Fibonacci Grid by AlphaOmega
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Can this strategy be automated in fxdreema? Does it use a custom indicator? What is the performance of this strategy?
Regards,
Avraham -
first of all, it is not one strategy, and this grid is tool, that means it is tool for another view on the market and exists a lot of strategies how to trade with this grid ...
yes it can be done in fxdreema, and work depends on details ...
no, there are not custom indicators
performance depends, because it is not meaning to be fully automated, you must control it (especially during news)... but there is no reason to do it again because here is all what you need, you must read:
https://www.forexfactory.com/showthread.php?t=558372when you understand how it is working, you can create automated tests in fxdreema with few clicks for your specific strategy based on that grid system ...
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Thanks miro!
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Hi miro!
When i wrote some post here you wrote that it is time to stop trading indicators etc and the good way is trading probability. Now you are writing it can't be traded automatically. Isn't there a way to trade automatically and have good performance?
Sorry if my question is annoying you. I'm just searching for profit! -
grid by AlphaOmega is based on trading probability if your strategy is based on that ... lets say your strategy is selling highs - and this is probability because the more highs you sell, the greater chance to hit one right ....
... but there are indicators which are blindly showing arrows or something similiar and this is not good way ...