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Simple Daily Trend Reversal Trading System

  • #3,221
  • Mar 19, 2018 9:39am Mar 19, 2018 9:39am
Quoting mrdfx
{quote} FxMadness can you elaborate more on this? Which line of code should be edited and edited to what?
Don't worry, Erwin will get it and decide if it is even relevant or not.

More relevant is how did you get that UJ buy twice in a row ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,222
  • Mar 19, 2018 10:11am Mar 19, 2018 10:11am
Quoting FxMadness
{quote} Don't worry, Erwin will get it and decide if it is even relevant or not. More relevant is how did you get that UJ buy twice in a row ?
Was an error from my side. Not even sure why UJ opened as its not even near being a valid signal. I did ask Erwin about that as in the original rules it should not have been valid.

I was playing with the EA, and checking some stuff and somehow when I refreshed the EA it opened additional orders on CJ and EJ, and strangely enough it only did that on one chart, the other chart did not open additional orders. Can't say exactly for sure what happened and why, but I think its best I don't touch the EA again lol.

Another thing I picked up is that the news filter did not kick on today. According to the FFCal today there is a red news event, G20 ALL. So if this red news event is for all currencies then according to the settings no orders should have opened today as I have the news filter active? The only thing I can think of why it did not work is cos there is no specific time for the event, it just says DAY1, but no specific time.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,223
  • Mar 19, 2018 10:15am Mar 19, 2018 10:15am
Hi, to all, nice EA, start to make some test.
It is posible with this Ea to put tp in money? i mean target for exemple 5 dol. lot size for trading 0.1?
i try to do it with RR module but, it have just a few parametres..
way need this?
for exemple to use EA in m15,m30 or H1... tp 5$, lot size 0.1 per pip. sl 50 pips... well all depend what tf are used.
quiq tp, will permit to have every day a lot of oportunites for enteres, for take profit and run from market..
sure there will be losses to, but if to put the right time for trading(momentum), litle sl, and quiq tp, Ea can be transformer in a skalper mashine too.
  • #3,224
  • Mar 19, 2018 10:28am Mar 19, 2018 10:28am
Quoting ebeckers
{quote} Scan H4 for possible setups, when spotted you can wait until everything aligns on H4. This is the safest, but sometimes you enter pretty late. When i see a setup emerging on H4 i watch H1 like a hawk for confirmation. If confirmed on H1 then confirmation on H4 will follow most of the times (not always) Like USDCAD atm.. setup is perfect, except price did not yet close above SMA on H4. You could wait for this to happen, but that might take 3-4 more hours But if you look at H1 you see that there setup has been confirmed for 3 hrs already {image}...
Here is another strategy.
Scan H4 for potential setup.
Monitor H1. If all criteria except SMA cross and closed, check m15. Look at m15 where the swing bar on the H1 is. Watch m15 from there AND watch H1 and H4. As m15 bars close and you see a retracement forming (that may not be deep enough to look like a retracement on H1), wait for m15 and H1 to return to the trend direction and the entire setup confirmation. However, if you see that m15 is NOT going into a retracement, if less than 5 bars have closed on the H1 (count starting with the swing bar), then immediately enter if all of the indicators on H1 are a go or even if H1 has not yet closed beyond the SMA.
To free Gazans of Hamas, use whatever it takes.
  • #3,225
  • Mar 19, 2018 11:50am Mar 19, 2018 11:50am
Quoting Patso
alhalawi - No, I changed my SMA to an 8 period (personal preference). Gets me in a littler earlier. :0)
So that means if you are watching setups on the H1, your SMA8 is like looking at the SMA16 of the m30 chart.

If you are watching setups on the H4, your SMA8 is like looking at the SMA16 of the H2 chart.

If you add the SMA4, then when you are looking at H1, look for SMA4 to cross SMA16 in the OPPOSITE direction of the H1 trend. Then when SMA4 crosses SMA16 back to the trend direction of the H1, you should either have a setup or are close to one.
To free Gazans of Hamas, use whatever it takes.
  • #3,226
  • Mar 19, 2018 2:44pm Mar 19, 2018 2:44pm
Is this weird? the demo did nothing and the live make all the trades. (with same setting), anyone?

Attached Image (click to enlarge)
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  • #3,227
  • Mar 19, 2018 3:04pm Mar 19, 2018 3:04pm
Is it possible to have the source code for the EA?
  • #3,228
  • Mar 19, 2018 3:21pm Mar 19, 2018 3:21pm
Quoting SamFx79
Is it possible to have the source code for the EA?
post 974
  • #3,229
  • Mar 19, 2018 3:48pm Mar 19, 2018 3:48pm
I think there is a problem with the EA...

