Thread: Only buy (majid strategy)

hello.....

only buy work with indicator and in this strategy you must only buy...no sell...we haven't any sell trade....ok

1- download indicator attached ....this indicator is famous an i know you see this indicatour

2- set input indicators same this picture...........to 1 and -1 (picture)


3- you see red and blue line...ok

strategy: when red line apears you must be patiance untile end candle...when candle finished in next candle you must buy .....ok

we only buy in start next candle...you must only be patiance untile red line finish and buy in next candle...don't worry this indicator isn't repairing

................

good...in this strategy where is take profit? where is stop loss??...ok

take profit and stop loss is depend to time frame.....yes time frame

esample: you are in h4 time frame ...ok...when when you open buy trade you havent any sl and any tp untile 4 hours...ok... it mean tp and sl is base your time frame...in h4 if you open buy trade in 8 you must close trade in 12...ok...

if you work in daily timeframe you must close trade 24 hours finished...ok

where is best situation for trade with only buy strategy????????????


best situation is in uptrend...you can use moving avarage...i suggest you ma 26 for you


when ma 26 is uptrend you can use this strategy....please don't use this strategy in down trend....ok...

please hunt best trade in this strategy in uptrend....ok

Thank you for sharing this system....I will try on demo first....

please vote to this strategy...........thanks

Well, I think this strategy would never fill into a market that is open 24 hours a day, a market like FX needs a both way observation.
This system would have cost you your whole equity if you have been trying it in August 2008 !!
It might be good for equity markets but not FX.

Good luck

This indicator works unpredictable. As you see I was even in uptrend. If I would open a position after the red line and bar closed -the next bar I would have a loss around 40 pips. Yes, if I would wait for the next candle it would cover the loss and would even make some profit but that´s like gambling..(eurusd H1 chart) This is just an example, I was checking the indicator on several pairs and time frames.