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Simple Daily Trend Reversal Trading System

  • #2,441
  • Jan 21, 2018 6:26am Jan 21, 2018 6:26am
Quoting Erebus
{quote} Thanks buddy, no problem, do I know you? Sure you are American, you're much too nice I was making a plain chart to use for placing the trades with, but I like it so much, I may use it as the main chart And because you are so nice, here it is -----------> easy as 1 - 2 - 3 A textbook, perfect example of 4 Hour trade MBFX would be proud of, 2 to 1 risk / reward available Enjoy {image}
Thanks for posting Erebus. Please clarify: is the value of the Timing indicator on this chart 7 or 10? Thanks.
  • #2,442
  • Jan 21, 2018 8:22am Jan 21, 2018 8:22am
Quoting neutrinox
Anyone trading this strategy live??
Yes I do. I don't think you've read the whole thread or you would have found your answer...
Truth is like poetry. And most people f*cking hate poetry.
  • #2,443
  • Jan 21, 2018 8:27am Jan 21, 2018 8:27am
Quoting mrdfx
{quote} Yes I do. I don't think you've read the whole thread or you would have found your answer...
But you do it manually, not using the EA ? Otherwise I would wonder looking at the actual TE above.
  • #2,444
  • Jan 21, 2018 8:57am Jan 21, 2018 8:57am
Quoting DerBerliner
{quote} But you do it manually, not using the EA ? Otherwise I would wonder looking at the actual TE above.
Yes for live trading, manually. Since things have developed with the creation of the EA, I am now using the EA on manual mode for the signals, then I cross check them on the chart and then decide whether to take the trade or not.

The EA on auto is still being tested, and I advise anyone who is trading the EA on auto live that they trade at their own risk. The EA is still being tested and under further development so I would suggest testing on demo only for now. I am running various tests as can be seen in the TE.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,446
  • Jan 21, 2018 9:15am Jan 21, 2018 9:15am
Quoting Erebus
{quote} Thanks buddy, no problem, do I know you? Sure you are American, you're much too nice I was making a plain chart to use for placing the trades with, but I like it so much, I may use it as the main chart And because you are so nice, here it is -----------> easy as 1 - 2 - 3 A textbook, perfect example of 4 Hour trade MBFX would be proud of, 2 to 1 risk / reward available Enjoy {image}
Very nice work my friend! Helps the noobies better understand amidst all the confusion.
  • #2,448
  • Jan 21, 2018 10:54am Jan 21, 2018 10:54am
Quoting neutrinox
So how does it feel to continue deleting and disliking posts of people on your forum when asking simple questions? Does it make you feel better about yourself? Could your ego be ever more boosted from your actions?
This has nothing to do with ego but rather respect. Your reply to my post was lacking respect, and sarcastic which I won't entertain. Your question has been answered already a few times in the thread hence my reply.

I want to maintain a healthy environment in my thread with respect, and politeness to other fellow members, and no attitude, things which you don't seem to have shown. If you can have the right attitude and lose the sarcasm then we will all be on the same page and get along. Cheers.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,450
  • Jan 21, 2018 11:32am Jan 21, 2018 11:32am
Quoting neutrinox
{quote} I agree, but if you mean what you say then you need to be following your own wishes for this forum. You can't say one thing and then turn around and do the complete opposite on the sneak. I asked a simple question, and YOU responded with sarcasm. OBVIOUSLY I already read the very first post otherwise I wouldn't know the strategy rules.....that's usually how FF works. I already know you trade live....but you intercepted my question before anyone else could answer. Everyone in this post has had the right attitude thus far but don't ruin it...
I will not turn this into a back and forth who's got the bigger balls argument. IF you had indeed read the thread like you said you did then you would have seen quite a few members here trading this strategy live, so your question was answered like I stated, and I simply told you so. The only one here with a bruised ego and being "pompous" is you. This thread has been pretty successful thus far without anyone coming here an spoiling the atmosphere, I will not entertain your attitude and if you wish to continue then I will gladly place you on ignore. End of discussion. Thanks.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,452
  • Jan 21, 2018 11:46am Jan 21, 2018 11:46am
Great that's the end of that. Lets move on.

