Simple Daily Trend Reversal Trading System | Page 96 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

Day Trading system - Simple system to make money 51 replies

Vince's Simple REVERSAL Strategy on Daily Chart... 8 replies

Simple, Profitable BB Reversal System: 25 replies

Simple Daily Trend System 14 replies

Attachments: Simple Daily Trend Reversal Trading System
Exit Attachments

Simple Daily Trend Reversal Trading System

  • #1,901
  • Jan 2, 2018 9:14am Jan 2, 2018 9:14am
Quoting hzs10
longed GBPCHF H4 {image}
I, too, am long in GBPCHF, entered one hour ago, about the same time as you. It's been up and down, now about break even. It all looks good.
  • #1,902
  • Jan 2, 2018 9:17am Jan 2, 2018 9:17am
would it be useful to have an option on the EA where it only allows a single trade per zigzag arrow, preventing re entries?
  • #1,903
  • Jan 2, 2018 9:19am Jan 2, 2018 9:19am
Quoting hzs10
{quote} so you ignored the news filter? set it as false?
Yes I am not using the news filter. Please read #1256.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,904
  • Jan 2, 2018 9:22am Jan 2, 2018 9:22am
Quoting bgntrs
would it be useful to have an option on the EA where it only allows a single trade per zigzag arrow, preventing re entries?
I think that is a very good idea !
  • #1,905
  • Jan 2, 2018 9:22am Jan 2, 2018 9:22am
Quoting mrdfx
Hello guys, so the festivities and overindulgence are over and its back to work. I loaded up my platforms and I got these 3 signals. Lets see how it goes on another slow week ahead. Sell - AUDJPY Buy - EURCAD Buy - GBPCAD {image}
All trades are running in profit except EURCAD which is -48 pips already.

Also GBPCHF - buy is active and in profit.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,906
  • Jan 2, 2018 9:32am Jan 2, 2018 9:32am
Ignore my earlier question - figured it out.

Great system, have been following with great interest!
  • #1,907
  • Jan 2, 2018 9:47am Jan 2, 2018 9:47am
Quoting freedom48
Here the bad example, the re-enter wipe-out all your nice pips...Between 2 trades minutes parameter can save your life..)) maybe...I am going to make some sport before dinner, running running running. This will give a light to my little brain.{image} {image}
I dont like this signal due a weekly resistance
  • #1,908
  • Jan 2, 2018 9:47am Jan 2, 2018 9:47am
Quoting mrdfx
{quote} Yes I am not using the news filter. Please read #1256.
ok, thanks thanks!
  • #1,909
  • Jan 2, 2018 9:55am Jan 2, 2018 9:55am
Quoting mrdfx
{quote} All trades are running in profit except EURCAD which is -48 pips already. Also GBPCHF - buy is active and in profit.
I noticed everyone is talking about GBPCHF long trade but there was no signal for the trade in the EA.
I'm I missing something?
  • #1,910
  • Jan 2, 2018 10:20am Jan 2, 2018 10:20am
Quoting khogghai
{quote} I noticed everyone is talking about GBPCHF long trade but there was no signal for the trade in the EA. I'm I missing something?
mine didn't trigger either
  • #1,911
  • Jan 2, 2018 10:21am Jan 2, 2018 10:21am
Quoting bgntrs
{quote} mine didn't trigger either
could happen and depends on your broker. Some brokers have different charts since they close the days at different hours
and some might have big gaps since new year
  • #1,912
  • Jan 2, 2018 10:22am Jan 2, 2018 10:22am
Quoting khogghai
{quote} I noticed everyone is talking about GBPCHF long trade but there was no signal for the trade in the EA. I'm I missing something?
Check with your broker what time did they open after the holiday, and do they close the day at the end of NY session?

These can be the reasons for some differences in signals as its been discussed previously.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-01-02 at 14.21.03.png Size: 97 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #1,913
  • Jan 2, 2018 10:45am Jan 2, 2018 10:45am
Quoting bgntrs
would it be useful to have an option on the EA where it only allows a single trade per zigzag arrow, preventing re entries?
@ebeckers, I think this would be a potentially good option. One trader per zigzag, or 'NoTradeUntilNextArrow' option. Prevent re-entries that have lost momentum and potentially entering the reversal stage. I think this would be a good addition to the minutes.
  • #1,914
  • Jan 2, 2018 10:50am Jan 2, 2018 10:50am
My v2 strategy which has SMA200 to true, and stoplossatzigzag=true
The other setting i've changed is 'candles to look back for confirmation - zigzagcandles=50'
Running since 27th December.
Attached Image
  • #1,915
  • Jan 2, 2018 10:56am Jan 2, 2018 10:56am
Quoting mrdfx
{quote} All trades are running in profit except EURCAD which is -48 pips already. Also GBPCHF - buy is active and in profit.
I don´t understand that : I´d entered that trade Friday at 1.5045 and closed it a few hours ago at 1.5130, with a very nice profit of 85 pips !
  • #1,916
  • Jan 2, 2018 10:58am Jan 2, 2018 10:58am
Quoting mrdfx
EA test preset files: I have attached a zip file with the preset files which I am using for the EA test which can be followed by the TE linked to this thread. The set files are as follows: SIMPLE EA H4 - Set file for H4 using modified TS settings. SIMPLE EA H4 2 - Set file for H4 using no TS setting and TP at next new opposite arrow. SIMPLE EA D1 - Set file for D1 using modified TS settings. SIMPLE EA D1 2 - Set file for H4 using no TS setting and TP at next new opposite arrow. You guys can test and try my preset files and make your own adjustments...
Can I just confirm for your 'SIMPLE EA H4 - Set file for H4 using modified TS settings' you've got stoplossatzigzag at true, and orderhiddenSL=50.

Does this mean if zigzagarrow comes BEFORE the TP or SL values, it gets closed?
  • #1,917
  • Jan 2, 2018 11:14am Jan 2, 2018 11:14am
Quoting mrdfx
{quote} Check with your broker what time did they open after the holiday, and do they close the day at the end of NY session? These can be the reasons for some differences in signals as its been discussed previously. {image}
My broker uses New York close and it also opened at 5pm EST yesterday night.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 82 KB
  • #1,918
  • Jan 2, 2018 11:18am Jan 2, 2018 11:18am
Quoting parsifal23
{quote} I don´t understand that : I´d entered that trade Friday at 1.5045 and closed it a few hours ago at 1.5130, with a very nice profit of 85 pips !
Are you referring to EURCAD? That trade was opened earlier today. The previous EURCAD trade was closed in profit, and as the signal was still valid on the dash the EA opened a new trade.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,919
  • Jan 2, 2018 11:21am Jan 2, 2018 11:21am
Quoting johnsmith2nd
{quote} Can I just confirm for your 'SIMPLE EA H4 - Set file for H4 using modified TS settings' you've got stoplossatzigzag at true, and orderhiddenSL=50. Does this mean if zigzagarrow comes BEFORE the TP or SL values, it gets closed?
You can use one or the other not both together, so I am using SL at zig zag, I am not using the hidden SL setting.

If you set SL ar zig zag to false then the EA will use the hidden SL.

I think ebeckers is working on combining the 2 so they can be used together, it could work.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,920
  • Jan 2, 2018 11:24am Jan 2, 2018 11:24am
Quoting mrdfx
{quote} Are you referring to EURCAD? That trade was opened earlier today. The previous EURCAD trade was closed in profit, and as the signal was still valid on the dash the EA opened a new trade.
Yes. EUR/CAD: Now I got it, thanks for the explanation !
I´m trading ONLY manually
0 traders viewing now