Simple Daily Trend Reversal Trading System | Page 158 | 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

  • #3,141
  • Mar 15, 2018 11:52am Mar 15, 2018 11:52am
Here's a little update from one of my personal accounts, also using this strategy on auto, and with some other manual trading in between.

As for my friends account I was helping to recover, I recovered the whole account, and handed it back to him to trade for himself. I deleted the TE as I am no longer trading on the account.

Update from post:

https://www.forexfactory.com/showthr...3#post10714033

And then:

https://www.forexfactory.com/showthr...7#post10769897

Now.......
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-03-15 at 13.36.34.png Size: 122 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #3,142
  • Mar 15, 2018 12:00pm Mar 15, 2018 12:00pm
Quoting mrdfx
I almost forgot to check, but guys we have now passed the first month of LIVE testing!
Important milestone, congratulations!
Always read Post #1
  • #3,143
  • Mar 15, 2018 12:06pm Mar 15, 2018 12:06pm
Quoting FxMadness
{quote} I opened a pepper live account (waiting for confirmation) to observe this behavior but could it be the #bars in history ? Look at the sizes in the history folder to see if PPS is possibly just scr*îng with you. If that is not the case, S&R is usually based on "time range/ price high,low" but you have to dig really deep to find the difference between demo and live. In fact you have to write (or find) a program for that.
Good thinking! If I understand correctly how ebecker's SnR works, it does look a long way back in history. So it could be that different history depth on different MT4 instances is behind the discrepancies we are seeing, even with the same broker. I know people have checked history depth and forced load, but we can never be sure what MT4 will hold on to.
Always read Post #1
  • #3,144
  • Mar 15, 2018 12:06pm Mar 15, 2018 12:06pm
@mrdfx

You are jinxing it again...... but so far

Quote
Now... looking back, and checking the past performance, do I think the strategy is perfect? No I don't, there is no such thing, but providing you follow the rules it will be profitable. There is a weakness to the strategy, and that's when a trend reversal is rejected, or when a pair is in a parabolic trend with fake reversals and continuations, then this strategy fails unfortunately, but the thing is how can one identify a fake reversal, and it is just a temporary pullback an then continuation? When this happens the trade will lose based on the...

Do not think you can prevent it but i am testing a way to get out of a bad trade faster so you are not hit with the full SL every time.
Just need some time, we have to test some bad market conditions (and they will come).
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,145
  • Mar 15, 2018 1:48pm Mar 15, 2018 1:48pm
Quoting theChamp
i think the EA has still some bugs. every time you attach this EA to chart ,it ll give different signals.yesterday i noticed there was a valid AUDJPY signal it opened trade but when i closed the trade ,removed the EA & attached it again to the same chart AUDJPY was gone,its was not even on the list .
Yeah thats the way it is supposed to work. EA won't take re-entries on closed trades within a specific time you setup
  • #3,146
  • Mar 15, 2018 2:07pm Mar 15, 2018 2:07pm
Was waiting until the 100% had been hit but hey so far so good, been enjoying being on the tail wind as probably many of the ghosts will agree, been looking over charts for for a possible solution to the faking but nothing stands out, maybe short-term short, cut the lots in half on retrace x pips, this way if the trade comes back around best case BE, worst case half loss, anyhow, it would be good to see a show of hands to EB and MRFDX in the form of liking their posts, not just for putting their neck on the line for us to follow but the whole cause, this has all been free, without malice and every twist and turn they have helped total strangers, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,147
  • Mar 15, 2018 2:24pm Mar 15, 2018 2:24pm
Quoting ebeckers
{quote} Yeah thats the way it is supposed to work. EA won't take re-entries on closed trades within a specific time you setup
While you are here, this idea (bottom line).
Attached Image (click to enlarge)
Click to Enlarge Name: totals.PNG Size: 33 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,148
  • Mar 15, 2018 2:46pm Mar 15, 2018 2:46pm
Quoting mrdfx
I almost forgot to check, but guys we have now passed the first month of LIVE testing! Man time flies hahaha. Well what can I say? Lets the results speak for themselves? +90% growth in the first month of live testing. It's been an interesting month with a few losses along the way, but overall its been pretty successful IMO. I think the strategy has proven itself, and the EA is working well, all thanks once again to ebeckers for creating this great EA to help maximize the strategy!...
Cool. I am testing it 3 monts also in profit. My goal is 6 months.then I belive stratgy be proven to work for me. so half way done
  • #3,149
  • Mar 15, 2018 2:56pm Mar 15, 2018 2:56pm
Hi guys.
GREAT thank the developers. it's a great job.
looks very reliable at this time. maybe it will be
I use a bit differently. I use the set from the creator to H4 and H1 as manual with a profit basket.
maybe basket profit is not a bad idea
the results are good now.
once again I would like to thank.
PS: It will be interesting how the deal with brokers and data will come.
  • #3,150
  • Mar 15, 2018 3:00pm Mar 15, 2018 3:00pm
Ok guys I've been getting many PM's asking my for set files which I'm using.

