There are ways to narrow down the search however to find those diamonds in the rough.
No nonsense forex trend indicators. A good one is not. This post is a response to all of the questions coming in on how to properly backtest all of the new indicators that listeners of the forex q a podcast have been discovering. It is a community full of traders who trade our way and they can be very helpful if you ask good questions. Forex indicators forex trend indicators trend indicators.
There are ways to narrow down the search however to find those diamonds in the rough. Some are no longer operational but the indicators are still there to download. Stop using the rsi indicator in your forex trading. A good one is not.
More details below. Most people have no idea what they re doing and they would not know a great trend indicator if it hit them in the face. Finding the best combination of forex indicators for day trading can be quite hard a trend indicator says buy when an oscillator says sell and vice versa. September 6 2018 by vp.
No nonsense forex nnfx is in fact a method or a strategic framework for forex trading introduced by a us based prop trader who calls himself as vp. No nonsense forex method is an indicator based trend following method with defined money and risk management techniques nnfx specifically scraps reversal trading. The indicator calculates the value of the stop loss and the take profit sl tp based on the atr average true range allowing to verify the historical data in a simple and practical way showing not only the sl tp values but also the place where they would be and if. There are a good 5 6 places i get mine from.
A quick tip is to ignore the star rating at the place i linked. This is how to backtest an indicator based on the no nonsense forex method of trading. Forex trend indicators how to find them. Trend indicators are easy to find.
Trend indicators are easy to find. Designed per no nonsense forex vp rules for testing your individual. After putting the whole system together sat down to benchmark the various confirmation indicators shrink it down to backtest individual confirmation indicators. Results for 24 periods way better than 10 then again it s only one pair.
Their ratings mean nothing. Here we are giving you a. Please do not ask me instead go to the no nonsense forex discord forum. No nonsense atr is a tool designed to help the no nonsense forex traders backtest strategies and trading in real time.
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