Lesson 04 | THV System Part 01 | Free Forex Trading Lessons
www.pipware.com Introduction of the CobraForex THV system found at Forex Factory
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www.pipware.com Introduction of the CobraForex THV system found at Forex Factory
Hey there! Have you thought about the British Box Breakout (google it)? Ive heard some unbelivable things about it and my friend made crazy amounts of moolah.
@theone225 Nope, though similar in reliance on EMA, they are two very different indicators. TRIX is essentially a strong noise filter, while MACD is a rather complex indicator for identifying changes in strength, direction or momentum of a trend.
You can find more info on both on either Wikipedia or Investopedia.
Is Trix and MACD the same thing???
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Have you tried this on a fixed pip profit target, say 5 or 6 pips? I can’t see the scale on your charts, but looks like there are some potential scalp short trades, ignoring the coral. And I would think the 1 minute chart would give plenty of opportunity, right!