This Guy has in hindsight has claimed this as his Trading strategy. Cjeck out his Buy/Sell points. Greatest Trader ever or Fraud?
Actually it doesn't mean anything. We don't know if he bought to long, close or reverse. Guess a monkey could have achieved such a track record. It could be real. No issues. There is not enough data for anything meaningful. Ask him to provide a thousand trades. Then we can begin to tawk. Give him the same chart but upside down, Check if his entries are the same. LOL I see no real consistency btw trade, But maybe I am missing something. Can't tell what's his strategy from it.
Some strategies work better than others. Check if this one is a fraud.. 10000 tick chart and 10000 volume chart. Place 10 period ZLEMA on both charts When price opens above ZLEMA line on both charts go long. When price opens below ZLEMA line on both charts go short.
Exactly. All strategy will work in, at least, one specific time and place. But what matters is what happens when it doesn't work. Easy to make money, Harder to keep it.
My thoughts are: he's picked the exact peak and bottom to the Candlestick. Remembering, the Candlestick moves first, then the EMA. You couldn't get this exact precision using the EMA could you???
Depends on the following; 1) whether the strategy computes on bar close, whether it incorporates other TF's 2) what he uses as a filter or combination of filters for false positives 3) most of the tags are breaks in MS, some aren't so there is additional logic that is not evident by what is seen. 4) whether he's offering or taking liquidity 5) magic sauce The fact that it's on H4 shows promise, higher TF's offer more R:R