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Simple Daily Trend Reversal Trading System

  • #1,061
  • Dec 12, 2017 3:12am Dec 12, 2017 3:12am
A strong potential buy may develop on the gold (XAUUSD) 4h chart. I think it may be one to watch

Attached Image (click to enlarge)
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  • #1,062
  • Dec 12, 2017 3:39am Dec 12, 2017 3:39am
Buy Signal/sell Signal is coming very late. What Needs to be done that signals come earlier?
  • #1,063
  • Dec 12, 2017 3:49am Dec 12, 2017 3:49am
Quoting renkotop
Buy Signal/sell Signal is coming very late. What Needs to be done that signals come earlier?
You can just use zigzag arrow it could be early. But wins will be less than 10%
  • #1,064
  • Dec 12, 2017 4:46am Dec 12, 2017 4:46am
Quoting renkotop
Need Help! May anybody please let me know which files I have to put in where? Thanks and regards, renkotop
You must install the dashboard into your experts folder on MT4, and the indicators into your indicators folder on MT4.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,065
  • Dec 12, 2017 4:47am Dec 12, 2017 4:47am
Quoting abhi254
has anyone received any email from the "alert = True" option from the EA 114 version ?
There is no email alert function with the current EA, only a pop up alert.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,066
  • Dec 12, 2017 4:49am Dec 12, 2017 4:49am
Quoting whiteeclipse
Sorry, maybe this is a silly question. SimpleDailyTrendReversal_v114.ex4 is that the dashboard or the ea trader? If this is a ea trader, can it be turned off so that it would not place any trades but will show the dashboard for signals?
The dashboard is the EA is the dashboard, one and the same.

You can set allow trading = false and send alerts = true, that way you can trade the dashboard manually.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,067
  • Dec 12, 2017 5:17am Dec 12, 2017 5:17am
Quoting luvene
{quote} Thanks my friend! It looks very interesting. One question, what is the difference between Stoploss and True Stoploss and Target Profit and True Take Profit?
Stoploss is visible to broker and true stoploss is hidden. It's the same for take profit.
  • #1,068
  • Dec 12, 2017 5:37am Dec 12, 2017 5:37am
there will be a news in 30mins. should we close the opening trade now?
  • #1,069
  • Dec 12, 2017 5:47am Dec 12, 2017 5:47am
Quoting renkotop
Buy Signal/sell Signal is coming very late. What Needs to be done that signals come earlier?
How do you mean the signal is coming very late?

Is the trade being opened delayed by the dash or something else?
Truth is like poetry. And most people f*cking hate poetry.
  • #1,070
  • Dec 12, 2017 6:02am Dec 12, 2017 6:02am
Quoting liunliun
there will be a news in 30mins. should we close the opening trade now?
Trading off the H4 or daily, in my experience not needed even for red news, excepting NFP, bank rates or speeches by Draghi or other figures. These can produce wild swings, erratic moves which will throw any system out the window.
Best regards, Zef
  • #1,071
  • Dec 12, 2017 6:11am Dec 12, 2017 6:11am
Quoting liunliun
there will be a news in 30mins. should we close the opening trade now?
I don't see any news happening today that would warrant you to close a trade. Perhaps when Draghi speaks later you can set a SL to protect any trades that might be affected.

Tomorrow is a big day fundamentally and a day to trade cautiously.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,072
  • Dec 12, 2017 6:28am Dec 12, 2017 6:28am
are they correct trades?
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  • #1,073
  • Dec 12, 2017 6:34am Dec 12, 2017 6:34am
Quoting liunliun
are they correct trades? {image} {image}

yes

usually we put SL Above or Below Zigzag Arrow
  • #1,074
  • Dec 12, 2017 7:05am Dec 12, 2017 7:05am
Quoting alhalawi
{quote} yes usually we put SL Above or Below Zigzag Arrow
once i short the market will go to north.
once i long the market will go south.
...
  • #1,075
  • Dec 12, 2017 8:27am Dec 12, 2017 8:27am
I took EU long trade yesterday on H4 according to the rule, I hope.

It's going south very fast atm. My stop loss are below the zig arrow @ 1.1700.
Let's hope it'll turn around before that.
Attached Image (click to enlarge)
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  • #1,076
  • Dec 12, 2017 8:31am Dec 12, 2017 8:31am
@Erwin , hoe gaat het met u ?!?
da n0o0b + $hit_Disturber
  • #1,077
  • Dec 12, 2017 9:06am Dec 12, 2017 9:06am
Quoting longtrader
{quote} uj daily weekly bullish my idea 114.50 sametime me to wrong trade yourself {image}

pesto remember you usdjpy 1st entry 2pip losse
Attached Image
  • #1,078
  • Dec 12, 2017 10:01am Dec 12, 2017 10:01am
[quote = liunliun; 10583013] являются ли они правильными сделками? {image} {image} [/ quote]
No signals for sell and buy
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  • #1,079
  • Dec 12, 2017 10:03am Dec 12, 2017 10:03am
Quoting Monty13
I took EU long trade yesterday on H4 according to the rule, I hope. It's going south very fast atm. My stop loss are below the zig arrow @ 1.1700. Let's hope it'll turn around before that. {image}
Rate decision tomorrow. Can move substantially either way....
  • #1,080
  • Dec 12, 2017 10:17am Dec 12, 2017 10:17am
Quoting liunliun
{quote} once i short the market will go to north. once i long the market will go south. ...
you might be right !

tell me when you go long and ill go short,split the profits with you.
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