Let the market comes to you!
This EA above is available for the following accounts :
- 684871 - koh*samet
- 685049 - easytrading3
- 7088792 - Nf414
- 349416 - llybt
- 16686 - EnDirect
Notes : This EA is for EURUSD H1 TF only, but feel free to try it on other pairs. And if you see the screenshot of my indicator above, this EA uses the yellow and blue arrows only.
WARNING :
Please do NOT rely your trades on this EA alone, the main purpose of this EA is to find the best entry signals by finding the turning points (reversal).
Let the market comes to you!
{quote} Same here my bro.. I dont trade either until Jan 5th 2015. holiday is Holiday, we need that right? And wish us all a wonderful 2015
Trade for today from my second formula : BUY and TP at 1.21917 Feel free if you want to open positions, but I don't trade until January 5th.
Let the market comes to you!
notice all the yellow circles above? It works like this :
- the previous candle is strong bullish
- the next candle is still a strong bullish with small nose (yellow circle)
- then it's more likely the next candle will turns to bearish, or if any, the next candle will be the last bullish candle which will turns into something like pinbar.
- candle with all the criteria above usually is a reversal signal
and vice versa.
hopefully you'll find this analysis useful
Let the market comes to you!
{image} notice all the yellow circles above? It works like this : the previous candle is strong bullish the next candle is still a strong bullish with small nose (yellow circle) then it's more likely the next candle will turns to bearish, or if any, the next candle will be the last bullish candle which will turns into something like pinbar. candle with all the criteria above usually is a reversal signal and vice versa. hopefully you'll find this analysis useful
Let the market comes to you!
EA Third Formula v1.5, revised my EA, added some new features and put my EA to the extreme {image} DD is quite high : 55% but if we talk about risk, that's just $100 new features added : trailing stop / SL at breakeven use MA as EXIT (still doesn't work as intended)
{image} notice all the yellow circles above? It works like this : the previous candle is strong bullish the next candle is still a strong bullish with small nose (yellow circle) then it's more likely the next candle will turns to bearish, or if any, the next candle will be the last bullish candle which will turns into something like pinbar. candle with all the criteria above usually is a reversal signal and vice versa. hopefully you'll find this analysis useful
{quote} Drawdown 55% with trailing stop / SL at breakeven incorporated? That's something... but very nice results, i have to say.
{quote} Hm, don't quite see how the yellow circles 2, 4, 5 match "the previous candle is strong bullish"...
Let the market comes to you!