Same MT4, same server 2 different "windows" with 2 presets, the only difference between them is the money management part, one took the EURJPY and the other didn't.
I can see in your TE that you took it on both, you have 3 EURJPY trades in fact and we took it at same time... What may be happening?
Building a Freedom All Time Return: 5,178.8%
  • #3,230
  • Mar 19, 2018 3:49pm Mar 19, 2018 3:49pm
Quoting cfudge
{quote} post 974
Thanks, which version is this one? and is there is a source code for the latest version?
  • #3,231
  • Mar 19, 2018 4:43pm Mar 19, 2018 4:43pm
Quoting SamFx79
Is it possible to have the source code for the EA?
You could go to the nearly forgotten thread "Pinbar trader EA" - in the first post of that thread ebeckers put out the link to his HP: look this

(The code of any new EA Version you will find at this HP - btw it would be good to have this "GitHub" link here in this thread in post #1 ?)

Source code:
Want to get involved ? you can find all source code for this (and my other ea's & indicators) on GitHub
https://github.com/erwin-beckers/SimpleTrendReversalEA
  • #3,232
  • Mar 19, 2018 5:37pm Mar 19, 2018 5:37pm
Quoting SamFx79
Is it possible to have the source code for the EA?
How about contributing instead of just taking?
Truth is like poetry. And most people f*cking hate poetry.
  • #3,233
  • Mar 19, 2018 7:08pm Mar 19, 2018 7:08pm
Quoting benjaminyaon
Is this weird? the demo did nothing and the live make all the trades. (with same setting), anyone? {image}
Just an idea - is the demo account and the live account the same time? All brokers do not have the same time.
Please excuse the bad English via Google Translate.
  • #3,234
  • Mar 19, 2018 8:31pm Mar 19, 2018 8:31pm
Quoting dokopy
{quote} Just an idea - is the demo account and the live account the same time? All brokers do not have the same time.
That might be why. Thank you !
  • #3,235
  • Mar 19, 2018 10:08pm Mar 19, 2018 10:08pm
if i was a coder,i would have help here in coding ,getting the bug fix.

i want to ask everyone those are using it on Live & demo,despite of getting different signals are you guys in PROFIT? because in the end this is all what it matters?
  • #3,236
  • Mar 19, 2018 11:45pm Mar 19, 2018 11:45pm
I don't care it give different signal, as long as it make green pips, it's oke.
Learning by doing
  • #3,237
  • Edited Mar 20, 2018 12:18am Mar 19, 2018 11:47pm | Edited Mar 20, 2018 12:18am
Quoting theChamp
if i was a coder,i would have help here in coding ,getting the bug fix. i want to ask everyone those are using it on Live & demo,despite of getting different signals are you guys in PROFIT? because in the end this is all what it matters?
actually it's not the dashboard fault that's not a bug, my experience with many of dashboard here (dingdong fibo, dash triplegap, dash power meter, dashboard eax, tms dash, ccfp dash, cmsm dash, etc) will give you different result even with the same same EA/indi, same setting, same broker but with different server, because each server has different timezone, different tick data.
unless our mt4 feed not from broker but directly to liquidity provider that give us 99% quality data.
we can't use the same set. file as mrdfx, his setting was adapted to his broker. use it as reference file.
Adapt, improvise, overcome !
"Hope" is dangerous word in trading, trade what you see not what you hope!
  • #3,238
  • Mar 19, 2018 11:54pm Mar 19, 2018 11:54pm
First night running this strat on a Tradersway Demo acct through my Virmach VPS. Opened two trades. EJ closed out at 30 pip profit due to trailing lock. We'll see how the rest of the week plays out...thanks again to everyone who is contributing to this thread. This seems like you guys are on to something good here. Trade safe and green pips to you all!
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  • #3,239
  • Mar 20, 2018 12:38am Mar 20, 2018 12:38am
My Trade Explorer IC Markets Demo $400 GMT +3

I started this yesterday since today i switched to 2nd set file. news filter currently turned off.

https://www.forexfactory.com/suneth2/09
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Failure is not failure if you learn from it...
  • #3,240
  • Mar 20, 2018 1:08am Mar 20, 2018 1:08am
Quoting mrdfx
{quote} How about contributing instead of just taking?
Thank you very much for your reply, this is what I am trying to do, I am trying to find out a way to fix that EA open some trades on one account and not the other despite of being on the same broker and same server. if I am successful for sure I will share
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