

im using the EMA 1 for trade signal as the backrest results over 720 days have been extremely good.

Anyone else have another take on my question above?

Kind regards,

Roni

Hello to all fellow traders!

its been awhile I hope you are all well.

Just like some of the senior guys like xux99 to shed some light onto something.

So I have filtered my ssbo trades to min closed bar 1 and ema 1 as confirmation. Do I need to wait for one bar to close outside the box AND the ema to proceed the close in the case of a…[Read more]

Billyon and others,

Do you prefer the rossbot over the Dynamic SSBO indicator?- Accuracy better?

Roni

I am also having trouble finding the core rules of managing the trade if it goes against you.

It does not state anywhere clear enough in the thread on whether you should martingale and double lot on a loss or only trade one trade of a trade set and move on if trade lost.