Simple Daily Trend Reversal Trading System | Page 115 | 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

  • #2,281
  • Jan 12, 2018 12:40am Jan 12, 2018 12:40am
Quoting renkotop
{quote} @ebeckers: I got the same result as Ictrader11 has. I discussed this issue with you a few days before. Would you please be so Kind and have a look on it. Thank you, renkotop
same here.
still so far the best EA I ever saw, many thanks for all the hard work here!!
  • #2,282
  • Jan 12, 2018 1:42am Jan 12, 2018 1:42am
SMA is correct (purple line).

Period D1, Mode SMA, price closed, shift 200 (as programmed).
Attached Image (click to enlarge)
Click to Enlarge Name: smaused.PNG Size: 34 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,283
  • Jan 12, 2018 1:52am Jan 12, 2018 1:52am
Quoting FxMadness
SMA is correct (purple line). Period D1, Mode SMA, price closed, shift 200. {image}
@FXMadness: Was this a BUY or SELL order. I can not see it.
  • #2,284
  • Edited 2:45am Jan 12, 2018 2:08am | Edited 2:45am
Quoting renkotop
{quote} @FXMadness: Was this a BUY or SELL order. I can not see it.
Buy H4 @ 14:00 GMT yesterday but the sma used is D1

Inserted Code
double ima200 = iMA(symbol, PERIOD_D1, 200, 0, MODE_SMA,PRICE_CLOSE, 1);
Attached Image (click to enlarge)
Click to Enlarge Name: buyh4.png Size: 44 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,285
  • Jan 12, 2018 2:12am Jan 12, 2018 2:12am
Quoting FxMadness
{quote} Buy H4 @ 15:00 GMT yesterday but the sma used is D1 double ima200 = iMA(symbol, PERIOD_D1, 200, 0, MODE_SMA,PRICE_CLOSE, 1); {image}
@FXmadness, I think you should use SMA based on H4. Can you Show this Picture please to see if the order was correct. Thanks
  • #2,286
  • Edited 2:40am Jan 12, 2018 2:21am | Edited 2:40am
Quoting renkotop
{quote} @FXmadness, I think you should use SMA based on H4. Can you Show this Picture please to see if the order was correct. Thanks
I am not using it, just showing you how it is programmed by ebeckers.

Daily 200 sma on H4 chart (yellow line).
Attached Image (click to enlarge)
Click to Enlarge Name: dailysmah4.PNG Size: 14 KB
Attached File(s)
File Type: ex4 MovingAverage MTF.ex4   9 KB | 274 downloads
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,287
  • Jan 12, 2018 3:44am Jan 12, 2018 3:44am
Quoting hzs10
Longed AUDJPY H4 {image}
hit SL: -52pips
  • #2,288
  • Jan 12, 2018 4:16am Jan 12, 2018 4:16am
Longed GBPNZD, GBPAUD, GBPJPY H4, shorted AUDCHF H4
Attached Images
  • #2,289
  • Jan 12, 2018 4:22am Jan 12, 2018 4:22am
Quoting FxMadness
{quote} I am not using it, just showing you how it is programmed by ebeckers. Daily 200 sma on H4 chart (yellow line). {image} {file}
@FxMadness: thanks you!
  • #2,290
  • Jan 12, 2018 4:59am Jan 12, 2018 4:59am
Quoting renkotop
{quote} @FxMadness: thanks you!
Correct.. EA is using the daily SMA 200 as was suggested by the guy who came up with the idea to use the SMA 200 as an extra signal
  • #2,291
  • Jan 12, 2018 6:33am Jan 12, 2018 6:33am
Quoting ebeckers
--- TEASER of 1.19 --- Look at the screenshot.. can you spot whats different ?? Testing it now , when bugs are ironed out i hope to release it to you guys&girls in a few days {image}
@ebeckers Thanks for your hard work and dedication.

I have a couple of suggestions for the next version.

1. Stop Loss
Is it possible to have an option to set SL below a SR Line when BUY (ex: 20 pips below the value of the SR line) and above SR Line when sell?

