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Simple Daily Trend Reversal Trading System

  • #921
  • Dec 7, 2017 12:46pm Dec 7, 2017 12:46pm
Quoting mrdfx
Today is a slow day, not many good set ups, but it's fine we can't expect everyday to be great trading days lol.
All money gone to BTC lol
  • #922
  • Dec 7, 2017 12:48pm Dec 7, 2017 12:48pm
A question:

if i stay fixed on H4 graph in autotrade mode, the MT4 open position only on H4 or also on H1? what i mean is: it open trades indipendently from the graph open or it dipends on the graph open?

i have this doubt because i was on H4 graph, i switched to H1 and it arrived to me old signal on H1.....

Thanks to everybody from this beautful communty!!

P.
  • #923
  • Dec 7, 2017 12:50pm Dec 7, 2017 12:50pm
Quoting russian30
As I'm not around or trading tomorrow I figured I'd post my end of week update early.....so here it is {image} {image} Fingers crossed for next week all
did you use auto trade of Ebeckers or only manual ? Only on H4 or also H1? yout MM law?

Congratulations, great job buddy !!
  • #924
  • Dec 7, 2017 1:35pm Dec 7, 2017 1:35pm
Quoting paolo7
{quote} did you use auto trade of Ebeckers or only manual ? Only on H4 or also H1? yout MM law? Congratulations, great job buddy !!
I used ebeckers dashboard for signals but only manual trading. 4hr only.
  • #925
  • Dec 7, 2017 2:40pm Dec 7, 2017 2:40pm
Quoting ficibald
{quote} All money gone to BTC lol
You should buy on a retrace, not on top.
  • #926
  • Dec 7, 2017 3:03pm Dec 7, 2017 3:03pm
shame you can still download it though ! hasn't been disabled at all !
  • #927
  • Dec 7, 2017 3:47pm Dec 7, 2017 3:47pm
Quoting russian30
As I'm not around or trading tomorrow I figured I'd post my end of week update early.....so here it is {image} {image} Fingers crossed for next week all
Great trading!.
  • #928
  • Dec 7, 2017 3:49pm Dec 7, 2017 3:49pm
Quoting mrdfx
{quote} Is the pic of the EA also H4? Your charts are H4 but I can't see the time frame of the EA if it is also on H4. It definitely should not be like this as the SMA has been tested successfully on the EA.
You were right. Thanks for the help. Although I took successful trade based on this last night, made 90 pips on pairs related to NZ.
  • #929
  • Dec 7, 2017 4:12pm Dec 7, 2017 4:12pm
Quoting mbrown
{quote} I LOVE JUSTICE! {image}
Hahahahaha made my day.

I guess Twee agreed with me.
Truth is like poetry. And most people f*cking hate poetry.
  • #930
  • Dec 7, 2017 5:23pm Dec 7, 2017 5:23pm
Quoting mrdfx
So I was browsing the trading systems, and found another thread from a member (he's been put on ignore) who has taken my strategy, made some changes and is passing it off as his own. Wow do people really do that? Find a strategy here on FF, then make some changes and then make a new thread to share their strategy which wasn't their strategy to begin with? Lol.. The guy was very original.
Thanks to mrdfx by your strategy, I found a better way for trading. Hence, I named the strategy name and present it to my friends under "mrDFX".
Once again, thank you and other help to improve the original version.
  • #931
  • Edited Dec 8, 2017 1:17am Dec 7, 2017 8:30pm | Edited Dec 8, 2017 1:17am
This is the second manual trade i have taken, I too a EUR/NZD same time i took this trade but i have closed it now. 2/2 so far guys, with a 2-1 risk-reward ratio...great stuff

