I would even put the first div on the HH before your blue line. And the red one is the second for me.
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Disliked{quote} You may have to download it directly from the MQL5, in the market, page 6. Click on MT4 indicators , then click on free and go to page 6, see picture. {image}Ignored
DislikedHey zoheb01, I programmed the strategy as an EA and backtested it. With the settings you mentioned in the video, it isn't profitable. But it can be with some slight tweaking! 1. Instruments matter. I found it to be effective on EURUSD, GBPUSD, and a few others, but very unprofitable on some pairs. Surprisingly, the day of the week also affects it. EURUSD is much more profitable by far on Fridays etc. 2. The Higher Timeframe Filter doesn't work. You mentioned also checking the RSI values on the higher timeframe as a filter. It actually makes profitability...Ignored
DislikedHey zoheb01, I programmed the strategy as an EA and backtested it. With the settings you mentioned in the video, it isn't profitable. But it can be with some slight tweaking! 1. Instruments matter. I found it to be effective on EURUSD, GBPUSD, and a few others, but very unprofitable on some pairs. Surprisingly, the day of the week also affects it. EURUSD is much more profitable by far on Fridays etc. 2. The Higher Timeframe Filter doesn't work. You mentioned also checking the RSI values on the higher timeframe as a filter. It actually makes profitability...Ignored
Disliked{quote} You must be mistaken cause ive lost only 1 trade in the last 10,3 or BE but only 1 LOSS!!!!Ignored
Disliked{quote} all parameters are correct? maybe something missing or wrongly coded.Ignored
Disliked{quote} {quote} Well I backtested it over a long period of time (from 2018). It seems to be performing better in March 2020, but these months now are outliers due to heightened volatility from the virus. If it had a 9/10 success rate that really would be amazing @Dino10. But there is no holy grail in trading haha. And this strategy relies on regular divergence, which does not happen at the same time as the RSI retraction very often. So if you got 10 trades in a very short timespan, you might be doing something different and have stumbled onto a...Ignored
Dislikedthanks for videos. how far back would you be looking for divergence though (how far apart can two points be)? would this be a valid trade to go short? (this is 1 hour chart) {image}Ignored
DislikedAs I see there are not so many trade setups that would meet all the criteria. I'm looking forward for more examples of valid trade setups. Thanks for sharing the systemIgnored
DislikedOne thing I noticed missing from the videos (or maybe didn't hear it being mentioned) is the spread on the pairs. Do you factor those in when setting the TP and SL?Ignored
Disliked{quote} same here, not loading in MT4. @zoheb01 thanks for this course. its funny I went to your youtube because of another topic (OGT Price Action Indicator) so really cool that you're active here. Really cant wait for the live setups and charts. Sounds pretty interesting. Have you tested this strategy? Whats the average win rate in % of this after 100/1000 trades?Ignored
DislikedHi... Have a question about divergence. On the chart below there is divergence between the far left red arrows and the blue line. Do you consider that the divergence has completed at the low right after the blue line or do you still consider price divergent at the red line??? {image}Ignored
DislikedHey zoheb01, I programmed the strategy as an EA and backtested it. With the settings you mentioned in the video, it isn't profitable. But it can be with some slight tweaking! 1. Instruments matter. I found it to be effective on EURUSD, GBPUSD, and a few others, but very unprofitable on some pairs. Surprisingly, the day of the week also affects it. EURUSD is much more profitable by far on Fridays etc. 2. The Higher Timeframe Filter doesn't work. You mentioned also checking the RSI values on the higher timeframe as a filter. It actually makes profitability...Ignored