Forex 10 Bar Strategy | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

3 Bar Fractal with mid-bar and bar on each side 11 replies

Inside bar or outside bar identifier 7 replies

Pin bar, pin bar, pin bar 0 replies

1 bar in 1H chart = how many bar in 5min chart? 3 replies

Last Bar/Life Bar 0 replies

Attachments: Forex 10 Bar Strategy
Exit Attachments

Forex 10 Bar Strategy

  • #81
  • Jan 28, 2018 2:09pm Jan 28, 2018 2:09pm
Quoting Zondervan
Hi morne72 Yes looks all good. Just remember for a buy signal - the "actual" number has to be above 5 AND above the expected number And for a sell signal - the "actual" number has to be below 5 AND below the expected number The pair missing is CADJPY, the formula is (x-10)*-1 - 5 + y = n Try coding it into a spreadsheet and then check it against my spreadsheet. When working out the bullish bars just use the close value from the previous candle and the close of the current candle. Sometimes a candle looks bullish e.g the close is higher than the...

Sorry for the noob question

The expected number you work out with the following formula
x + 5 - y = n
x - 5 + y = n

How do you work out or get the actual number ?
  • #82
  • Jan 28, 2018 5:24pm Jan 28, 2018 5:24pm
Quoting morne72
{quote} Sorry for the noob question The expected number you work out with the following formula x + 5 - y = n x - 5 + y = n How do you work out or get the actual number ?
The calculation for the actual number is by manually counting the number of bullish bars in each currency pair. So it is time consuming!

I use the close value of each candle to give a true bullish bar. In the example below the first candle of the day closed up from it's open. But you will see that it still closed lower than the close of the previous candle. So I don't count the first candle as bullish.

In this example the answer is 5 bullish candles from the first 10 candles (not 6)
Attached Image
  • #83
  • Jan 29, 2018 2:16am Jan 29, 2018 2:16am
Today's trades

Buy GBPJPY
Buy GBPNZD
Buy AUDJPY
Buy AUDNZD

Filtered out Sell EURCAD, Buy EURNZD, Buy GBPAUD, Sell NZDCAD
Attached Image (click to enlarge)
Click to Enlarge Name: Forex10bar_excel.png Size: 45 KB
  • #84
  • Jan 29, 2018 3:45am Jan 29, 2018 3:45am
Quoting Zondervan
Today's trades Buy GBPJPY Buy GBPNZD Buy AUDJPY Buy AUDNZD Filtered out Sell EURCAD, Buy EURNZD, Buy GBPAUD, Sell NZDCAD {image}
What is your reasons for filtering out the trades ?
  • #85
  • Jan 29, 2018 4:28am Jan 29, 2018 4:28am
Quoting morne72
{quote} What is your reasons for filtering out the trades ?
Regarding filtering trades, this is still a work in progress. But for the moment, I filter out trades that trade against themselves. e.g there doesn't seem to be a lot of point buying and selling same currency. I also have been using EURGBP and XXXJPY pairs as filters as well. If the trade goes against what their numbers are saying I don't take the trade. What I look for is for the numbers to tell a consistent story. e.g strong GBP and a weak NZD and AUD or something like that.
  • #86
  • Jan 29, 2018 5:30pm Jan 29, 2018 5:30pm
Quoting Zondervan
Today's trades Buy GBPJPY Buy GBPNZD Buy AUDJPY Buy AUDNZD Filtered out Sell EURCAD, Buy EURNZD, Buy GBPAUD, Sell NZDCAD {image}
Results from today's trade - not too good!

GBPJPY -57 pips
GBPNZD -68 pips
AUDJPY 11 pips
AUDNZD 14 pips

TOTAL -100 pips
  • #87
  • Jan 30, 2018 12:46am Jan 30, 2018 12:46am
Here my 2 cents: manual bt, quite poor results. In the last third a better slope helps, but ...
Best to you, Paolo
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD2017-10BARS.png Size: 13 KB
  • #88
  • Jan 30, 2018 2:45am Jan 30, 2018 2:45am
Quoting paoloprimus
Here my 2 cents: manual bt, quite poor results. In the last third a better slope helps, but ... Best to you, Paolo {image}
Hi paoloprimus, thanks for the effort. Is this only for AUDCAD?
  • #89
  • Jan 30, 2018 2:50am Jan 30, 2018 2:50am
Today's trades -manual system. (tomorrow will try out the EAX PIN)

