richfitzpatrick77

High Prob Trend Trades w confirmed Volume. Exit on Fischer X

NYSE:GD   GENERAL DYNAMICS CORP
I think this is a nice clean strategy for picking up some high probability trend trades. What do you think of it?

I've worked with Heikin-Ashi candles before and feel they give some pretty clean entry signals. Consecutive bullish (though not overly bullish ) HA candles gives a good entry point if taken just above support levels and with an increase in volume . Exit when the Fishertransform crosses under the signal line.

Feedback and questions are encouraged! TIA, Rich
Forgot to mention an entry criteria.....
5) Trigger candle must be completely above the Ribbon MAs.
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Does not matter what others think. Only thing that matters is the profitability of the strategy
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ZigaZaga PRO vlad.adrian
What are you trying to say? That there should be no discussion or comment because it doesn't matter what others think!?
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No, that is not what I mean. I mean that you can't use a trading strategy because people gave good feedback, or vice versa. Besides this, there are less than 10 triggers on the chart. You can't have an opinion by looking at 2 years of data and analyzing 10 triggers.
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ZigaZaga PRO vlad.adrian
But nobody's saying they'll use a strategy just because of good feedback. Some may find other's ideas interesting if only as a concept. You appear to be arguing against claims that noone has made.
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"I think this is a nice clean strategy for picking up some high probability trend trades. What do you think of it?"

I'm sorry if I misunderstood, my comment was not meant to be rude or to discourage comments. I tried to emphasize the importance of proper back testing or real time trading when using a strategy.

Please go ahead and give the publisher your feedback
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ZigaZaga PRO vlad.adrian
Likewise - you also have my permission to give positive feedback and constructive criticism.
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I guess it would help if I asked for feedback and a more specific way too.

To me it seems that I am considering Price action, trend validation, and an uptick in volume in my entry criteria.
It would be great to get feedback on potentially better methods/indicators to measure these three things. And, any opinions on whether it might be beneficial to incorporate another type of indicator or two - such as A momentum indicator, or an overbought/oversold indicator?
Whereas, I don't want this trading method to become unduly complicated. I would like to hear what has and hasn't worked in other people's trading systems.
Another question: could anyone recommend another trader here who has a similar style to mine (an indicator based strategy) that I could read the posts of and possibly contact?

Thanks for you help, Rich
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ZigaZaga PRO richfitzpatrick77
Sling Shot System Vs. AKA The Sling Shot Crusher!!  2nd Post
could be interesting for you.
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I haven't used these indicators. but they seem to give a really good signal. I will start using too. thanks for sharing.
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