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Simple Daily Trend Reversal Trading System

  • #1,401
  • Dec 21, 2017 2:13am Dec 21, 2017 2:13am
Quoting renkotop
{image} Question: what do I need to do to see the "Trend Reversal EA" in the Chart?
@ Renktop, i do not know if you are refering to me...any way it happened again, while i was swithcing beetween time frame windows H4 D1 it auto close a trade opened 5 min before i attach the trade log and the graph

thanks for the help .

have a great day dear friends!!
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  • #1,402
  • Dec 21, 2017 3:45am Dec 21, 2017 3:45am
Quoting friska
{quote} Hi pipinfrank, I use classic way: price zones, R:R or some time murraymath. standard support resistance with good RR like this stndard{image} murray{image} ongoing update {image}
Thank you Friska.
  • #1,403
  • Dec 21, 2017 3:48am Dec 21, 2017 3:48am
Quoting paolo7
{quote} @ Renktop, i do not know if you are refering to me...any way it happened again, while i was swithcing beetween time frame windows H4 D1 it auto close a trade opened 5 min before i attach the trade log and the graph thanks for the help . have a great day dear friends!! {image} {image}

Dont change time frames with an open trade. open a new chart for the pair or use a separate PC screen
  • #1,404
  • Dec 21, 2017 3:55am Dec 21, 2017 3:55am
Quoting pamc
{quote} Dont change time frames with an open trade. open a new chart for the pair or use a separate PC screen
Thanks for the advice! i did not know it could happen.

best

p.
  • #1,405
  • Dec 21, 2017 4:23am Dec 21, 2017 4:23am
Quoting hzs10
closed euraud and gbpchf- +104pips today total 200pips in currently still running +100pips
Do you closed your trade when the opposite arrow appear? Whats your exit strategy? Do you allow EA to close the trade or you do it manually?
  • #1,406
  • Dec 21, 2017 4:32am Dec 21, 2017 4:32am
@Ebeckers

sorry guys but i think there is some bug on ver 1.15 on the the last feature on trade timer in my opinion:

still happen the autoclose pos even without manual swithc of Time frame window, just doing nothing

1) i have open a trade and without swithcing the time frame the EA close it if are negative
there is no stop loss( i have ZIG ZAG SL and the arrow did not change)

IN my opinion the proble it due to the new feature "minbeetween2tradesonsamepairs" .
As the timer reset i do not why it close 1 or 2 negative position.

I checked all parameter ( news setting is off, TS is off , ZIGZAG Sl is working)

the ver. 1.14 works fine, i go back to ver. 1.14

Here the trade negative auto closed...

Thanks again
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  • #1,407
  • Dec 21, 2017 4:33am Dec 21, 2017 4:33am
Quoting pipinfrank
{quote} Do you closed your trade when the opposite arrow appear? Whats your exit strategy? Do you allow EA to close the trade or you do it manually?
all my trades are manual only H4. i use the EA for signal. i look for the recent major resistance (if long) or support (if short). can consider for RR 2:1 if trend trading. if counter trend aim for 1:1 or min. 50pips
  • #1,408
  • Dec 21, 2017 4:36am Dec 21, 2017 4:36am
can someone explain what's going on here. there is no signal for a sell on nzdcad but it's opened a trade there. also this is not the first time it's done it.
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  • #1,409
  • Dec 21, 2017 4:38am Dec 21, 2017 4:38am
[quote=hzs10;10611969]{quote} all my trades are manual only H4. i use the EA for signal. i look for the recent major resistance (if long) or support (if short). can consider for RR 2:1 if trend trading. if counter trend aim for 1:1 or min. 50pips[/quo

Thanks Hzs 10
  • #1,410
  • Dec 21, 2017 6:45am Dec 21, 2017 6:45am
Perfect operation by placing the SL on the ZIGZAG arrow opposite the entry operation.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH4.png Size: 39 KB
  • #1,411
  • Dec 21, 2017 6:49am Dec 21, 2017 6:49am
Quoting renkotop
{image} Question: what do I need to do to see the "Trend Reversal EA" in the Chart?
Load it on the chart? Allow auto trade?
Truth is like poetry. And most people f*cking hate poetry.
  • #1,412
  • Dec 21, 2017 7:25am Dec 21, 2017 7:25am
signal forming on EURCAD?
  • #1,413
  • Dec 21, 2017 7:27am Dec 21, 2017 7:27am
CADCHF hit TP +53pips, exited usdcad with +60pips

total plus this morning +210pips. left with 1 eurusd trade and audcad trade
  • #1,414
  • Dec 21, 2017 7:45am Dec 21, 2017 7:45am
Quoting hzs10
CADCHF hit TP +53pips, exited usdcad with +60pips total plus this morning +210pips. left with 1 eurusd trade and audcad trade
Nicely done, yes CAD news paid nicely today.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,415
  • Dec 21, 2017 7:49am Dec 21, 2017 7:49am
CHF/JPY trying to set up for a 4HR short. Something to keep an eye on.
Attached Image (click to enlarge)
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  • #1,416
  • Dec 21, 2017 8:08am Dec 21, 2017 8:08am
shorted CHFJPY H4
Attached Image
  • #1,417
  • Dec 21, 2017 8:31am Dec 21, 2017 8:31am
I also opened short on CHFJPY and closed AUDCAD for +60 pips.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,418
  • Dec 21, 2017 8:34am Dec 21, 2017 8:34am
Quoting gabbie2010
signal forming on EURCAD?
EURCAD is not a valid signal according to the strategy as the MBFX was not overbought at the time of the sell arrow. When there is a new arrow the MBFX needs to be in OB or OS zone to be valid.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,419
  • Dec 21, 2017 8:41am Dec 21, 2017 8:41am
Wow, great system. read through the thread and took a trade on cadchf, it worked out fine. thanks
  • #1,420
  • Dec 21, 2017 9:01am Dec 21, 2017 9:01am
It gives me a sale in AAAFX.
Attached Image (click to enlarge)
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