Buy EURGBP
Buy EURAUD
Sell GBPCAD
Sell GBPNZD
Sell AUDCAD

Filtered out-
Buy EURCAD
Sell EURNZD
Buy GBPAUD
  • #90
  • Jan 30, 2018 11:09am Jan 30, 2018 11:09am
Ouch not a good day at all for the strategy. Hopefully the rest of the week will turn around.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-01-30 at 15.07.35.png Size: 320 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #91
  • Jan 30, 2018 12:20pm Jan 30, 2018 12:20pm
Quoting mrdfx
Ouch not a good day at all for the strategy. Hopefully the rest of the week will turn around. {image}
Not a good day at all. The strategy definitely got GBP pairs wrong! I will download the dashboard and PIN today and start using that from now on. I am also playing around with different ways to filter trades. Will let you know if I find something useful. Perhaps even filtering 'red' news like jagzuk might be a start.
  • #92
  • Jan 30, 2018 8:55pm Jan 30, 2018 8:55pm
Quoting Zondervan
Today's trades -manual system. (tomorrow will try out the EAX PIN) Buy EURGBP Buy EURAUD Sell GBPCAD Sell GBPNZD Sell AUDCAD Filtered out- Buy EURCAD Sell EURNZD Buy GBPAUD
Worst day ever with the system!!

EURGBP -63 pips
EURAUD -18 pips
GBPCAD -136 pips
GBPNZD -83 pips
AUDCAD -18 pips

TOTAL -318 pips
  • #93
  • Jan 31, 2018 2:29am Jan 31, 2018 2:29am
OK so I tried my best to set up the EAX and 10 bar strategy PIN. However I must have done something wrong as nothing happened!
So could someone please help me?? I have taken a screen shot of the dashboard and the indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: forexPIN10bar.png Size: 96 KB
  • #94
  • Jan 31, 2018 2:34am Jan 31, 2018 2:34am
OK so the trades today based on the spreadsheet are..

Buy EURGBP
Buy EURJPY
Buy EURCAD
Sell GBPAUD
Sell GBPNZD
Buy AUDJPY
Buy NZDJPY
Buy NZDCAD

Filtered out..
Sell EURAUD
Sell EURNZD
  • #95
  • Jan 31, 2018 2:35am Jan 31, 2018 2:35am
Quoting Zondervan
OK so I tried my best to set up the EAX and 10 bar strategy PIN. However I must have done something wrong as nothing happened! So could someone please help me?? I have taken a screen shot of the dashboard and the indicator. {image}
did you run the script for pulling history data...
  • #96
  • Jan 31, 2018 3:25am Jan 31, 2018 3:25am
Quoting Zondervan
OK so I tried my best to set up the EAX and 10 bar strategy PIN. However I must have done something wrong as nothing happened! So could someone please help me?? I have taken a screen shot of the dashboard and the indicator. {image}
Nothing obviously wrong in the screenshot. First thing to check is if the Dash is running.
If you click the [L] next to any symbol, it should open a long trade. If that fails, it means the dash has not initialized.
Always read Post #1
  • #97
  • Jan 31, 2018 3:28am Jan 31, 2018 3:28am
Quoting jagzuk
{quote} Nothing obviously wrong in the screenshot. First thing to check is if the Dash is running. If you click the [L] next to any symbol, it should open a long trade. If that fails, it means the dash has not initialized.
Hi jagzuk, I pushed [L] to open a long trade and nothing happened. No long trade was executed
  • #98
  • Edited 3:54am Jan 31, 2018 3:42am | Edited 3:54am
Quoting Zondervan
{quote} Hi jagzuk, I pushed [L] to open a long trade and nothing happened. No long trade was executed
The screen shot shows that the time to open has not been reached as yet, you have open time at 8:04 and Local is 21:25.
EAX works on Local time NOT London time.
When EAX is open the Gold coloured time will change to Green
See below for example:
Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: 310118_Progressive.png Size: 128 KB
When you are successful perhaps give a thought to others ... Kiva dot org
  • #99
  • Jan 31, 2018 3:57am Jan 31, 2018 3:57am
Quoting PayItForward
{quote} The screen shot shows that the time to open has not been reached as yet, you have open time at 8:04 and Local is 21:25. EAX works on Local time NOT London time. When EAX is open the Gold coloured time will change to Green See below for example: {image}
My Broker time for London Open is 10:00

My local time for London Open is 21:00 (I live in New Zealand)

I thought I set the EA to start using my Broker Time??
  • #100
  • Edited 4:14am Jan 31, 2018 4:01am | Edited 4:14am
Quoting Zondervan
{quote} My Broker time for London Open is 10:00 My local time for London Open is 21:00 (I live in New Zealand) I thought I set the EA to start using my Broker Time??
EAX works on Local time.
I live Gold Coast Australia.
I am GMT +10
You are GMT +13
London opens for me 18:00 Local
London Opens for you 21:00 Local (Auckland?) and you wait 5 mins so it would be 21:05.
So you need to set you times as below:
Attached Image (click to enlarge)
Click to Enlarge Name: Zondervan_Times.png Size: 20 KB

All care taken but no responsibility across the ditch
When you are successful perhaps give a thought to others ... Kiva dot org
0 traders viewing now