Simple Daily Trend Reversal Trading System

Hi
Please post this Indicator
Thanks

Should probably add gold & silver to XAUUSD XAGUSD

Currently experimenting on H1, H4 & D1..just got my first ever margin call coz too many trades open!

I am using EA to give entry signals rather than using in Auto mode.

I think what would work really well is a custom trade manager to manage the trades. I have a whole collection of them but none are really fully suited. I am using Quick trailing but its not perfectly suited.

Trade manager in my opinion should:

1. automaticaly create SL at arrow - or defined no of pips away from it
2. move to break even on defined SL:TP Ratio (i use 1:1)
3. trail profit based on either fixed no of pips / %of SL or % of ADR
4. possibly option to take a % of profit at resistance levels - I use Tz Pivots and 00-levels, after passing the defined ratio.

I am not a programmer just wondering if anyone wants to take the challenge if the team think its a good idea.
we could then work out the best exit strategy in a systematic way.

Here you are.

-------7

banked 4pos. @TP1 , remain 3 goes to TP2 @88817

hi there , thanks to peole ho share this , i have been playng whit this and coded a Ea for mt5 platform im still finish some details in money managment but results are start appear, of course i will share EA once finished.
i have some doubts and i have been looking for a better way to exit on profit , i have not dowloaded the ea for mt4 so i am coding this from zero , i have read the first post and based on that i am coding this , the indicators have been recoded to mt5 and the timming indicator im using a free version of mql5 forum.
let me share some results in EURUSD




now , testing i have see and please correct me if im wrong , is possible to control the take profit whit the trnd line , lets say we are in a buy , i have detected once trend line are blue the trend are good direction once they change from blue to red they change the trend direction and is time to close in that profit.
Well i ahve already coded this , but im not expert coder in mql5 language in fact is my first code in this language lol ,
problem is that they close too early , even if i try to detect , some times the trend line changes color for some seconds and this trigger my closet ransaction function.
if some one have some idea how can be done this , i think is the last step to make this profitable . I have added a light martingale function if we enter in a fake signal , also have added a equity protection , so you can determine how much % of your equity will be on game

The market is so so quite.

anyone else put a USD CHF SELL @ approx 0.99246?

Confirmed on both 4h and 1h

USDJPY

Ahhamidz,

Looks perfect! Which TF did you use?
Thank for reply, renkotop

The same strategy ( Simple Daily Trend Reversal Trading System ) . But the entry point. Time 15 or less

one trade loss 4 trade win............
lose trade not this style it's day trade setup

USD/JPY 4HR short. Not happening now, BUT, something to keep an eye on.

Wow, great trading!.

uj daily weekly bullish my idea 114.50


sametime me to wrong trade yourself

thank you pasto

Hey MasterChief, I'm a big fan of TDI...have been using for several years now. I would be interested in how you're incorporating that into this EA. And thanks for the 15M feedback....I had been wondering about what parameters to use on that TF to achieve the same higher TF results; obviously they could not be the same parameters. So, I guess I'll let that one go.

First of all i would like to thanks mrdfx for sharing this system and ebecker for converting the system into EA.
i started running the system on live account since friday after NFP. at the same time im running it on demo as well.
so far it has missed one trade on live EURGBP but otherwise all trades are normal.

this screen shot shows total trades done since friday



below results are from demo

USDCHF