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Weekly system (Set and forget)

  • #101
  • Edited 5:48am Oct 18, 2017 5:11am | Edited 5:48am
thanks Cocolizo for the strategy
thanks Beertje for the EA

Here are three trades of cocolizo V3 displayed on H4
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd.png Size: 86 KB
Click to Enlarge Name: gbpusd.png Size: 87 KB
Click to Enlarge Name: EURUSDH4.png Size: 51 KB
Click to Enlarge Name: Unbenannt.PNG Size: 20 KB
  • #102
  • Oct 18, 2017 5:14am Oct 18, 2017 5:14am
Quoting menek
Finally, Eu take profit again today
can you show a picture of the trade (H4) ?
  • #103
  • Oct 18, 2017 5:25am Oct 18, 2017 5:25am
Quoting M.Propper
thanks Cocolizo for the strategy thanks Beertje for the EA Here are three trades of cocolizo V3 displayed on H4 {image} {image} {image}
hi M.Propper

are these trades taked by the EA? Did it take it in automatic mode?


thanks
toni
  • #104
  • Oct 18, 2017 5:36am Oct 18, 2017 5:36am
Quoting forexdaist
{quote} hi M.Propper are these trades taked by the EA? Did it take it in automatic mode? thanks toni
yes and yes
  • #105
  • Oct 18, 2017 11:16am Oct 18, 2017 11:16am
Quoting M.Propper
{quote} can you show a picture of the trade (H4) ?
The first small bullish candle between my red lines is the first 4hr candle of the week and it is candle 1. The second bearish candle broke the lower red line. It is candle 2. I place a blue line at the low of that candle and set my sell order on that blue line. Thereafter my sell order was triggered. Tp was at the close of the second bearish candle after my order was triggered. See the picture attached
Attached Image (click to enlarge)
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  • #106
  • Oct 18, 2017 2:34pm Oct 18, 2017 2:34pm
Quoting menek
{quote} The first small bullish candle between my red lines is the first 4hr candle of the week and it is candle 1. The second bearish candle broke the lower red line. It is candle 2. I place a blue line at the low of that candle and set my sell order on that blue line. Thereafter my sell order was triggered. Tp was at the close of the second bearish candle after my order was triggered. See the picture attached {image}
thank you for the details.
two more questions please.
you made the trade manually?
if so, did you keep the 3 pips distance to the low of the candle 2?
  • #107
  • Oct 18, 2017 5:49pm Oct 18, 2017 5:49pm
Well I closed the trade at breakeven . My target was at last week low 1.1719.
  • #108
  • Oct 18, 2017 6:45pm Oct 18, 2017 6:45pm
Quoting M.Propper
{quote} thank you for the details. two more questions please. you made the trade manually? if so, did you keep the 3 pips distance to the low of the candle 2?
2pips but even at 3pips it would still be in profit
  • #109
  • Oct 18, 2017 6:57pm Oct 18, 2017 6:57pm
Looks like price trend is changing and going up in the middle of the week. Look out at 1.1819 which is the high of candle 1. We could have a buy trade activated soon.
  • #110
  • Oct 19, 2017 12:50am Oct 19, 2017 12:50am
Quoting cocolizo67
Looks like price trend is changing and going up in the middle of the week. Look out at 1.1819 which is the high of candle 1. We could have a buy trade activated soon.
Do u take two trades in a week if you have both sell and buy signal?
  • #111
  • Oct 19, 2017 6:46am Oct 19, 2017 6:46am
Quoting menek
{quote} Do u take two trades in a week if you have both sell and buy signal?
Yes. Because its a clear sign of reversal. Usually is a very strong movement.
  • #112
  • Oct 19, 2017 6:57am Oct 19, 2017 6:57am
Hi,
Did I understand correctly - EA makes only one trade per week?
Would it be possible to make an option in the EA to choose how often you want to open positions (at least once a day).
  • #113
  • Oct 19, 2017 9:28am Oct 19, 2017 9:28am
I was just observing the nake chart. Using 50sl and 50tp would have given a very good result. I didn't go back beyond April due to timezone changes on broker around March
  • #114
  • Oct 19, 2017 9:46am Oct 19, 2017 9:46am
Buy 1.1845
Target: last week high 1.1879
  • #115
  • Oct 19, 2017 9:56am Oct 19, 2017 9:56am
Quoting dogri
Hi, Did I understand correctly - EA makes only one trade per week? Would it be possible to make an option in the EA to choose how often you want to open positions (at least once a day).
I am shure you will find an another EA, like Box trading EA. The idea behind this thread, to ride the Monday move. I can add to switch between the days, but it is all.
  • #116
  • Oct 19, 2017 11:37am Oct 19, 2017 11:37am
OK. Add this.
Thanks!!!
  • #117
  • Oct 19, 2017 8:03pm Oct 19, 2017 8:03pm
like this.... simple n no need more think
i'm ever lose $2000, now time to go grow up
  • #118
  • Oct 20, 2017 2:17am Oct 20, 2017 2:17am
3.01 In this version you can switch between the days. And I corrected the risk calculation, it calculated always for fixed stop.
Attached File(s)
File Type: ex4 _Cocolizo67 Weekly one v3.01.ex4   38 KB | 375 downloads
  • #119
  • Oct 20, 2017 6:07am Oct 20, 2017 6:07am
Hi Beertje,
something wrong. Can't make an order.
Attached Image (click to enlarge)
Click to Enlarge Name: wer.jpg Size: 272 KB
  • #120
  • Oct 20, 2017 7:28am Oct 20, 2017 7:28am
Quoting Erebus
There is an indicator here ---> https://www.forexfactory.com/showthread.php?t=256848 called Daily Line Boxes which can highlight the first 2 by 4 hours candles of each week, and then draw high & low lines extended for the complete week Okay, so sometimes maybe the first 2 candles won't be strictly by the rules but it can give a good indication Be sure read the detailed instructions at that thread Here are a few quick settings to get you going and how it looks on the chart Trade well friends {image}
many thank for u brada.... open my mind... very good setting box indi...
and thank also for cocolizo69 for this strategy ... nice one...

easy to understand

i'm ever lose $2000, now time to go grow up
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