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Channel MA Short-Term System

  • #481
  • Nov 1, 2017 1:44pm Nov 1, 2017 1:44pm
https://charts.mql5.com/16/594/euraudi-m15-tw-corp.png
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  • #482
  • Nov 1, 2017 3:55pm Nov 1, 2017 3:55pm
the Ea have its flaws but it filters at least 80% of the good signals
TY for the killer strategy
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  • #483
  • Nov 1, 2017 4:27pm Nov 1, 2017 4:27pm
Quoting falanca
Logic is very good on the EA But İ must say that there are many bugs that can be seen on strategy tester. 1-Lot sizing option dont work. 2-Money management option dont work And eitherly Can those options be added 1-Lot increment when order type changes ,buy to sell or reverse 2-Close partially of all orders ,according to sumPL of closed and openned orders Respects
Falanca, I am doing tests now, and just today I used both features mentioned by you, and seemed to work just fine. Im using version 1.2 of the EA.
  • #484
  • Nov 1, 2017 4:42pm Nov 1, 2017 4:42pm
it take sometime trade before the cross may be that not bad
many pairs end up in +10 pips from default trailing set up and continue after
worry is if 2 trades will hit sl, it will take back all this week.
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  • #485
  • Nov 1, 2017 8:38pm Nov 1, 2017 8:38pm
Checking out Higher Time Frames.
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  • #486
  • Nov 1, 2017 9:01pm Nov 1, 2017 9:01pm
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  • #487
  • Nov 1, 2017 9:28pm Nov 1, 2017 9:28pm
Diamond

Which arrow indicator do you use with the LWMA? Thanks
  • #488
  • Edited Nov 2, 2017 7:18am Nov 1, 2017 9:52pm | Edited Nov 2, 2017 7:18am
Quoting pakeha
Diamond Which arrow indicator do you use with the LWMA? Thanks
+++++++++++++++++++

MA Crossover Alert, listed in this thread. I Use two. One for 55 Hi, and One for Low. On the Hi, I use no down color, and vice versa. That way I don't get arrows I don't need. Orange MA is 8 LWMA.

Trading the H4, I only look for signals that go beyond set up candle by at least 10 pips. That will eliminate many false signals.

I will not post anymore about this set up, in this thread, out of respect for those trying to focus on our main topic.
  • #489
  • Nov 1, 2017 11:39pm Nov 1, 2017 11:39pm
Thanks diamondbw. I have been experimenting with different values, as well. I like what I see with your setup. H4 is MUCH more convenient for me.

Green pips for everyone!
  • #490
  • Nov 2, 2017 12:59am Nov 2, 2017 12:59am
Hi and thanks for this awesome system! I just wanted to share the EA I use for money management because Im trading this manually. You can set automatic tp, sl and trailing. Awesome if your not by the computer at all times.
Attached File(s)
File Type: ex4 RoNz_Auto_SL-TS-TP.ex4   20 KB | 366 downloads
  • #491
  • Nov 2, 2017 5:30am Nov 2, 2017 5:30am
Quoting diamonddbw
{quote} +++++++++++++++++++ MA Crossover Alert, listed this thread. I Use two. One for 55 Hi, and One for Low. On the Hi, I use no down color, and vice versa. That way I don't get arrows I don't need. Orange MA is 8 LWMA. Trading the H4, I only look for signals that go beyond set up candle by at least 10 pips. That will eliminate many false signals. I will not post anymore about this set up, in this thread, out of respect for those trying to focus on our main topic.
I dont tink its bad you been posting another way of trading the same strategy cause we all diferent and things work different for each one of us so i dont mind you posting in fact i apreciate i tink that only mickey and damien can say something cause they the one having all the trouble with the thread
  • #492
  • Nov 2, 2017 6:19am Nov 2, 2017 6:19am
I've been testing some different MA parameters for the channel an signal line just to see what works. I'm testing the default settings, edited default settings, and customized parameter settings, all on the same pairs to see which is more profitable and consistent. I will say though that the default settings haven't been to great so far.
Truth is like poetry. And most people f*cking hate poetry.
  • #493
  • Nov 2, 2017 6:33am Nov 2, 2017 6:33am
DamienD, I have a request of my own, if possible, if it's not too much trouble... It was mentioned by 2 other members here, and I also like that idea a lot & would like to test it.

How about if we introduce a filter that would only take the signals in the direction of a higher timeframe signal?

Example: while the H1 chart is on a BUY signal (or price above the channel), the M15 takes only LONG trades and ignores the shorts.

This could help, because we could set larger stops for our trades (being confirmed from "above") and keep them for more pips (as they follow the overall bigger picture).

The setting could sound something like: Filter timeframe: options: H1, H4, D1. Or just higher timeframe, whatever's easier for you technically.

Do you think that's doable? Thanks man!
  • #494
  • Nov 2, 2017 6:34am Nov 2, 2017 6:34am
Also, I'd like to back up the idea of a global rule that would prevent the EA from EVER opening shorts above the channel or longs below the channel (as you suggested).
  • #495
  • Nov 2, 2017 7:02am Nov 2, 2017 7:02am
Selective manual trading result for today, right side at the right time.
Attached Images
Early bird gets the worm
  • #496
  • Nov 2, 2017 7:11am Nov 2, 2017 7:11am
Quoting MickeyMar
DamienD, I have a request of my own, if possible, if it's not too much trouble... It was mentioned by 2 other members here, and I also like that idea a lot & would like to test it. How about if we introduce a filter that would only take the signals in the direction of a higher timeframe signal? Example: while the H1 chart is on a BUY signal (or price above the channel), the M15 takes only LONG trades and ignores the shorts. This could help, because we could set larger stops for our trades (being confirmed from "above") and keep them for...
Hi MM, try filtering with 60 and 14 EMA on 4hrs, this keep with you in long term trend, i only trade in the direction 60 and 14 ema on 4hr direction. once this 2 EMA are align then i go to 15min and wait for cross of 33EMA on 55 channel or if cross already happen ill wait for price to retrace to 33 EMA by 5-10 pips.
Early bird gets the worm
  • #497
  • Nov 2, 2017 7:37am Nov 2, 2017 7:37am
The Enforcer (AKA: DD-channel-MA) pulled off a trade that lasted 25 seconds on Delayed Entry.
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  • #498
  • Nov 2, 2017 7:44am Nov 2, 2017 7:44am
Quoting mrdfx
I've been testing some different MA parameters for the channel an signal line just to see what works. I'm testing the default settings, edited default settings, and customized parameter settings, all on the same pairs to see which is more profitable and consistent. I will say though that the default settings haven't been to great so far.
++++++++++++++++++++++++++

It's always a good idea to do your own testing. I've done quite a bit myself. One of the things I'm convinced of, is that the 55 Channel is Excellent. I'm certain Mickey has done extensive testing to determine this.

Doing your own testing and experimenting is how creativity happens. Everyone has their own methods, as well as opinions. Always remember that opinions are neither right or wrong, they are simply Opinions. Use them according to your own values.
  • #499
  • Nov 2, 2017 8:01am Nov 2, 2017 8:01am
Quoting diamonddbw
The Enforcer (AKA: DD-channel-MA) pulled off a trade that lasted 25 seconds on Delayed Entry. {image}
LOL!!

My Enforcer decided to pick up GBPJPY delayed entry and was stopped out 40 pips in 3 seconds.
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  • #500
  • Nov 2, 2017 8:03am Nov 2, 2017 8:03am
There seems to be a bug in the current version of the EA. Signal line crossed below the lower channel but no sell order was opened?
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Truth is like poetry. And most people f*cking hate poetry.
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