Who says you can't trade a 1:1 RR successfully!
Hello Traders.
Earlier on today I posted this idea.
https://uk.tradingview.com/chart/AUDJPY/VPeVxfxj-AUDJPY-I-m-still-riding-this-huge-wave/
This idea showed me woking the H2 chart on AUDJPY and how long I've been following the trend. That trade is currently running 185 pips in profit at a current 1:5 risk to reward ratio.
However if you like to be in and out off the markets or the style showed in the above idea isn't the way you like to trade on this idea I want to show you how adaptable the script I'm using can be!
We are on the same time frame H2 but this time the pair is GBPUSD.
for this pair I have set the script to run a strategy that is a 1:1 risk to reward ratio working to a stop loss and take profit setup.
As you will see from the chart we have four winning trades one loser. Those winning trades have produced 355 pips of profit!
I just wanted to show how the script can be used to work any time frame on any pair in any style to suit.
This is easy right?
No lines, no S&R - no analysis, all I have to do is follow the parameters I have set.
The major plus point is I can see it works with all the data within the strategy tester.
To which at the bottom of this page you will see the strategy testers results. These results are year to date based on trading 0.20 lots on a £2000 account.
For any information on the script in question please drop me a message.
Earlier on today I posted this idea.
https://uk.tradingview.com/chart/AUDJPY/VPeVxfxj-AUDJPY-I-m-still-riding-this-huge-wave/
This idea showed me woking the H2 chart on AUDJPY and how long I've been following the trend. That trade is currently running 185 pips in profit at a current 1:5 risk to reward ratio.
However if you like to be in and out off the markets or the style showed in the above idea isn't the way you like to trade on this idea I want to show you how adaptable the script I'm using can be!
We are on the same time frame H2 but this time the pair is GBPUSD.
for this pair I have set the script to run a strategy that is a 1:1 risk to reward ratio working to a stop loss and take profit setup.
As you will see from the chart we have four winning trades one loser. Those winning trades have produced 355 pips of profit!
I just wanted to show how the script can be used to work any time frame on any pair in any style to suit.
This is easy right?
No lines, no S&R - no analysis, all I have to do is follow the parameters I have set.
The major plus point is I can see it works with all the data within the strategy tester.
To which at the bottom of this page you will see the strategy testers results. These results are year to date based on trading 0.20 lots on a £2000 account.
For any information on the script in question please drop me a message.
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