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Attachments: The Bollinger Squeeze (TBS) Strategy
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The Bollinger Squeeze (TBS) Strategy

  • #61
  • Oct 20, 2017 9:57am Oct 20, 2017 9:57am
Quoting reteid2222
if U r unsure cause the rulez r soooo complex I have the solution: {file} {image} {file}

The arrows looks pretty accurate from the chart above, but I will apply the indicator to my chart and provide the feedback if the arrows match the criteria as described on the first page.
  • #62
  • Edited 5:10pm Oct 20, 2017 12:53pm | Edited 5:10pm
Quoting makemo8
{quote} The arrows looks pretty accurate from the chart above, but I will apply the indicator to my chart and provide the feedback if the arrows match the criteria as described on the first page.
I can confirm that the arrows are very accurate and it follows the original rules.

This is how I currently trade this strategy, it is a one way GRID.

If you get a BUY arrow, you will open pending 5 BUY limit and 5 BUY STOP orders (X pips distance between each pending orders). We will set take profit of Y pips for each order (currently using 50 pips take profit)
If the price trends upwards as expected (as we are in a BUY position), our limits orders will be executed. Then we will close all the open and pending orders when the price touches the Middle Bollinger Band.

If however, the price trends downwards against us, our stop orders will be executed. We may be in a negative territory for a short time, but we will eventually return back to the middle of Bollinger band where all the open trades and pending orders are closed. Due to cost averaging, we will close the basket in profit almost all the time.

Note that we may need more than 5 limits and 5 stop orders depending on the price movement between the start to the end of that circle and also depending on the pip distance set between the orders.

The same rule apply for SELL trades.
  • #63
  • Oct 20, 2017 4:31pm Oct 20, 2017 4:31pm
Quoting reteid2222
if U r unsure cause the rulez r soooo complex I have the solution: {file} {image} {file}
Very good and promising strategy. Thank you very much Makemo8. In post 59 retaid 222 gives us an indicator? and the template. I have put them in my metatrader but does not display all of the existing elements. Please help. Thanks in advance every body.
  • #64
  • Oct 21, 2017 3:31am Oct 21, 2017 3:31am
something isn't correct with the BB indi.

Getting yellow on the indi when the bands start to expand when it should be showing green.....
  • #65
  • Oct 21, 2017 3:48am Oct 21, 2017 3:48am
Quoting shrips
something isn't correct with the BB indi. Getting yellow on the indi when the bands start to expand when it should be showing green.....
Please post a screenshot with pair+tf so I can locate the error!
Vucking good EA coder... https://t.ly/AZjRM
  • #66
  • Oct 21, 2017 4:49am Oct 21, 2017 4:49am
ok worked it out i think....

on the colors tab of the settings, 0 should = yellow and 1 should = green

previously 0 and 1 = yellow
  • #67
  • Oct 21, 2017 10:34am Oct 21, 2017 10:34am
Just a small correction
Attached Image (click to enlarge)
Click to Enlarge Name: corr.jpg Size: 89 KB
  • #68
  • Oct 22, 2017 6:00pm Oct 22, 2017 6:00pm
Quoting cfudge
Just a small correction {image}
Great spot cfudge, thanks
  • #69
  • Oct 22, 2017 6:24pm Oct 22, 2017 6:24pm
Quoting reteid2222
{quote} used the coding logic(! means NOT): bool Buy(int i){ return Stoch.leaveOversoldZone(i) && BB.PriceUnderBBLastXCandles(i,5) && !BBWidth.isRed(i); ; } bool Sell(int i){ return Stoch.leaveOverboughtZone(i) && BB.PriceOverBBLastXCandles(i,5) && !BBWidth.isRed(i); ; }

Hi reteid2222,

I looked at the indicator you created again ("MakeMo8 - TBS V1.00 - Simple Arrow+AlertV2.71.ex4 "). It seems some SELL arrows are not generated. I have attached a screen shot so you can see if something is missing. Great job from you.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
  • #70
  • Oct 23, 2017 1:12am Oct 23, 2017 1:12am
Quoting makemo8
{quote} I can confirm that the arrows are very accurate and it follows the original rules. This is how I currently trade this strategy, it is a one way GRID. If you get a BUY arrow, you will open pending 5 BUY limit and 5 BUY STOP orders (X pips distance between each pending orders). We will set take profit of Y pips for each order (currently using 50 pips take profit) If the price trends upwards as expected (as we are in a BUY position), our limits orders will be executed. Then we will close all the open and pending orders when the price touches...

