Prime (By arezab)
| Gain : | -97.79% |
| Drawdown | 103.90% |
| Pips: | 1365.0 |
| Trades | 386 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Manual |
Prime Discussion
Dec 12, 2009 at 13:45
to stef ... I use the same trend lines concept for exit. Put a RSI 14 over chart and draw trend lines over them. On break of trendline you enter and on next break you exit. But it's not as simple as this. You must be able to read the chart correctly and compare the market's movements with RSI movements and decide about how to draw a trend line over the price and RSI. Not every trend line is correct.
Look .. this just depends on lots of screen time, starring at chart and 'Feeling' the market correctly. I don't know how to put it into words. This is just experience.
Look .. this just depends on lots of screen time, starring at chart and 'Feeling' the market correctly. I don't know how to put it into words. This is just experience.
Member Since Oct 27, 2009
2 posts
Dec 12, 2009 at 22:18
Hello arezab. what TimeFrame to put RSI 14?, M5? M15? M30? ... H4?
Dec 13, 2009 at 22:50
velogar posted:
Hello arezab. Where can i find your system work. Can i buy it? Thanks
I don't sell anything. The point is I just can't put everything into words. Even if I draw those trend lines in front of you on a whiteboard or something I'm not sure I could clarify why and where I draw them. There are situations that a trend line break is a signal and sometimes not. It's not always the same. Depends on many other things.
Member Since Dec 14, 2009
1 posts
Dec 14, 2009 at 16:53
congratulations is a system that works very well.
Member Since Oct 27, 2009
2 posts
Dec 14, 2009 at 17:46
arezab posted:
LinHongjin posted:
Hello arezab. what TimeFrame to put RSI 14?, M5? M15? M30? ... H4?
No difference ... it works in all time frames. The point is you learn how to identify the best points (highs and lows) on RSI to draw trend lines.
Thank you. you used which TimeFrame with RSI14 for your trade, now?
Member Since Nov 13, 2009
3 posts
Dec 15, 2009 at 03:21
Great work!
Have you considered selling signals?
Have you considered selling signals?
Dec 15, 2009 at 08:43
LinHongjin posted:
arezab posted:
LinHongjin posted:
Hello arezab. what TimeFrame to put RSI 14?, M5? M15? M30? ... H4?
No difference ... it works in all time frames. The point is you learn how to identify the best points (highs and lows) on RSI to draw trend lines.
Thank you. you used which TimeFrame with RSI14 for your trade, now?
Looking at 3 time frames 15, 30 and H4
Dec 15, 2009 at 12:59
(edited Dec 15, 2009 at 13:03)
agha karet kheili khoob bood, man ke be shakhse hal kardam . bara barobachze irani ke mian inja begam ke system rsi ro mitoonid too sarmaye.com too ghesmate system haye trade - 15 systeme sade peyda konid ke kheili ham khoob javab mide , man exeprtesho neveshte boodam ke khoobam javab dad , albate na be khoobie shoma
vali ye soal , man money managementeto negah kardam hesab ketabi toosh nadidam , az ravesh khasi estefade mikoni ?
man khodam inja daram expert test mikonam , felan ke mega droid ta experte khodam kamel beshe
bazam movafagh bashi , hal mikonam kasai mesle shoma ro mibinam
vali ye soal , man money managementeto negah kardam hesab ketabi toosh nadidam , az ravesh khasi estefade mikoni ?
man khodam inja daram expert test mikonam , felan ke mega droid ta experte khodam kamel beshe
bazam movafagh bashi , hal mikonam kasai mesle shoma ro mibinam
Dec 15, 2009 at 19:10
andra posted:
what platform are you using? Because i can't put RSI on the price chart.😄
I didn't said that and there is no need to put RSI on your chart. I'm using MT4 platform. I said to put 'TREND LINES' over RSI (which resides at the bottom of your chart).
Dec 15, 2009 at 19:37
wow congratulations arezab!
You are a true testamony that the real holy grail is the trader not a fancy indicator or EA. The more time, learning and patiance you put into trading the bigger your succes rate will be. I salute you and wish you a big basket of pips.😎
You are a true testamony that the real holy grail is the trader not a fancy indicator or EA. The more time, learning and patiance you put into trading the bigger your succes rate will be. I salute you and wish you a big basket of pips.😎
Dec 15, 2009 at 22:44
Arezab,
I appreciate what I have read so far on this post. I was wondering, do you use the 4hr to just get a view of the overall trend and make trades based off of the 15min or 30min charts when an RSI trend line break happens. Also, do you just use a basic 2 point trend line and market direction to draw a trend line, or is there more to it that I don't see. I have lost a lot of money trading forex, trying this system and that, and I have come to realize through a lot of testing and learning that the RSI trend line break is a great trading tool. I am trying to perfect how I trade using RSI, I have only been using it for awhile and things are looking a little brighter now. Also do you trade on a live account as well with as much as success. Anyway, great post you seem to be doing well with it, hopefully I will someday as well using the RSI. Thanks.
I appreciate what I have read so far on this post. I was wondering, do you use the 4hr to just get a view of the overall trend and make trades based off of the 15min or 30min charts when an RSI trend line break happens. Also, do you just use a basic 2 point trend line and market direction to draw a trend line, or is there more to it that I don't see. I have lost a lot of money trading forex, trying this system and that, and I have come to realize through a lot of testing and learning that the RSI trend line break is a great trading tool. I am trying to perfect how I trade using RSI, I have only been using it for awhile and things are looking a little brighter now. Also do you trade on a live account as well with as much as success. Anyway, great post you seem to be doing well with it, hopefully I will someday as well using the RSI. Thanks.
