Where to set 5M timeframe in TSR V2? It is based on TF 4H as is written in info1, see attachement.
I used it before with opened chart in TF 4h and now I tried it in 5m TF and it looks me the same...
You are using the bad settings with high risk. The best settings is use with 5 M Timeframe and 1.2 Marti. Also if using one pair minimum balance must be $1000.
I have been testing the TSRv2.0 on live and demo accounts with numerous settings. After a few shot accounts both live and demo there are some things I have observed and I will list them here one by one for discussion. You can let me know your experience or whether it matters.
Firstly the EA trades against the trend in two ways. It uses the 20 MA which I think is a simple average and if price is above it will open SELL trades and if below it opens BUY trades. When it opens either BUYS or SELLS it may open both COUNTER TREND and TREND trades. So that is the first thing to be mindful of because your lot sizes will be doubled and you need to cater for that.
What timeframe should I use? The v2.0 seems to have 4HR as standard. I have switched it to 15M, 5M and even 1m but none of them seems to matter. I should mention that this is using the GJ pair which brings me to something else.
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