ALEModerator
Master
Hello
I mean that with 1000€ you can trade with something like this
Filename : _us500_smoo_bo_stgy_daily-3.itf
Because you can see that Drawdown is € 155,70
Oke Thank you, is this one also an example and need to be improved? And you are using this one also?
ALEModerator
Master
I’m using different trading sistem, and testing also.
Considering results of the mentioned strategy above I could use it in real also without improve.
of course it depends on your budget i think and the risk you want to take and can take.
but i did a backtest on the US100 €1,- but the max drawdawn is €375,- do i need to change some settings ?
thank you very much for your help, i will let you know about the results if you are intrested.but i think you already know it is profitable.
sorry again, i do something wrong, i put the specific values in the system from the pro realtime backtesting.
But the message is still there.
Can you tell me what i do wrong ?
sorry again, i do something wrong, i put the specific values in the system from the pro realtime backtesting. But the message is still there. Can you tell me what i do wrong ?
never mind i have it already, i removed everything from the pro realtime backtesting. thanks for your time.
The last question is what is the best indicator to use, to see when to buy or sell? Or an indicator for a beginner what is easy to use or to start with?
ALEModerator
Master
1 the most important thing is to manage the position..
2 every indicator doesn’t know the future of the market..
3 daily time frame it’s the best for me
to avoid False trend or false reversal
my suggestion is to study daily graph, choose indicators and filters, you code the correct managing position
Okay where can i find daily graph?
Also Im using the elliot wave as a strategy. I am using therefore the ma lines. And Im watching from the 4 hours charts and above. With a cci10 to watch when it is overbought or oversold. I already see that I succeed with the swing trades.
also i use the wave oscillator with 4 ma lines. This is a strategy from a website. There you can see how the charts are running.
I use Your automatic trading system from next week.
im looking for another option to look at charts. I dont know what is important. And what indicators & filters are matching.
Remember that on us500 mini – minimum positionsize is 5 contract. So 5€ per point.
I would be very carefull running any strategy on a 1000€ account, especially on a daily timeframe.
You can change the timeframe of your chart on the top of the chart window.
Thank you T-rader,
i use the us tech 100 €1,- Is that also with an minimum positionsize of 5?
And what timeframe you Would advice me to use with this strategy? I think it was specially Made for the daily Timeframe.
And what is the difference for using another timeframe? You have smaller trades? So smaller loss en profit?
Or do you adivce not to use this automatic trading system with my budget ?
ALEModerator
Master
Thanks t rader, I usualy trade 5 contract of us 500 and I lost This detail