Picture of this please how you set it up. Thank You

Best regards
  • #71
  • Oct 23, 2017 2:32am Oct 23, 2017 2:32am
Quoting jgadefelth
{quote} Picture of this please how you set it up. Thank You Best regards

This was based on the picture sent by reteid2222 in post 59. You will have to aplly both the template and the indicator in post 59 to your chart to get the picture.

https://www.forexfactory.com/attachm...3&d=1508509997
  • #72
  • Oct 23, 2017 2:51am Oct 23, 2017 2:51am
Quoting makemo8
{quote} Hi reteid2222, I looked at the indicator you created again ("MakeMo8 - TBS V1.00 - Simple Arrow+AlertV2.71.ex4 "). It seems some SELL arrows are not generated. I have attached a screen shot so you can see if something is missing. Great job from you. {image}
yes, i second on this, the arrows are missing
  • #73
  • Edited 4:29am Oct 23, 2017 3:39am | Edited 4:29am
Hi to alll, I have put the MakeMo8 - TBS V1.00 - Simple Arrow+AlertV2.71.ex4 indicator, but it does not appear on the map and of course the template appears without this indicator
  • #74
  • Oct 23, 2017 3:51am Oct 23, 2017 3:51am
Quoting makemo8
{quote} This was based on the picture sent by reteid2222 in post 59. You will have to aplly both the template and the indicator in post 59 to your chart to get the picture. https://www.forexfactory.com/attachm...3&d=1508509997

Yes iwas most intrested of how you set up the buys and sells and tp you described in that post. How trades like that looks like. You say not many of those baskets become losers. I was hoping you could describe more about this please. Thank You.

Best regards
  • #75
  • Oct 23, 2017 6:13am Oct 23, 2017 6:13am
Maybe the Body of a Candle must touch the BB before the Stoch goes down or up for a valid signal.
Attached Image (click to enlarge)
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  • #76
  • Oct 23, 2017 7:11am Oct 23, 2017 7:11am
Quoting eurix
Maybe the Body of a Candle must touch the BB before the Stoch goes down or up for a valid signal. {image}
It is suffficient if only the wick touch the Bollinger bands. It is not a condition for the body to touch. Lets hope @reteid2222 can review the code for us.
  • #77
  • Oct 23, 2017 8:40am Oct 23, 2017 8:40am
Quoting eurix
Maybe the Body of a Candle must touch the BB before the Stoch goes down or up for a valid signal. {image}
Hi...need a screenshot with name of Pair, TF and the bottom the datei/time....
Vucking good EA coder... https://t.ly/AZjRM
  • #78
  • Oct 23, 2017 9:39am Oct 23, 2017 9:39am
Quoting reteid2222
{quote} Hi...need a screenshot with name of Pair, TF and the bottom the datei/time....
Pair: USDCHF
Timeframe: Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 153 KB
  • #79
  • Oct 24, 2017 3:58am Oct 24, 2017 3:58am
Need to add one more filter: stop run, (if you know what I´m talking about.)
Just look back at any chart, stop run is even a better filter than the yellow colour.
Meaning: look for all conditions as per original system, confirm if there was a stop run prior to signal.
Often you will see a signal, that would have been stopped, and THEN a second valid one, after the run, with a big move.
Big Boys live on stop runs...so called, "retailer meat".
My 2 cents worth.
BTW; that last USDCHF dayly chart that makemo8 posted, trigered after a stop run....!!!(can you read it?)
  • #80
  • Oct 24, 2017 4:43am Oct 24, 2017 4:43am
EURUSD 15 Min.(just an hour ago!!)
First valid signal stopped out, millions of dollars in the pockets of the Big Boys, "yummie retail meat "
Then: stop run on the obvious fractal , everybody who went long before,had a stop at the bottom of the last little swing.
Business as usual, day in, day out...Big Boys own the shop, can see all the orders, play with the cards of all opponents open..

CORRECTION: that first valid signal sign should be moved to the right!sorry
Attached Image (click to enlarge)
Click to Enlarge Name: euro run.PNG Size: 164 KB
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