I did post them already, but it seems like most somehow skip past that post even though its on post 1 and here:

https://www.forexfactory.com/showthr...3#post10792643

So now I'll post them again for whoever wants to use my sets.

I really hope after this post, you guys will stop asking me for set files...
Attached File(s)
File Type: zip SDTR EA Sets.zip   2 KB | 962 downloads
Truth is like poetry. And most people f*cking hate poetry.
  • #3,151
  • Mar 15, 2018 3:20pm Mar 15, 2018 3:20pm
Quoting mrdfx
Ok guys I've been getting many PM's asking my for set files which I'm using. I did post them already, but it seems like most somehow skip past that post even though its on post 1 and here: https://www.forexfactory.com/showthr...3#post10792643 So now I'll post them again for whoever wants to use my sets. I really hope after this post, you guys will stop asking me for set files... {file}
How about dancing at my wedding?
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,152
  • Mar 15, 2018 3:23pm Mar 15, 2018 3:23pm
Hi all:
Thanks to mrdfx and ebeckers for this trading method. I have been testing on an pepperstone demo and avatrade demo account, and there are differences in prices / spreads and support/resistances like you all have been noticing.
Regarding the presets, they are set from 10 GMT+2 to 23 GMT+2 wich are from the beginning of London Session to the ending to NY Session. Do you change the time to 11 GMT+3 to 24 GMT+3 now that Pepperstone added 1 hour?
  • #3,153
  • Mar 15, 2018 3:32pm Mar 15, 2018 3:32pm
Quoting detector
{quote} How about dancing at my wedding?
Not singing ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,154
  • Mar 15, 2018 3:35pm Mar 15, 2018 3:35pm
Quoting FxMadness
{quote} Not singing ?
Got a disco!!!! lol
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,155
  • Mar 15, 2018 3:37pm Mar 15, 2018 3:37pm
Quoting detector
{quote} How about dancing at my wedding?
Nah at weddings I'm better at drinking and chasing the bridesmaids.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,156
  • Mar 15, 2018 3:39pm Mar 15, 2018 3:39pm
Quoting detector
{quote} Got a disco!!!! lol
When ? (so we can express our condolences).
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,157
  • Mar 15, 2018 3:43pm Mar 15, 2018 3:43pm
Quoting xjonasx
Hi guys. GREAT thank the developers. it's a great job. looks very reliable at this time. maybe it will be I use a bit differently. I use the set from the creator to H4 and H1 as manual with a profit basket. maybe basket profit is not a bad idea the results are good now. once again I would like to thank. PS: It will be interesting how the deal with brokers and data will come.
"Basket" already under investigation (TE: SDTR ZZ+BATCH EXIT).

Using:
Attached Image

200.0 just an example is currently 50.0

Profitfactor 5.0 R:R ~1:2.5 but way less profitable.
Only time will tell
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,158
  • Mar 15, 2018 4:07pm Mar 15, 2018 4:07pm
Quoting FxMadness
{quote} "Basket" already under investigation (TE: SDTR ZZ+BATCH EXIT). Using: {image} 200.0 just an example is currently 50.0 Profitfactor 5.0 R:R ~1:2.5 but way less profitable. Only time will tell
May have missed you out in dispatches Madness, thanks to you and anyone I missed for the efforts, just hope all who gained from this thread "like" en-mass to show appreciation, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,159
  • Edited 8:18pm Mar 15, 2018 7:29pm | Edited 8:18pm
.
  • #3,160
  • Edited 12:18am Mar 16, 2018 12:07am | Edited 12:18am
Bug? See below, just happened now, EA open 2 same order(buy AUDNZD) just now at the same time, but different SL? (one with 10000 pip SL)

Can anyone explain this?


Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD.png Size: 90 KB
1 trader viewing now