And in other news do you guys think that with the US shutdown its going to send USD even further down? I'm expecting an even weaker USD this week, and will be looking for opportunities to sell USD and buy Gold.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,453
  • Jan 21, 2018 12:03pm Jan 21, 2018 12:03pm
Quoting mrdfx
Great that's the end of that. Lets move on. And in other news do you guys think that with the US shutdown its going to send USD even further down? I'm expecting an even weaker USD this week, and will be looking for opportunities to sell USD and buy Gold.
From the last shutdown in 2013, there really wasn't a huge effect on the price. EURUSD as example, arguably in a ranging market. You'll note after the shutdown the price increased, before returning to previous levels.

I'd be more concerned about Draghi's meeting on Thursday talking down the EURO below the 1.2000. Could push the dollar sentiment down.

Either way, I shall keep the EA's running an observe.
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  • #2,454
  • Jan 21, 2018 2:38pm Jan 21, 2018 2:38pm
Quoting johnsmith2nd
{quote} From the last shutdown in 2013, there really wasn't a huge effect on the price. EURUSD as example, arguably in a ranging market. You'll note after the shutdown the price increased, before returning to previous levels. I'd be more concerned about Draghi's meeting on Thursday talking down the EURO below the 1.2000. Could push the dollar sentiment down. Either way, I shall keep the EA's running an observe. {image}
Dollar is sliding since end 2016 and the euro is on a strong upward move.
Draghi can/will do not much about that but German coalition talks and the coming Italian elections could be interesting.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,455
  • Jan 21, 2018 4:34pm Jan 21, 2018 4:34pm
Quoting MidnightRun
{quote} Thanks for posting Erebus. Please clarify: is the value of the Timing indicator on this chart 7 or 10? Thanks.
I've got 7 which I found from first apply one of the templates; is there a debate on which is better to use, I may have missed it?

And one thing I do find annoying is when a new strategy is posted, the OP should supply all settings in written form

Sure, they give templates, but sometimes they cannot be accurate, then someone else says, use this one, can we trust it?

For instance, has the setting for the Trend Line (Slope) been confirmed as 10 / 2.0 / 3 / 0 ???

I don't recall anyone even asking about that; here is what I have

Thanks guys, have a great week

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It takes a lot for me to IGNORE you, but you can try.
  • #2,456
  • Jan 21, 2018 4:49pm Jan 21, 2018 4:49pm
I'm interested to see if this level holds in the GBPUSD or the Red arrow disappears

Good risk reward available, see the chart, but still way to early in the week for me to enter



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It takes a lot for me to IGNORE you, but you can try.
  • #2,457
  • Jan 21, 2018 11:57pm Jan 21, 2018 11:57pm
Quoting ebeckers
=== How to use a fixed SL/TP level with the EA=== This question pops up now and then, so let me explain it once and hopefully for all. If you want a fixed SL/TP then : 1) stopLossAtZigZagArrow = false 2) OrderHiddenSL = your stoploss in pips 3) TrailingMethod = UseTrailingStops 4) OrderTS1 - OrderTS4 = your take profit in pips 5) OrderTS1Trigger - OrderTS4Trigger = your take profit in pips
Hello ebeckers. I open 2 windows one for M30 and another for H1. the both using auto and SL and TP I set fixed, but in order list SL placed different. see this pict.
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  • #2,458
  • Jan 22, 2018 12:22am Jan 22, 2018 12:22am
Quoting Erebus
I'm interested to see if this level holds in the GBPUSD or the Red arrow disappears Good risk reward available, see the chart, but still way to early in the week for me to enter {image}
Really nice looking risk/reward ratio indicator. Is it possible to share it?
  • #2,459
  • Jan 22, 2018 1:50am Jan 22, 2018 1:50am
Quoting olvus
{quote} Really nice looking risk/reward ratio indicator. Is it possible to share it?
Anybody, about indicators and such on the chart, not always free, so I cannot mention here due to FF rules

That is No Commercial agenda

Willing to share information, but please PM only

For newbies or noobs, PM is Private Message

Thanks
It takes a lot for me to IGNORE you, but you can try.
  • #2,460
  • Jan 22, 2018 3:46am Jan 22, 2018 3:46am
Quoting ebeckers
=== How to use a fixed SL/TP level with the EA=== This question pops up now and then, so let me explain it once and hopefully for all. If you want a fixed SL/TP then : 1) stopLossAtZigZagArrow = false 2) OrderHiddenSL = your stoploss in pips 3) TrailingMethod = UseTrailingStops 4) OrderTS1 - OrderTS4 = your take profit in pips 5) OrderTS1Trigger - OrderTS4Trigger = your take profit in pips
Still not closed even over 15 pips profit.
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