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One Hour Sniper (OHS)

  • #321
  • Jul 14, 2017 11:17am Jul 14, 2017 11:17am
A 1H Sniper Trade with 4H confirmation... but I risked only half because the stochastic was between the 80 and the 20.
I plan to let this run for the weekend as well. My entry was WAY off, I took a huge gamble, notice where my buy 'line' is. BIG mistake on my part. It's generating pips though.
Thx Renofaith
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  • #322
  • Jul 14, 2017 11:28am Jul 14, 2017 11:28am
Quoting Kongjarl
Well I can say I'm busy trading and that's a very good sign Yesterday I made 207 pips on one day. Growing my LIVE account with 20%. So a pretty good day. Today is also pretty good. So far i have +72 pips. I'm monitoring EURUSD, EURCHF, EURJPY, GBPUSD, EURCAD, EURNZD, EURAUD, EURGBP and GBPJPY.
Very happy to know you are having lots of success. CONGRATULATIONS !!!
Thx Renofaith
  • #323
  • Jul 21, 2017 8:32am Jul 21, 2017 8:32am
I thought I'd post my recent backtest results (done using FXBlue's trading simulator) on UJ over 4 months from April to August 2016. As long as you stay on the good side of the H4 trends the results are very good and I'll start trading this live.

I'm also including the notes I took while analyzing the strategy, and my template and indicators (from Forex-Station) that I will use going forward, just in case any of this is useful to anyone in the future. Thanks Renofaith, and God bless.

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Attached File(s)
File Type: mq4 Heiken Ashi Candle Count Alert.mq4   8 KB | 515 downloads
File Type: tpl OHS2c-H1.tpl   986 KB | 520 downloads
File Type: mq4 stochastic-mtf-with-alert.mq4   8 KB | 560 downloads
File Type: pdf OHS v1.1.notes.pdf   136 KB | 738 downloads
  • #324
  • Jul 22, 2017 1:49pm Jul 22, 2017 1:49pm
Greetings Traders, I took a trade 'last' Monday and decided to leave it alone for the week and the weekend. It's one my best trades ever. I left the sto- off of it to signify I didn't need to check it like all the others.
Thx Renofaith
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  • #325
  • Jul 22, 2017 2:02pm Jul 22, 2017 2:02pm
Hello Traders,
I believe in keeping it real and posting bad trades along with the good.
I thought sure this trade was $$$ in the bank. I lost the trade.
Option 2 on the entries, instead of entering on a close enter on the high/low of the candle.
I lost 1 percent on this trade. It was a very successful trade because I followed my rules.
Hope you all have a super weekend.
Renofaith
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  • #326
  • Jul 22, 2017 2:09pm Jul 22, 2017 2:09pm
Quoting clemmo17
I thought I'd post my recent backtest results (done using FXBlue's trading simulator) on UJ over 4 months from April to August 2016. As long as you stay on the good side of the H4 trends the results are very good and I'll start trading this live. I'm also including the notes I took while analyzing the strategy, and my template and indicators (from Forex-Station) that I will use going forward, just in case any of this is useful to anyone in the future. Thanks Renofaith, and God bless. {image} {image}{image} {file} {file} {file} {image}
Hello clemmo,
I'm very glad to see your positive results. Upon reading the PDF, I did discover a few differences from the Sniper System. I believe the more nimble a trader can be, the more pips you'll be able to generate.
$3,000. to over $20,000 in four months is impressive. That would equate to over $120,000. in less than a year. I like them odds.
I do not trust your MTF Stochastics just yet, but if it works for you, that's super.
All the best trades to you-
Renofaith
  • #327
  • Jul 22, 2017 2:26pm Jul 22, 2017 2:26pm
Quote
Hello clemmo,
I'm very glad to see your positive results. Upon reading the PDF, I did discover a few differences from the Sniper System. I believe the more nimble a trader can be, the more pips you'll be able to generate.
$3,000. to over $20,000 in four months is impressive. That would equate to over $120,000. in less than a year. I like them odds.
I do not trust your MTF Stochastics just yet, but if it works for you, that's super.
All the best trades to you-
Renofaith

