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Simple Daily Trend Reversal Trading System

Took me 3 days, but i read it all...from a simple methodology to the challenges with TP N SL...and EA. i wonder why Ebecker left.
Thank u Mrdfx.
Quoting mrdfx
For those to lazy to read first post, there is a new thread! https://www.forexfactory.com/showthread.php?t=864690
Does that mean that you are closing this thread?
Quoting FxMadness
{quote} No problem with the closed trades over the past two days thus far which does say something about the strategy. Open trades are just in a bit of a DD but still less than the already secured profit. But i will monitor the carefully. {image}
sir do have this one arrow up arrow down indicator can you send me thanx
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Quoting mrdfx
{quote} The only indicator that can repaint is the zig zag arrow, this is why I use the trend indicator, the stochastic and the SMA to make the confirmation before opening a trade. I mainly trade the major pairs only, but it can be used on any pair you like, and I use it mainly on H4 and H1 TF.
Does that mean that when the arrow appears, it may disappear again, and while it is on the chart, the other indicators may not confirm the arrow? While looking at the chart restrospectively, all the arrows seem to indicate a successful trade.
Hi Mrdfx, I have read all the pages on the topic you have opened, some pages I read two or three times.
Thank you for the great strategy you put here in the forum, and thank you to everyone else who has come to expect further development.
I have a question, can this strategy be reworked for the MT5 as well?
thanks in advance
  • Post #4,488
  • Quote
  • Edited Sep 24, 2019 11:23am Sep 23, 2019 11:27am | Edited Sep 24, 2019 11:23am
Hey everyone its been a long time.

As successful as this strategy is and was proven to be traded manually, I'll be closing this thread.

I have so many things going on and with my own personal trading, I don't spend much time anymore on FF, and can't dedicate enough time to manage this thread.

You guys are more than welcome to continue to participate trading this strategy however it will remain in the recycle bin.

Cheers guys and green pips to you all.

EDIT: So Twee emailed me asking if I can keep the thread open as it adds value to the forum, so I will not be closing, but I won't be monitoring and managing the thread as before so if you do ask any questions please first check if its been answered already before expecting a reply. Thanks.
Truth is like poetry. And most people f*cking hate poetry.
Quoting Dojistar100
{quote} Am I right? {image}
Sorry for the late answer. Yes, probably TakeProfit could be there, and may be you will need a BreakEven at about S38. So it's probably not the best trade in terms of Risk/Reward potential.
In my eyes the main point is the question: Is there a high probability that the price goes in one direction...
If you can say: yes my signals of this strategy have this...you ll be successfull....
This here might work...but not with 65-80% where I m looking 4....
Maybe you mrdfx filters only the good trades per hand....and the ea not....
Vucking good EA coder...
Problem is it repaints so in hindsight looks great but trust me the arrow is not something to base trades on. This is actually a pretty close copy of The Beast Super Signal software, if not the exact same.
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