need simple indicator for Daily green/red candle 2 replies
MT4 candle-by-candle manual backtesting 9 replies
How to make EA that send Open Price of Candle for every new candle 5 replies
Day's first H4 candle correlation to daily candle 14 replies
Correlation between first 4 hour candle and daily candle 1 reply
DislikedEA attached. settings: RiskSum - the sum in dollars which you want to risk in each trade. Default 0 RiskPercent - what part of current balance you want to risk in each trade. Default 3%. If you set it to 0 then EA will use RiskSum to calculate risk per trade SLfactor - what part of previous candle size you want to use as SL. Default 1 - that means that SL is all previous candle size. TPfactor - the same as SL. Default 1 - means that TP=SL or RR 1/1 or TP is Fibo 200. So if you want RR 1/2 set it to 2. Actually you can use any value. BEfactor - when...Ignored
Disliked...Disliked{quote} The problem is some people condemn a system without really having adequate knowledge on trading. I believe every system works on its own but not to perfection. The fact that people share it is because they need general insight from other traders to modify and enhance it so that the performance is close to perfection....... I totally agree with that all you said and thanks Lapozi for you help with your oppinions i would like to add something I do not know the knowledge that everyone here to Trade i sure that my levelIgnoredIgnored
Disliked{quote} Maybe you can add basic filtering. EMA. it's easy and it could make trades only in direction of trend. And If you can it could be good to test trailing SL with this strategy because I think it wasn't discussed yet. And manually bactest TSL is really difficult.:-) Thanks Today I manually opened first trades with this strategy. I am short on NZDJPY&GBPUSD for today.Ignored
Disliked{quote} hi dafa good idea but if i was Dezil i would like to see a purpose the at least 3 month manually backtesting in at least 3 pairs and if the result are better than these that we have then yes i will make the code but imagine all of us we have many ideas so how many EA we can make? of caurse is not mine issue what Dezil will do only my opinionIgnored
Disliked{quote}{quote} Price Action is the only way. The saying goes "Candles light up the darkness". Read the candlestick. It tells you to get in, get out, go North or go South. For instance, referring to andy_l's post, I would not have enter into U/C trade. The bull power is not convincing enough to warrant an upside movement. If you read the daily chart (which i cant post now cos I am at work), it shows the range market U/C has been in since 12/5/2015. It's between 192x-2090 range. I certainly wont enter the trade at 2040 like he did. A bit too late...Ignored
DislikedFYI. EDIT: Data below has been updated so the NZDUSD pair is included! Hi everyone, I have paper traded this method for 2 weeks now. I just want to show the potential of this method if you're not already aware of it. Broker: Tickmill TP: 50 pips SL: 100 pips TS: None 28 pairs Winners: 101 Losers: 24 N/T - Not traded: 180 Profit 2 weeks: 3417 pips {image} {file}Ignored
Disliked{quote} yes , why not my disagreement : ---if you win 10 times you need 5 loses ( in range market is very easy) and you are zero profit . ---you enter at new open ? ---the backtest is only 2 weeks? --demo or lice?Ignored
Disliked{quote} Yes enter at new open. Yes only 2 weeks Yes it 'only' demoIgnored
Disliked{quote} ok thanks George if work to you and you have make your test ok, go on and if you are profitable , i will follow youIgnored
DislikedPrice Action is the only way. The saying goes "Candles light up the darkness". Read the candlestick. It tells you to get in, get out, go North or go South. For instance, referring to andy_l's post, I would not have enter into U/C trade. The bull power is not convincing enough to warrant an upside movement. If you read the daily chart (which i cant post now cos I am at work), it shows the range market U/C has been in since 12/5/2015. It's between 192x-2090 range. I certainly wont enter the trade at 2040 like he did. A bit too late of entry with profit...Ignored
DislikedFYI. EDIT: Data below has been updated so the NZDUSD pair is included! Hi everyone, I have paper traded this method for 2 weeks now. I just want to show the potential of this method if you're not already aware of it. Broker: Tickmill TP: 50 pips SL: 100 pips TS: None 28 pairs Winners: 101 Losers: 24 N/T - Not traded: 180 Profit 2 weeks: 3417 pips {image} {file}Ignored
Disliked{quote} Hi George, What method do you enter the trade (as an example GU)? Could you explain? Thx {image}Ignored