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Disliked{quote} yeah, the first trade hit the sl, open the second trade and hit the TP.Ignored
Disliked3. at 9.00 opening candle see the market whether its going down or going up. If its going down, put the sell stop the first 00 level under, and if it going up, put the buy stop at the first 00 level above the 8.00 candle.Ignored
Disliked{quote} Alright, so you just open buy stop / sell stop at whatever 00 level gets hit after the 09.00 candle opens.. Quoting zentrader8 BUY STOP 1.0710 TP 1.0720 SL 1.0705 Lets see {image} I was confused because in rule number 3 you seem to indicate the 08.00 candle high and low had some significance. The next 00 level above the 08.00 candle was 1.072. If you had your buy stop at that level, the order would never had been triggered. {quote}Ignored
DislikedI check some last Trading days start 19 Jan 2017, but careful it will be different by other Broker, I decide at GKFX MT4 and trade at Dukascopy because of the small Spread and this is important, same at the 23 Jan 2017, the price come for 0.7 pips near the SL but my Broker had only 0.2-0.5 pips spread. may you take some broker with the small spread and commission so its better. I check 20 trading days, 19 Jan - 26 Jan and 01 Feb - 20 Feb 2017 between Jan and Feb some 1 minute data was missing, so this 20 days the result, trade first 1:1.5R and second...Ignored
Disliked{quote} You have to check your broker time. I believe zentrader was referring to the close of 0800 candle as reference for IC markets, might be different from other brokers. My timezone is +8 GMT, so is at 2pm for +8 GMT.Ignored
Dislikedi get a lower or the same spread about 0.2-0.4 on eurjpy so i will try this pair aswell on demo lets see how it goes in the long runIgnored
Dislikedyes i will do this tommorrow morning! a year backtest should be enough for the beginning, isnt it?Ignored
DislikedToday trade first trade: buy stop 1.0660 tp; 1.0670 sl : 1.0645 SL hit Second trade open: sell stop 1.0640 TP: 1.0630 SL: 1.0655 TP hit End the day with green pipsIgnored
DislikedToday trade first trade: buy stop 1.0660 tp; 1.0670 sl : 1.0645 SL hit Second trade open: sell stop 1.0640 TP: 1.0630 SL: 1.0655 TP hit End the day with green pipsIgnored
Disliked{quote} Hi Zen, this neat little indy should make life a bit easier (thanks to Gumrai). Just input the desired hourly candle and it will auto draw the high and low. Should make back-testing easier too. I am a little confused about your trade today. You said your first trade hit SL, but I dont see how your buy stop was triggered because the hourly candle before london open never crossed that high, or even came close to it. It did trigger your sell stop which went to TP. {image} {file} {file}Ignored
Disliked{quote} I am confused too, looks like Zentrader is not using the candle two hours before London open, but 3 hours before London open to mark the high/low.Ignored
Disliked{quote} Ok, I looked at charts again and I think Zen might have had a little mix up because of the Daylight saving time changes. His buy stop level matches with the candle high of the previous candle (which would be incorrect according to his rule) but his sell stop matches with the low of candle after that one (which I assume should be the correct one).Ignored
DislikedToday trade first trade: buy stop 1.0660 tp; 1.0670 sl : 1.0645 SL hit Second trade open: sell stop 1.0640 TP: 1.0630 SL: 1.0655 TP hit End the day with green pipsIgnored
Disliked6.if its hit sl then see the market, see the high/low of the first 00 level above/under the 8 pm, place an order on that level with triple lots.Ignored