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Thread: No Brainer Trades System

  1. #1

    Default No Brainer Trades System

    Hi Funyoo!

    I found the No Brainer Trades System on FF that seems to be profitable too, and I was wondering what your thoughts are on possibly testing this out as an EA. I'm not sure how easy this one will be to code or if it's possible.

    No Brainer Trades

  2. #2
    Administrator funyoo's Avatar
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    The rules are not clear.

    Apparently, the system uses a level or a range where the price will bounce. This level is determined by support and resistance on H4.

    The problem is that support and resistance, as trendline are subjective, everybody can draw it differently. Also it would be hard to code this. Maybe we can find an indicator that is already able to create a such level/range. Or we can replace the automatic level by a value that the trader will have to enter manually. Then when the price will touch this value, the EA will send an order in the direction of the supposed bounce.

  3. #3

    Default Indicators that might help show S/R

    Hello Funyoo!

    Here are a few indicators that might help with the support and resistance...
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    Administrator funyoo's Avatar
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    Quote Originally Posted by bnbb2004 View Post
    Hello Funyoo!

    Here are a few indicators that might help with the support and resistance...
    Thanks. SweetSpotsGOLD would have been excellent, but we can't use it as it doesn't seem to update itself and it's not working in backtesting. The other indicators are not good, they repaint themselves a lot. I will make a search to find something that I could use.

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