FOREX Harmonic Pattern Scanning Algorithm in Python pt. 6: Risk Management 1

FOREX Harmonic Pattern Scanning Algorithm in Python pt. 6: Risk Management 1

This video is dedicated to the management of risk past our harmonic predictions. In trading, it is best to remove emotions from our thinking process. By setting tight trailing stop losses we can minimize our losses and capitalize on our gains. In addition, we will introduce a method to account for unforeseen circumstances in the market. This is accomplished by setting a fixed loss for every trade, no matter if we make money or not. In the next video I will introduce another risk management method for our total portfolio equity. By imposing restrictions at an account balance level, we can further exercise caution in our trading practice. Thanks for watching!

• Auteur:

  PythonParseltongue

• ongueur:

  15m 13s

• Note:

  34

• Voir le compte:

  3142

Remarques

1. Great, you provided profit business to everyone who wants
2. please put the files in the description. Fantastic work. God bless you.
3. Thanks a lot. I have first time saw 6 videos at a time. Awesome Videos!
4. Fantastic work. God bless you.
5. Hi How are you? Your videos are awesome. Not a signle video since past one year. Are you OK?
6. just thank you
7. have you made enough $$ to pay for your degree yet?
8. Email?
9. please send me an email. harmonictrader@harmonictrader.com
10. Hope you finished your tasks well!! Are you planning to continue this marveless video series? Hope you do soon. I learn a lot about proper use of python.. Thank you for sharing !!!
11. Hi Parseltongue, could you please help with any video of how to make a python bot code run on an MT4 platform.
12. Fantastic work - thank you
13. hi. Do you do any contract work? I have a strategy that I would like to be built. Thanks
14. Hey, thanks for the great series!
    Probably it's newbie question. But what those numbers on y-axis mean? Is there any way to make them show pips total? and x-axis to show dates instead of indexes?
    https://youtu.be/yNJfVT6LJ3c?t=15m11s
15. hi, thank you for the videos
    do you upload your code as well? (like in GitHub?)
16. Hi a short question about your argrelextrema function. You totaly added max_idx and min_idx and plot it together. If you seperate both max_idx and min_idx and plot it with different colors there are sometimes more values in max_idx than in min_idx. Or two highs/lows after each other
    It looks like min_idx= 3 5 6 8 9 0 (thats only random numbers as an example)
    and max_idx=3 5 6 8 9 0 1 2 If you sort it now, you add 2 max_idx after each other. Maybe im the only one with the problem, but if you have any suggestions pls help me.
    I will add some picture as an example. Please follow the link below.
    http://up.picr.de/30999658rs.jpg
17. Just came across your videos! Absolutely brilliant mate! I'm learning so much!
    Keep it up!
18. what options you specified when downloading the historical data?
    in my case, I entered these options: EURUSD, 1 minute, ASK, 2 weeks
    as a result, I got the drop-down Accuracy chart tends to 20% approximately ))
    
    thank you for videos!
19. Thanks for your great video about python forex trading.
    Are you going to create video about oanda api connection with this hamonic trading ?
    I am looking forward to this. It's looks promising. I couldn't wait test in live market.
    Do you already trading at live market ?
20. Great you're getting back at it again!