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High win rate with rare trades on daily basis

  • #1
  • First Post: Oct 25, 2017 6:00am Oct 25, 2017 6:00am
http://strategy4you.ru/strategii-for...rex-day-x.html
Tested here:
http://strategy4you.ru/test-strategy-forex/day-x.html
U need the chrome translate add in 4 understanding....

I m interested cause I is a low less thing with high winrate and why I have posted it here is NOT that i don t understand the trades he has taken...more interesting r the trades he has NOT taken but look similar!
It it not the thing to code an ea....it is the secret 2 find out the rules to filter the other omitted trades!

Buy: Waterfall down...three green candles(also two allowed but not more) .....one red...buy stop over high of the last red candle.....
SL: Under last red candle
TP: Diff of low of waterfall to high of bear candle

Sell: Vice versa
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 170 KB
Click to Enlarge Name: Screenshot2.png Size: 170 KB
Click to Enlarge Name: Screenshot3.png Size: 224 KB
Vucking good EA coder... https://t.ly/AZjRM
  • #2
  • Oct 25, 2017 7:07am Oct 25, 2017 7:07am
I have seen kind of similar strategy thread in FF where they were talking about 3 candles. I will search that thread on FF.
  • #3
  • Oct 25, 2017 10:30am Oct 25, 2017 10:30am
Thanks 2222. I get the idea from the videos. Of course I don't understand a word of it, but the video shows (it appears) exactly what the set up is, I think.

Using daily charts, and trading from a swing point, fundamental bias is in play. The thing I did not understand are the trailing stops. If you understand that part, please explain.

Thanks,
Darryl
  • #4
  • Oct 25, 2017 1:09pm Oct 25, 2017 1:09pm
Quoting diamonddbw
Thanks 2222. I get the idea from the videos. Of course I don't understand a word of it, but the video shows (it appears) exactly what the set up is, I think. Using daily charts, and trading from a swing point, fundamental bias is in play. The thing I did not understand are the trailing stops. If you understand that part, please explain. Thanks, Darryl
I don t even have recognized that there was a trailing stop....sorry
Vucking good EA coder... https://t.ly/AZjRM
  • #5
  • Oct 25, 2017 1:53pm Oct 25, 2017 1:53pm
Hi, reteid2222.
Thanks for sharing, this system seems simple and interesting. I think the owner looking for buy when waterfall is forming from the lowest point of long running wave and vice versa as well.
  • #6
  • Oct 25, 2017 3:31pm Oct 25, 2017 3:31pm
Quoting reteid2222
{quote} I don t even have recognized that there was a trailing stop....sorry
The example at the website appeared to allow for more than 3 consecutive same-colored candles?
  • #7
  • Oct 25, 2017 4:39pm Oct 25, 2017 4:39pm
This looks interesting looking the charts..
  • #8
  • Oct 25, 2017 6:08pm Oct 25, 2017 6:08pm
I don't know what you are doing if you have not been raking great pips from news in the last 24hrs.
  • #9
  • Oct 25, 2017 8:29pm Oct 25, 2017 8:29pm
Translation of http://strategy4you.ru/strategii-for...rex-day-x.html from Google Translate

Bearish model of the Forex strategy "Day X":

1) The price forms the maximum.

2) The rollback starts down. Ideally, the candles inside this rollback should not be sharp and large, and the rollback should be moderate and systematic.

3) We are waiting for the appearance of the first white candle. From a maximum to this candle at least 2-3 candles should be formed. If at the time of the appearance of the 1st white candle the price has already gone very far in the direction of the new trend, then the efficiency of the model decreases.

4) The minimum of the white candle should be the minimum of the entire rollback.

5) At the minimum of this candlestick, a pending order sell stop is placed.

6) Stop-loss for the maximum, formed after the appearance of a white candle.

file:///C:\Users\David\AppData\Local\Temp\msohtmlclip1\01\clip_image002.png

7) If after the 1st white candle 4 more candles were formed (the color does not matter), and the warrant was never activated, then it should be deleted.

8) If after the 1st white candle the price has gone up the distance equal to this candle, then the warrant is also deleted.

9) Take-profit is equal to the distance from the first maximum (the turning point) to the minimum of the white candle deferred from the entry point.

Bullish model of "Day X":

1) The price forms a minimum.

2) Rollback starts up. Ideally, the candles inside this rollback should not be sharp and large, and the rollback should be moderate and systematic.

3) We are waiting for the appearance of the first black candle. From a minimum to this candle, at least 2-3 candles should be formed. If at the time of the appearance of the 1st black candle the price has already gone very far towards a new trend, then the efficiency of the model decreases.

4) The maximum of the white candle should be the maximum of the entire rollback.

5) A pending order buy stop is set above the maximum of this candlestick.

6) Stop-loss for the minimum formed after the appearance of the black candle.

file:///C:\Users\David\AppData\Local\Temp\msohtmlclip1\01\clip_image004.png

7) If after the 1st black candle 4 more candles were formed (the color does not matter), and the warrant was never activated, then it should be removed.

