Please permit access to use CCIDivergenceStrategy indicator
With regards
Yassermb60
⋅
Hi stefcom
Please permit access to use CCIDivergenceStrategy indicator
With regards
mehmet1978
⋅
hi may i use it pls
TradingClue
⋅
@mehmet1978, sure, I'll send you a PM with instructions
mehmet1978
⋅
@stefcom, thanks i will be waiting
wpatte15
⋅
You quite possibly use the smallest take profits and stop losses on the planet sir
TradingClue
⋅
@wpatte15, yes, I like to play it safe. But having a profit target of $70 and accepting a stop loss of $40 each trade on a $10,000 account sounds quite reasonable to me.
wpatte15
⋅
@stefcom, Im saying theyre triggering unreasonably close and factoring in slippage and spread you would likely lose money, theres no statistical significance in predicting that little of movement
TradingClue
⋅
@wpatte15, Ok, here is another setup with a bigger profit target:
Profit Target: 1200 ticks
Stop Loss: 300 ticks
An example of a winning short trade:
Entry: 1250.293
Exit: 1249.093
Difference: 120 pips
At the time of this writing, the spread for Gold -0.01% at OANDA is 45 pips
The net profit in pips would be: 75 pips
Depending on the position size I would consider this as a decent profit.
With regards