i stopped the video after I found the name of the indicator, checked the code and this one uses something that I thought that I was the first and only one with this idea... well nope and this implementation is quite interesting. This one has potential. And now I will continue to watch your video :)
Hello and thank you for your question. The confusion might stem from the fact that our profitability isn't solely determined by the win rate and risk-to-reward ratio. While our theoretical risk-to-reward ratio may be 1:1, in practice, our actual results can vary due to factors such as our exit criteria. Our exit criteria can impact our average loss, meaning that it might not always be exactly 1%. Additionally, it's important to consider that our results are based on thousands of trades, which helps to smooth out individual variations and provide a clearer picture of overall profitability. If you have any further questions or need clarification, please feel free to ask.
📊Check The Indicator’s Ranking Sheet: docs.google.com/spreadsheets/d/1WcvrG8KLyYqXXveyEIlfYljtOLg7WySOwrv_lVya5hE/edit?usp=sharing
i stopped the video after I found the name of the indicator, checked the code and this one uses something that I thought that I was the first and only one with this idea... well nope and this implementation is quite interesting. This one has potential. And now I will continue to watch your video :)
The indicator world is full of surprises, isn't it? Glad you found this implementation intriguing!
Really good, thanks. I have some interesting indicators, too.
@@CerberusFX Thank you!
I'm scalping using Bollinger bands, stochastics, and RSI in my The5ers prop challenge.
Cool strategy, man! Good luck with your scalping in the prop challenge.
In order to trade in my The5ers prop challenge, I'm applying the master pattern indicator.
That's a great strategy! Best of luck with your trading!
Bravo, great informational video!
Thanks a ton for the support, glad you liked it!
I completed the The5ers prop challenge using MACD and S&R.
That's awesome! Congratulations on completing the challenge!
I’m confused. If it’s approximately a 52% win rate then how did you get such high profitability with a 1 to 1 Risk to Reward Ratio?
Hello and thank you for your question.
The confusion might stem from the fact that our profitability isn't solely determined by the win rate and risk-to-reward ratio. While our theoretical risk-to-reward ratio may be 1:1, in practice, our actual results can vary due to factors such as our exit criteria.
Our exit criteria can impact our average loss, meaning that it might not always be exactly 1%. Additionally, it's important to consider that our results are based on thousands of trades, which helps to smooth out individual variations and provide a clearer picture of overall profitability.
If you have any further questions or need clarification, please feel free to ask.
Great work buddy
Thank you so much for the kind words!
It's similar to SMI Ergodic Oscillator
That's great to hear! It's always interesting to find similarities between different tools and indicators.
Good. But i can't find this indicator...download link please. Thank you
Hey there! Here you have it: www.tradingview.com/script/iiszAM79-Doda-Stochastic/
Love your work
Your support means the world to me, thank you for watching!
@@algotradepro the least I can do.
You mentioned it can be further tweaked with volumes, will that be available in your bot and the settings for it? To. Minimise drawdown?
Yup, we're on it! Adding volume tweaks to the bot settings to cut down on drawdown. Stay tuned!
this one is bad, the signal for peak and bottom come too late. if you want more accurate then change the input value to change to 3 10 3
Hey, thanks for the tip! I'll tweak the input values and see if we can get those signals on time.
Great ❤
Thanks for the positive feedback!
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