8) If after the 1st black candle price has gone up the distance equal to this candle, then the warrant is also deleted.

9) Take-profit is equal to the distance from the first minimum (the turning point) to the maximum of the black candlestick set aside from the entry point.
Good Trading to All ---- fairwind
  • #10
  • Oct 25, 2017 8:32pm Oct 25, 2017 8:32pm
Oh hell ... The pics didn't paste properly and the text lost font size. Never mind the Russian is now readable.
Good Trading to All ---- fairwind
  • #11
  • Oct 25, 2017 9:05pm Oct 25, 2017 9:05pm
Quoting fairwind
Translation of http://strategy4you.ru/strategii-for...rex-day-x.html from Google Translate Bearish model of the Forex strategy "Day X": 1) The price forms the maximum. 2) The rollback starts down. Ideally, the candles inside this rollback should not be sharp and large, and the rollback should be moderate and systematic. 3) We are waiting for the appearance of the first white candle. From a maximum to this candle at least 2-3 candles should be formed. If at the time of the appearance of the 1st white candle...

what do you mean "The price forms the maximum" ?

thanks you.
  • #12
  • Oct 26, 2017 2:56am Oct 26, 2017 2:56am
Quoting sideway
{quote} what do you mean "The price forms the maximum" ? thanks you.
The translated text is not my creation ! So I cant explain what the Russian chap means .... ??

Translated the URL with "Google Translate"
Good Trading to All ---- fairwind
  • #13
  • Oct 26, 2017 3:32am Oct 26, 2017 3:32am
Language is a barrier.!!!!!!!!!!
Science and art
  • #14
  • Oct 26, 2017 6:03am Oct 26, 2017 6:03am
Quoting sideway
{quote} what do you mean "The price forms the maximum" ? thanks you.
Means a high of several candles!
Vucking good EA coder... https://t.ly/AZjRM
  • #15
  • Oct 26, 2017 6:29am Oct 26, 2017 6:29am
Quoting aelimian
{quote} The example at the website appeared to allow for more than 3 consecutive same-colored candles?
No...they said it is possible but not effectfull like the 3 candles system...
By the way, here is the "normal" system:
https://www.liteforex.com/beginners/...trategies/226/
Vucking good EA coder... https://t.ly/AZjRM
  • #16
  • Oct 26, 2017 7:33am Oct 26, 2017 7:33am
Quoting reteid2222
{quote} No...they said it is possible but not effectfull like the 3 candles system... By the way, here is the "normal" system: https://www.liteforex.com/beginners/...trategies/226/
The Russian version says "at least, 2 or 3 candles". I didn't see where they said there is anything wrong with more than that.
  • #17
  • Oct 26, 2017 7:52am Oct 26, 2017 7:52am
Quoting billbss
{quote} The Russian version says "at least, 2 or 3 candles". I didn't see where they said there is anything wrong with more than that.
Quote
If at the time of the appearance of the first white candle the price has already gone very far in the direction of the new trend, then the effectiveness of the model is reduced.
This included more than 3 candles: More candle_> more price movement in the direction of the new trend!
Vucking good EA coder... https://t.ly/AZjRM
  • #18
  • Oct 26, 2017 8:08am Oct 26, 2017 8:08am
Quoting billbss
{quote} The Russian version says "at least, 2 or 3 candles". I didn't see where they said there is anything wrong with more than that.
++++++++++++++++++++++++++++++++

The 1st pic 2222 posted, shows 4 candles, prior to set up. There seems to be a few items up for discussion.
  • #19
  • Oct 26, 2017 8:13am Oct 26, 2017 8:13am
Quoting reteid2222
{quote} No...they said it is possible but not effectfull like the 3 candles system... By the way, here is the "normal" system: https://www.liteforex.com/beginners/...trategies/226/
++++++++++++++++++++++

Thanks for finding this. It varies from the original basic method, in post 1. However, the Profit & Stop levels (post 1) surprised me. I had anticipated those to be like the ones posted on Liteforex.
  • #20
  • Oct 26, 2017 8:18am Oct 26, 2017 8:18am
Quoting fairwind
Translation of http://strategy4you.ru/strategii-for...rex-day-x.html from Google Translate Bearish model of the Forex strategy "Day X": 1) The price forms the maximum. 2) The rollback starts down. Ideally, the candles inside this rollback should not be sharp and large, and the rollback should be moderate and systematic. 3) We are waiting for the appearance of the first white candle. From a maximum to this candle at least 2-3 candles should be formed. If at the time of the appearance of the 1st white candle...
++++++++++++++++++++++

Thanks Fairwind.

Now for the translation of the translation ( from the Department of Redundancy Department )
• Medium = Low
• Maximum = High
• "Warrant" is in reference to "Pending Orders".

These are all just my best guess. If I got anything wrong, please be gentle... lol
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