niksidnayr26

19:56

niksidnayr26

Using Donchian Channels (length 20) - EMA 200 & MACD Crosses (40,50,9) Let me know what yall think of this setup!

05:12

niksidnayr26

Traded USD/JPY since Friday 2/24/2023 & have a 8)% win rate for a 40+200 SMA crossover. SL set a 200 SMA (I usually go a bit higher/lower to not get hit) set TP at 1 times pips from SL Price has to be above or below both of the SMAs 40 Pip minimum TP + SL 12/15 = 0.8 * 100 = 80% win rate over ~6 Weeks

04:15

niksidnayr26

I used a 12 SMA crossing a 200 SMA at a 1:1 Risk-Reward Ration at Target profit at 20 pips over course of 5 weeks - 85% win rate - 250+ pips per month potential!

04:31

niksidnayr26

12 + 200 SMA cross - 3.8x ATR for TP - 2 to 1 RR Ratio - 83.33% win rate

02:18

niksidnayr26

Upon color change of MA line, wait for first bar to close to confirm color change. Enter on 2nd color change bar on MA after cross in DMI or if DI+ or DI- is above 25 or ADX is going higher or is above 25. Set TP at 1 ATR ( I set a bit below ATR to ensure I hit my TP) SL is either a bit below previous swing high or swing low. Think I might do stop loss 1 ATR away...

02:23

niksidnayr26

This trading setup & trading rules has over an 80% win rate! 400+% in one month on 1H chart! Set TP at 2 times the ATR for entry candle. Set SL at Highest High or lowest low + 0.5 ATR for a cushion.

14:18

niksidnayr26

64% success rate for backtesting ADX/DMI + Linear Regression Channel on EUR/USD for week of 1/9/2023. Had some losses near the end but was getting sloppy with my trading rules. Need more backtesting and trial and error to get my rules ironed out.

20:00

niksidnayr26

I used the replay trade function to test out ADX+DMI + using a LineReg to set TP + SL areas. I thinked it worked pretty well trading USD/JPY for the week of 1/9/2023. Success rate was 66.67% but I wasn't having strict trading rules since I was trying to trade how a normal would psychologically. I think with follows stricter rules this could have higher percent win...

02:44

niksidnayr26

Testing Linereg candles again. cannot fight the trend as proven. need to enter after 2 or 3 closed candles in direction of trend.

04:16

niksidnayr26

I have tested out Linear regression candles with my other indicators. Had pretty decent day up ~25% let me know what yall think Traded AUD/JPY + USD/JPY + EUR/USD I think you can hear my cat meowing in the background lol

01:32

niksidnayr26

Got stopped out pretty quick on this first trade of the year. I like my indicator setup but I need to work on my stop loss placement because it was almost exact with where the market headed like the market knew where I set my stop loss lol. Would have hit TP plus some if wasn't stopped out. Let me know what y'all think for proper stop loss placement, if ATR can...

00:26

niksidnayr26

Was right for a split second then trended upward and stopped me out. Maybe I should have weighed the ADX indicating a strong trend.? Idk LMK what yall think I could have done better here.

00:40

niksidnayr26

Entered this oversold position early this AM. think it was like 7:15 CST (got into work early) had inventory starting at 730 so set a lower profit target but had profit/risk at 1.5 made a nice little $57.50 off 50,000 units (~$1,060 USD) while I was away doing my work. Checking back in & think I planned accordingly for current market behavior. LMK what yall think...

00:28

niksidnayr26

So it looks like EUR/USD continued down as I predicted before. Profits could have been tripled but oh well, can't predict the market to a T. If you guys have any ideas on how to time my trades for entries/exits better please let me know! I love any feedback anyone has :)

00:31

niksidnayr26

Tried this a bit earlier when RSI started to break trend but was stopped out after seeing a quick profit, trend was still too strong. Entered again when confirming overbought area. +DI started to break its trend and trend downwards, RSI broke trend & candle was starting to close within Bollinger Bands. As I type this has continued a bit further down and you could...

00:14

niksidnayr26

Well I got this wrong. Originally I made a mistake when placing my order and bought instead of sell. Would have been fine if I didn't liquidate that position right after placement. Hindsight is 20/20. I placed this off the 30 minute chart but I guess its not as accurate as on the 15m chart? 15m chart shows a larger divergence so I think I will just stick to 15 min...

00:41

niksidnayr26

Happy Tuesday everyone! This is my trade on 12/13 shorting an overbought EUR/USD after news. Wish I got that initial leg up but by the time I was logged in at work it was starting to peter out. Waiting for my indicators to contract a bit and had a candle close inside the Bollinger bands. Still trying to figure out my stop/take profit using Bollingers but I did end...

00:40

niksidnayr26

Liking the ADX & DI indicator. A lagging indicator so I think using in conjunction with RSI & Bollinger Bands should work well for confirming trends & setting targets.