DislikedFRIENDS is no fair to have questions about entry /sl/tp etc after 113 pages please read at least the last 20 pages will find almost all your answers this mean that you want at once all the info without your tryIgnored

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
DislikedFRIENDS is no fair to have questions about entry /sl/tp etc after 113 pages please read at least the last 20 pages will find almost all your answers this mean that you want at once all the info without your tryIgnored
Disliked{quote} People wouldn't keep asking the rules if they were clear, they seemed to have changed throughout the thread and the trades on your explorer don't seem to match the rules in the thread either. If you set out the rules that you use in a clear manner it would then stop people asking, maybe update the first post so that it has the rules in one place all the time.Ignored
Disliked{quote} People wouldn't keep asking the rules if they were clear, they seemed to have changed throughout the thread and the trades on your explorer don't seem to match the rules in the thread either. If you set out the rules that you use in a clear manner it would then stop people asking, maybe update the first post so that it has the rules in one place all the time.Ignored
Disliked{quote} here in Greece we have a saying "someone give as a gift a donkey to his friend and his friend examined the donkey teeth"
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DislikedThe rules as quoted above by Dagoods look simple enough. What Is not to understand?Ignored
DislikedThe rules as quoted above by Dagoods look simple enough. What Is not to understand?Ignored
Disliked{quote} His rules may be simple but are they correct? He says straddle the candle with orders, I thought if it was green you set a buy and red a sell? Target 150%, what happened to 200 and 300? BE at 180% ? Trailing stop at 140? If the OP just stated the rules instead of his gobbledeegook we'd all be a bit wiser.Ignored
DislikedHi, I built the a EA for this system with the original rules from dimdel. No stop to be, no trailing and so on.... result are not so good. If you want to have the Ea, no problem, only tell me. If someone has good ideas to improve the results with some filters additionally please write. I will implement if I can. I allready implemented a trailing stop with much better results. Kind regards BenIgnored
DislikedWell, I made the EA. I made a few backtests on EUR/USD H4 (backtester is much faster than on MT4). If risk is more than 35 pips, position size is half the size than if less than 35 pips. Stop loss moves to breakeven on 150%fib. Results on past 3 months not good. A little better if SL further moves to 150% if price reaches 180%fib. Attached results for period Nov'14-Nov'15. The amount (volume) format is in millions. Holler if you want another instrument/candle. EDIT - In all fairness though, I've noticed quite a few hiccups in the historical chart...Ignored
DislikedHi, I built the a EA for this system with the original rules from dimdel. No stop to be, no trailing and so on.... result are not so good. If you want to have the Ea, no problem, only tell me. If someone has good ideas to improve the results with some filters additionally please write. I will implement if I can. I allready implemented a trailing stop with much better results. Kind regards BenIgnored
Disliked{quote} If you use M1 data then it is pretty accurate, especially when using H4 for signals. In most cases you can see by naked eye even on M15 if your trade went well or not. Backtests are not that hard to do if you trade higher timeframes.Ignored
Disliked{quote} That looks very good. Can you share the exact rules that you used with us? I can code an MQL4 EA with this rules and share here for free. Regards,Ignored
Disliked{quote} Hi, If you are going to build an EA, i would like to suggest coding two rules that are very important and I don't think the previous EA's posted here used them. -First rule is that, it should not trade very large candles. ( I think Dimdel mentioned 600 points somewhere in the tread) Second, go from SL to TP after the price action extends to 80 (about 161 Fibonacci). Best, JoshIgnored