--Update...3:43 GMT - EUR/NZD trade i mentioned i took earlier....now am resuming the trend as i took a 1hr entry following the 4hr downwards trend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 89 KB
Click to Enlarge Name: Screenshot1.png Size: 112 KB
Click to Enlarge Name: Screenshot3.png Size: 160 KB
  • #932
  • Dec 7, 2017 10:04pm Dec 7, 2017 10:04pm
Quoting russian30
As I'm not around or trading tomorrow I figured I'd post my end of week update early.....so here it is {image} {image} Fingers crossed for next week all
Great result, thanks for sharing!
  • #933
  • Dec 8, 2017 12:47am Dec 8, 2017 12:47am
Quoting majamivice
{quote} You should buy on a retrace, not on top.
seriously,I dont know that
  • #934
  • Dec 8, 2017 1:27am Dec 8, 2017 1:27am
Quoting mrdfx
So I was browsing the trading systems, and found another thread from a member (he's been put on ignore) who has taken my strategy, made some changes and is passing it off as his own. Wow do people really do that? Find a strategy here on FF, then make some changes and then make a new thread to share their strategy which wasn't their strategy to begin with? Lol.. The guy was very original.
Don't know the guy and i dont care about any fights anyone has with with this guy.
But what i do know is that the strategy we are talking about in this thread is failing during long up/down trends.
I showed this to mrdfx and it happens because of the repainting zigzag arrows. A good example is when you backtest eurusd jan-feb 2017 on H4.
In that period you would not made any money on this pair if you followed the strategy blindly
Now i'm not saying that the strategy is no good. It is and i love it, and knowing its weaknesses only makes it better
However there is always room for improvement, so if people say they found a way to improve it then i get interested :-)
So lets forget about the fight with 'aimstrader' some people have.
I'm far more interested if some one did actually look at his proposed changes and found out if it improves the strategy or not ?
  • #935
  • Dec 8, 2017 3:01am Dec 8, 2017 3:01am
im new to this and you've probably answered this already but is there any way of just setting a 2 to 1 TP/SL ratio that you can see on the screen, so you can easily see and cancel a trade if its going the wrong way. no trailing stop,,,that way you only need a 45 to 50% win ratio and still be in profit, this system at the moment is more than capable of that!!....thankyou mrdfx and ebeckers for all your hard work ..
  • #936
  • Dec 8, 2017 3:04am Dec 8, 2017 3:04am
Quoting ebeckers
{quote} Don't know the guy and i dont care about any fights anyone has with with this guy. But what i do know is that the strategy we are talking about in this thread is failing during long up/down trends. I showed this to mrdfx and it happens because of the repainting zigzag arrows. A good example is when you backtest eurusd jan-feb 2017 on H4. In that period you would not made any money on this pair if you followed the strategy blindly Now i'm not saying that the strategy is no good. It is and i love it, and knowing its weaknesses only makes it...
I agree with you EBECKERS ..though this stratagy is amazing and gives amazing results there is always scope and chance for improvement as you mentioned about " repainting zigzag arrows " etc ....we can keep the original stratagy intact and still try to improve we can also use the following logic . ONLY A SUGGESTION
Attached Images
  • #937
  • Dec 8, 2017 3:25am Dec 8, 2017 3:25am
Quoting ebeckers
{quote} Don't know the guy and i dont care about any fights anyone has with with this guy. But what i do know is that the strategy we are talking about in this thread is failing during long up/down trends. I showed this to mrdfx and it happens because of the repainting zigzag arrows. A good example is when you backtest eurusd jan-feb 2017 on H4. In that period you would not made any money on this pair if you followed the strategy blindly Now i'm not saying that the strategy is no good. It is and i love it, and knowing its weaknesses only makes it...
Have you considered my offer? (post 766 and 769)
  • #938
  • Dec 8, 2017 3:54am Dec 8, 2017 3:54am
Quoting ebeckers
{quote} Don't know the guy and i dont care about any fights anyone has with with this guy. But what i do know is that the strategy we are talking about in this thread is failing during long up/down trends. I showed this to mrdfx and it happens because of the repainting zigzag arrows. A good example is when you backtest eurusd jan-feb 2017 on H4. In that period you would not made any money on this pair if you followed the strategy blindly Now i'm not saying that the strategy is no good. It is and i love it, and knowing its weaknesses only makes it...
Watch system much. Love a lot. EA MQL4, can we have? Decompile permission?
  • #939
  • Dec 8, 2017 4:19am Dec 8, 2017 4:19am
I trade the daily time frame , don't see as many opportunities but I do act on them when all things line up as per the original rules
  • #940
  • Dec 8, 2017 4:24am Dec 8, 2017 4:24am
Quoting ebeckers
{quote} Don't know the guy and i dont care about any fights anyone has with with this guy. But what i do know is that the strategy we are talking about in this thread is failing during long up/down trends. I showed this to mrdfx and it happens because of the repainting zigzag arrows. A good example is when you backtest eurusd jan-feb 2017 on H4. In that period you would not made any money on this pair if you followed the strategy blindly Now i'm not saying that the strategy is no good. It is and i love it, and knowing its weaknesses only makes it...
Great work! I love to watch the success you guys are having.

I agree, it is great to change a system to make it work better. I don't know any system creator or coder who would be happy to have their indies or EAs decompiled without permission because this crosses the line of system improvement. So it is easy to understand if mrdfx was a little put out by having his indies (in other words, months perhaps years of accumulated hard work) decompiled and it is easy for us (who are financially benefiting from his hard work) to tacitly support decompiling copyright infringement because we are not the ones who spent a very long time developing it.

Keep up the great work!
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