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Posted
1 hour ago, Ninja_On_The_Roof said:

First, thank you much @Minigems for all of your dedicated contributions and hard work.

Much appreciated!

Second, by chance, did you happen to glance at the coding and see what this bot is based on?

Another MA cross? VWap? 

Thanks. It's initial balance + fibonacci. Longs if price closes above fib65 = 0.65 of IB range, short below fib35 = 0.35 of IB range and stops are opposite sides of those fibs so a long's SL is at fib35 - offset for example. Targets are the IB. So long target is IBhigh for example. 

Posted (edited)
45 minutes ago, Minigems said:

Thanks. It's initial balance + fibonacci. Longs if price closes above fib65 = 0.65 of IB range, short below fib35 = 0.35 of IB range and stops are opposite sides of those fibs so a long's SL is at fib35 - offset for example. Targets are the IB. So long target is IBhigh for example. 

You nailed it bro.. timeless now got very less time. 🤣

image.thumb.png.aafed9d7a85a7b651d16842bc0b3b1cc.png

Another visual representation of the same.. if price moves up put a target of green and SL just below FIB-65 if moved below then target RED with SL just above FIB-35

Edited by JackSparrow440
Posted
1 hour ago, Ninja_On_The_Roof said:

That is actually nothing.

There are bots out there that cost you one of your kidneys 😂

Quantvue is one of them

Posted

I started trading years ago, and I'm still not "profitable," always searching for the best approach that suits me. Over time, I've experimented with bots, starting with MetaTrader and its multitude of bot grids, martingale strategies, and all that nonsense. And now on NT8. I've tested them and watched videos from various people, and the end result is always the same: they only work for a short time, or they take months of backtesting and sell the most successful bots at insane prices. It's the same with ICT vendors who use market replays to explain that this concept has a 90% win rate strategy. Ultimately, if they developed an edge that actually worked, nobody would sell it and wouldn't give anyone the opportunity to take the risk of sharing it and potentially losing it. If now it is you who develops your own system and keeps it up to date according to your knowledge and strategies as I have seen with what Kimsam is doing, then it is not the same.

And thanks to the guys who share this and make it educational.

Posted
15 hours ago, JackSparrow440 said:

Tradesaber giving it all with new ORB indicator "for Lifetime members it's included and covers most of the similar stuff" + LOT MORE.

Have you seen your NT8 Utilisation Monitor recently? If you haven't heard of it, don't worry. I am sure there is a fix for that in the new version. Only 500 not like 2.5k.

Posted
3 hours ago, Kirua said:

I started trading years ago, and I'm still not "profitable," always searching for the best approach that suits me. Over time, I've experimented with bots, starting with MetaTrader and its multitude of bot grids, martingale strategies, and all that nonsense. And now on NT8. I've tested them and watched videos from various people, and the end result is always the same: they only work for a short time, or they take months of backtesting and sell the most successful bots at insane prices. It's the same with ICT vendors who use market replays to explain that this concept has a 90% win rate strategy. Ultimately, if they developed an edge that actually worked, nobody would sell it and wouldn't give anyone the opportunity to take the risk of sharing it and potentially losing it. If now it is you who develops your own system and keeps it up to date according to your knowledge and strategies as I have seen with what Kimsam is doing, then it is not the same.

And thanks to the guys who share this and make it educational.

Dont give up!

Keep fighting!

Just need a different kind of mentality in regards to trading and a much better perspective when it comes to taking profits.

In reality, we are just little fish in the pond, little retailers. We aint move the market. Big  and giant whales do.

We just need to piggyback with them and, take a little small chunk out of their moves, one at a time. It shall add up over time.

No need really, to aim for a big homerun or to catch the whole move. If it happens so, then great. Consider it a big bonus for the day.

The more you expose yourself out there in the market trading, the more risk you shall add on and sooner or later, you will probably give everything cent back, and more in the end. I know this well and I am quite sure, many others too.

Stop when you really need to stop and turn off your PC. Walk away. Enjoy other important parts of your life. This will prevent you from overtrading, forcing trades and that crazy FOMO thingie.

Trading can be addictive. You just cant stop. Friday comes and you already are itchy for Sunday to show up so you can restart trading. Cant even wait for Monday.

Sincerely good luck to you and your trading journey. It aint easy. We all know that very well. 

And, you are right. If I ever invented a bot or an indicator that brings me a boat load of money each day, I will not, ever and ever, sell it or even advertising it anywhere. I will certainly keep it a secret from all the Wallstreet boys and bring it with me to my grave! Just an honest truth!

 

 

 

Posted (edited)
3 hours ago, Kirua said:

I started trading years ago, and I'm still not "profitable," always searching for the best approach that suits me. Over time, I've experimented with bots, starting with MetaTrader and its multitude of bot grids, martingale strategies, and all that nonsense. And now on NT8. I've tested them and watched videos from various people, and the end result is always the same: they only work for a short time, or they take months of backtesting and sell the most successful bots at insane prices. It's the same with ICT vendors who use market replays to explain that this concept has a 90% win rate strategy. Ultimately, if they developed an edge that actually worked, nobody would sell it and wouldn't give anyone the opportunity to take the risk of sharing it and potentially losing it. If now it is you who develops your own system and keeps it up to date according to your knowledge and strategies as I have seen with what Kimsam is doing, then it is not the same.

And thanks to the guys who share this and make it educational.

For someone who is starting or has no profit I always recommend Nikos Trading Academy - I have seen their advanced course for free somewhere on telegram (and I have nothing to do with them ) - you can also check channel on YT .(watch only Nikos videos and webinars )

Using their concept (mostly top down approach on renko+HA)    I  change 3k into nearly 100 k  om MT4 . in less than  1 year .

When you add to that order flow +market&volume profile you will be more precise .

To tell you the truth I'm still using MT4  because  can't find something similar to renko from OVO(MT4) for NT8 -also quick change between  timeframes  (renko) is on MT4 very comfortable .

Edited by kapitansb

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