can u share tpl and indicator
  • #328
  • Jul 22, 2017 2:52pm Jul 22, 2017 2:52pm
Quoting Encody123
{quote} can u share tpl and indicator
post 323
  • #329
  • Jul 22, 2017 3:13pm Jul 22, 2017 3:13pm
Greetings Traders,
I put heavy concentration on 2 things this last week.
I made a daily note (as early as possible) the daily bias (direction) for all 15 pairs.
Finally, Traded nothing but hidden divergence on the 1H, 4H, and Daily charts.
Hope this helps,
Renofaith
  • #330
  • Jul 22, 2017 5:11pm Jul 22, 2017 5:11pm
Greetings traders,
Took this hidden divergence on the UJ on the 20th. I took half the risk off at 111.15
I just plotted the heavy blue line. When I see PA doing this kind of descent, no need to check the daily chart. Although I did have it noted.
Thx Renofaith
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  • #331
  • Jul 22, 2017 5:19pm Jul 22, 2017 5:19pm
Greetings Traders,
2 items of note on this trade with the GJ. First off, I like my hidden divergence trades to be a bit more clean than this. This is also called a double top. (triple)
Secondly, if you look at the buy line, I was rushed to get into the trade (remember the full time job).
This trade worked out very well for me.
PPPPP. ssssss. as you all can still see, a very clean chart without all the hoopla.
Good Luck to all,
Renofaith
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  • #332
  • Jul 22, 2017 6:11pm Jul 22, 2017 6:11pm
I consider this a clean setup. EA on the 1H. I did not participate in this trade.
Renofaith
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  • #333
  • Jul 22, 2017 6:16pm Jul 22, 2017 6:16pm
Any trader had 6 hours to get in on this one.
Greetings
Renofaith
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  • #334
  • Jul 22, 2017 6:33pm Jul 22, 2017 6:33pm
Double Sniper Attack in 1 week.
Lesson to be learned here. Just because the Daily stochastics is oversold, that does NOT mean the instrument will reverse. Remember, hidden divergence is also a trend continuation trade.
Thx Renofaith
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  • #335
  • Jul 22, 2017 7:39pm Jul 22, 2017 7:39pm
Quoting renofaith
Greetings Traders, 2 items of note on this trade with the GJ. First off, I like my hidden divergence trades to be a bit more clean than this. This is also called a double top. (triple) Secondly, if you look at the buy line, I was rushed to get into the trade (remember the full time job). This trade worked out very well for me. PPPPP. ssssss. as you all can still see, a very clean chart without all the hoopla. Good Luck to all, Renofaith {image}
Good evening Renofaith,
Its now 02:15 in Germany, so about 20:15 in your area?? I stumbled on your thread this afternoon and was so fascinated that i could not sleep! I do have to congratulate you on your way of doing things. Myself still new to the trading thing and am not qualified to give a pro meaning, but i do know that a person that is prepared to trade 9.00 lots , has to have confidence in his method! Seeing that i am retired and not depended on the income, i am trading much smaller and part time, to support a couple of social projects in Africa. ( i am originally from Namibia) I do see the potential to trade bit more aggresive by keeping to your method, instead of my picking a trade here and there. I have read a very interesting book about divergence and will study it again, to try and contribute on this thread, if i may? Being in two different time-zones , tjink we could supplement each other in a positive way. I am also corresponding with a retired pro-trader from Australia, analyses his charts 5hrs before me and i am 6hrs ahaid of you guys, could become an interesting chain? Wish you a nice evening and rest of the weekend. Glad to be aquainted.
Goyatrade.
  • #336
  • Jul 22, 2017 7:51pm Jul 22, 2017 7:51pm
Quoting Goyatrade
{quote} Good evening Renofaith, Its now 02:15 in Germany, so about 20:15 in your area?? I stumbled on your thread this afternoon and was so fascinated that i could not sleep! I do have to congratulate you on your way of doing things. Myself still new to the trading thing and am not qualified to give a pro meaning, but i do know that a person that is prepared to trade 9.00 lots , has to have confidence in his method! Seeing that i am retired and not depended on the income, i am trading much smaller and part time, to support a couple of social projects...
Thank you so much Goyatrade for those kind words.
First off, and perhaps most importantly, do not be misled by the lot size (9 lots). I'm currently trading a very large DEMO account.
I do have lots of confidence in this strategy.
Please share any ideas with the group that you wish. Post any charts you wish, although I think most are sticking with the same stochastic settings. I do believe in very clean charts personally. It helps me spot divergences that much quicker.
Finally, I am always learning. I do not trade this for a living yet. I am preparing to do so soon.
Thank you again for the kind words and ...
WELCOME
Thx Renofaith
  • #337
  • Jul 22, 2017 7:55pm Jul 22, 2017 7:55pm
Quoting renofaith
{quote} Thank you so much Goyatrade for those kind words. First off, and perhaps most importantly, do not be misled by the lot size (9 lots). I'm currently trading a very large DEMO account. I do have lots of confidence in this strategy. Please share any ideas with the group that you wish. Post any charts you wish, although I think most are sticking with the same stochastic settings. I do believe in very clean charts personally. It helps me spot divergences that much quicker. Finally, I am always learning. I do not trade this for a living yet. I...
Thanks for the invite and welcome! I hope to become a positive contribution! Looking fwd to a nice friendship!
  • #338
  • Jul 22, 2017 9:28pm Jul 22, 2017 9:28pm
Greetings Traders,
When I look at this thread and notice there are either no or very few questions, that tells me this is a very simple strategy. This is a good strategy suited for those with a job who can't be glued to the computer all day. Most of my objectives have been met.
Traders are generating pips.
... things you may not know
1. I go through baby pips once a year whether I need it or not to stay sharp.
2. I read ten pages of a good book or read 15 minutes off a trading website of some kind daily.
3. I always know my maximum risk daily before I even look for setups.
4. My daily goals are written down on a piece of paper and taped nearby.
5. I hold on to successful trades over the weekend (I currently have 3 good trades, and 1 that is in negative territory).
6. I take responsibility for my own actions, I'll never be a perfect trader.
7. My trades are good often, but the market is ALWAYS right every time.
Hope this helps-
Thx Renofaith
  • #339
  • Jul 22, 2017 9:38pm Jul 22, 2017 9:38pm
Hello Renofaith
This is one of the few threads I've read from page one through to the end. I love the simplicity and your genuine helpfulness. I just wondered, have you ever looked at using Synergy APB bars (can be found here on FF) instead of HA? I find them cleaner to look at.
Thanks for all your time and effort.

Loftboy.
All you touch and all you see, is all your life will ever be.
  • #340
  • Jul 22, 2017 9:38pm Jul 22, 2017 9:38pm
Last chart of the day for me. This BEAUTY garnered someone more double their risk and is still going. It is a Daily chart and was confirmed by the weekly chart.
Any trader had 3 days to participate in this trade. The red vertical line is the entry.
Thx Renofaith
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