2. Take Profit
EA will calculate value (pips) of SL and set TP based on RR setting.

3. Trailing Stop
EA will close part of position when price encounter SR line then trail the remaining position (ex: 20 pips trailing)

Thanks again!
  • #2,292
  • Jan 12, 2018 7:55am Jan 12, 2018 7:55am
Quoting zeramlakireg
{quote} @ebeckers Thanks for your hard work and dedication. I have a couple of suggestions for the next version. 1. Stop Loss Is it possible to have an option to set SL below a SR Line when BUY (ex: 20 pips below the value of the SR line) and above SR Line when sell? 2. Take Profit EA will calculate value (pips) of SL and set TP based on RR setting. 3. Trailing Stop EA will close part of position when price encounter SR line then trail the remaining position (ex: 20 pips trailing) Thanks again!
Good idea !! Like it :-)
  • #2,293
  • Edited 8:45am Jan 12, 2018 8:00am | Edited 8:45am
AMAZING2 [i gave d acct. an Xtra 100 bucks to give d EA a fightin chance ]

I did NOT use VPS = lappy was closed for 8 hrs !!! [from Now on i'll leave it Open 24/5 or use VPS]

Ebeckers + FxMadness = d Very Best traders+Programmers from my Bloved Holland aka Netherland
Attached Image (click to enlarge)
Click to Enlarge Name: amazing2.png Size: 126 KB
da n0o0b + $hit_Disturber
  • #2,294
  • Jan 12, 2018 8:41am Jan 12, 2018 8:41am
Quoting hzs10
Longed GBPNZD, GBPAUD, GBPJPY H4, shorted AUDCHF H4 {image} {image} {image} {image}
GBPNZD, GBPAUD, GBPJPY hit TP: +333pips
  • #2,295
  • Jan 12, 2018 8:48am Jan 12, 2018 8:48am
Quoting hzs10
{quote} GBPNZD, GBPAUD, GBPJPY hit TP: +333pips
How knew that the sterling would join the euro on German news...

Btw. i quit for this week (before the friday reversals).
Two days of ea entries and manual exits (this because i saw the system letting the first 100 pips slip away).
As always automated entries are alright, exits suck. H4 only change zig/zag lookback to 100.
Attached Image (click to enlarge)
Click to Enlarge Name: manualh41.PNG Size: 39 KB
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,296
  • Edited 9:12am Jan 12, 2018 8:56am | Edited 9:12am
Quoting FxMadness
{quote}As always automated entries are alright, exits suck. {image}{image}
Yeah the original strategy didn't talk much about where to exit a trade. But somehow you guys manage to find pretty good exits when trading manually ?
Would be nice to know when you manual traders decide to exit a trade
If we find some common rules we can put that in the ea for better exit strategies
  • #2,297
  • Jan 12, 2018 9:13am Jan 12, 2018 9:13am
Quoting ebeckers
{quote} Yeah the original strategy didn't talk much about where to exit. But somehow you guys manage to find pretty good exits when trading manually Would be nice to know when you manual trades decide to exit a trade If we find some common rules we can put that in the ea for better exit strategies
Two areas of concern
1. Profit leak on full auto.
2. Major DD.

That DD could have been solved by the SandR filter (we will see next week).
Profit leaks well, that is the exit.

For now i have used the notorious repainter Cycle identifier. Exit when contradict, re-enter when in agreement.
But next week i will just use a faster zigzag and the dwmranges.
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,298
  • Edited 9:55am Jan 12, 2018 9:35am | Edited 9:55am
is this NOT a good exit ? = -- TEASER of 1.19 ---

When tradin heavy lots i watch my wkly pvts + volume !
Attached Image
da n0o0b + $hit_Disturber
  • #2,299
  • Jan 12, 2018 9:36am Jan 12, 2018 9:36am
Quoting ebeckers
{quote} Yeah the original strategy didn't talk much about where to exit a trade. But somehow you guys manage to find pretty good exits when trading manually ? Would be nice to know when you manual traders decide to exit a trade If we find some common rules we can put that in the ea for better exit strategies

I use TDI for exits when manually trading other methods. Works very well on 4h and above - not sure about lower timeframes.

Attached Image (click to enlarge)
Click to Enlarge Name: tdi.JPG Size: 199 KB
Attached File(s)
File Type: ex4 TDI Red Green.ex4   16 KB | 313 downloads
Blessed is the one who takes refuge in Him.
  • #2,300
  • Jan 12, 2018 9:52am Jan 12, 2018 9:52am
@hzs10 , R u tradin live ? = TIA for ur response
da n0o0b + $hit_Disturber
2 traders viewing now