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Trading like a child | Forex indicator download - MT4/MT5 resources

author EAcpu | 2 reads | 0 comments |

an idea


Let's say we are now both developing a daily charting system for cables from scratch, and we don't have any experience trading correct price action, don't know (or want to know) how to use indicators, etc. What will the child do? Who knows, but I assume they would think more intuitively - watching what happens in the bar patterns when the big trends happen, and what happens when the failures happen by looking at the picture on the screen. Perhaps by looking at enough chart setups we can identify some factors that seem to lead to a high probability of successful trades and take advantage of this.

This concept is based on an assumption (to be proven or doubted): no matter how random or specific the market is, cannot be predicted or can be traded using "proper" techniques, do we really need all of this to be successful? What if we could invent rules whose following led to overall success? This may seem pointless, like only trading on Tuesday and only going long on Monday's breakout of the high, but it doesn't matter as long as the account balance is positive and growing in the long run.
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