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Simple Daily Trend Reversal Trading System

  • #2,581
  • Jan 28, 2018 10:44am Jan 28, 2018 10:44am
Quoting mrdfx
{quote} Yes the first post is updated, and nothing has changed from the original strategy.
THANK YOU BROTHER
  • #2,582
  • Jan 28, 2018 4:42pm Jan 28, 2018 4:42pm
Dear Brother MRDFX ,
can i run that ea on my rdp...and run it for 24/7 cuz am trying it with different demo account and doesn't seems to work on any broker while on rdp, but when i run it in my normal computer it works just fine? any advise would be appreciated
  • #2,583
  • Jan 28, 2018 9:06pm Jan 28, 2018 9:06pm
Quoting ebeckers
I do feel the same. The strategy seems to be (very) profitable for those who trade it manually. I do see manual traders posting TE's where they making hundreds of pips every week. So thats a very good sign! However... I'm running the EA on demo now for quite some time, and overal its just losing money. Question is.. what is causing this ? The manual traders must be doing things different then the EA. Perhaps they have different rules for entries ? or different exit strategies ? What makes you decide to take a trade, or skip it ? When do you exit...
ebeckers - I have been your EA very successfully by following the below modified (slightly) rules.

1. Enter on combination of zig zag arrow, swing zz indicator, mbfx timing turning from green to yellow (short), mbfx turn from red to yellow (long) and px close below 5 EMA.
2. Close on reverse. I.E. - a new zig zag arrow appears in opposite OR swing zz indicator in opposite direction OR change in MBFX timing turning yellow
3. I keep an eye on these indicators, often zig zag arrow is last to appear for closing a trade
4. If MBFX starts turning in opposite direction by turning yellow first, I exit and wait. If continues in the same direction i.e. goes from green to yellow to green, I re-enter in the same direction.
5. I use a TMA indicator that nanningbob provided ages ago as a secondary indicator to increase my positions in the same direction.

This is all on live account. Below are positions from tonight. I can't stress enough how important re-entry is based on MBFX. You guys have created a gem here. It needs to used and automated properly. I am still learning...

Since, I need to sleep, I'll put a stop loss on these tonight, which have been killing my trades. I need a better way to manage my trades while I sleep or not looking.
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  • #2,584
  • Jan 28, 2018 9:07pm Jan 28, 2018 9:07pm
Needless to say, there a bunch of short USD trades in the making. I am going in front of EA using the rules above, which may or may not work.
  • #2,585
  • Jan 28, 2018 9:51pm Jan 28, 2018 9:51pm
shorted AUDJPY and longed USDCAD H4
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  • #2,586
  • Jan 29, 2018 4:07am Jan 29, 2018 4:07am
Quoting Shnopse
Dear Brother MRDFX , can i run that ea on my rdp...and run it for 24/7 cuz am trying it with different demo account and doesn't seems to work on any broker while on rdp, but when i run it in my normal computer it works just fine? any advise would be appreciated
rdp?
Truth is like poetry. And most people f*cking hate poetry.
  • #2,587
  • Jan 29, 2018 4:17am Jan 29, 2018 4:17am
Quoting mrdfx
{quote} rdp?
I have seen Remote Desktop Connection
It takes a lot for me to IGNORE you, but you can try.
  • #2,588
  • Jan 29, 2018 4:23am Jan 29, 2018 4:23am
Quoting mrdfx
{quote} rdp?
Remote Desktop Protocol

Protocol use by Microsoft Remote Help.

Better switch to Teamviewer.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,589
  • Jan 29, 2018 4:28am Jan 29, 2018 4:28am
Oh my bad lol. Yes it should run on RDP no problem. Make sure you have enable auto trading and also allow DLL imports.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,590
  • Jan 29, 2018 5:31am Jan 29, 2018 5:31am
Off to a good start today for a Monday.

Could this be a turn around week for us?
Truth is like poetry. And most people f*cking hate poetry.
  • #2,591
  • Jan 29, 2018 5:39am Jan 29, 2018 5:39am
[quote = mrdfx; 10717923] Để có một khởi đầu tốt hôm nay cho một Thứ Hai. Liệu điều này có thể xoay quanh tuần đối với chúng ta? [/Trích dẫn]
Thank you very much, I have a lot of losses, after the method of your friend has made an unexpected profit, this method has eliminated his psychological, once again thank you, I will co Along with this pica, you would like to share the enthusiasm for people to learn together
  • #2,592
  • Edited 6:17am Jan 29, 2018 5:56am | Edited 6:17am
Quoting mrdfx
Off to a good start today for a Monday. Could this be a turn around week for us?
I already bailed out.
Most trades are short eur, more short gbp hence little long usd.

Will be surprised if they make it to the end of the day.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,593
  • Jan 29, 2018 8:04am Jan 29, 2018 8:04am
Took a 20 pip ride down E/G...now just waiting to see what happens.
  • #2,594
  • Jan 29, 2018 8:49am Jan 29, 2018 8:49am
Quoting lctrader11
Took a 20 pip ride down E/G...now just waiting to see what happens.
Good job lctrader. My USD trades from last night materializing. As mrdfx said, let's hope it's a better week of trading.
  • #2,595
  • Jan 29, 2018 9:01am Jan 29, 2018 9:01am
NO Trading signal for the last 24 hours based on 4hours time frame is that normal?
  • #2,596
  • Jan 29, 2018 9:08am Jan 29, 2018 9:08am
Quoting lctrader11
Took a 20 pip ride down E/G...now just waiting to see what happens.
If I was "properly" funded, I would be done for the day...One and Done! But, alas, I am not quite there yet.
Will keep looking and waiting for the alerts to come in, and then take a look. Not quite ready to put this EA on full auto.
  • #2,597
  • Jan 29, 2018 9:12am Jan 29, 2018 9:12am
eurusd could be a good short for some time.
Although, be careful to short the eur.
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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,598
  • Jan 29, 2018 9:18am Jan 29, 2018 9:18am
EUR Index appears undecided, but the DXY is definitely on its way down = "watch carefully" as you said.
  • #2,599
  • Jan 29, 2018 9:19am Jan 29, 2018 9:19am
I like to see green text!!!!
Just to confirm with others, the only signal I got today, was Short - EURUSD, is that on par with others?
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  • #2,600
  • Jan 29, 2018 9:22am Jan 29, 2018 9:22am
Quoting johnsmith2nd
I like to see green text!!!! Just to confirm with others, the only signal I got today, was Short - EURUSD, is that on par with others? {image}
Not with me.
Did not get any "fresh" signal today. Had to do with re-confirming and entering the ones from last week.
I can calculate the movement of stars, but not the madness of men. Isaac N.
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