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Simple Daily Trend Reversal Trading System

  • #3,541
  • Mar 27, 2018 6:23am Mar 27, 2018 6:23am
Quoting braintheboss
{quote} You can use EAX but it will not work as you expected...
Fixed profit exit all trades.
Looks great in the beginning (tail wind) but overall didn't go anywhere.
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,542
  • Mar 27, 2018 6:27am Mar 27, 2018 6:27am
Quoting FxMadness
{quote} Fixed profit exit all trades. Looks great in the beginning (tail wind) but overall didn't go anywhere. {image}
I agree. Open a trade have a risk cost. If you cut the good when they are taking profit you are increasing the overall risk along time. Anyway thread TE shows individual closes works well. I think people is losing track about the big step is this strategy in EAs. Somebody made 100% profit in one last mont in manual?
Try don't lose pants never...
  • #3,543
  • Mar 27, 2018 6:33am Mar 27, 2018 6:33am
Quoting braintheboss
{quote} I agree. Open a trade have a risk cost. If you cut the good when they are taking profit you are increasing the overall risk along time. Anyway thread TE shows individual closes works well. I think people is losing track about the big step is this strategy in EAs. Somebody made 100% profit in one last mont in manual?
I thought he said it was in auto and manual, but mostly in auto
  • #3,544
  • Mar 27, 2018 6:35am Mar 27, 2018 6:35am
Quoting Zk2017
{quote} I thought he said it was in auto and manual, but mostly in auto
Its full auto but I asked about if somebody can make a 100% in a very hard month like this EA made it. Evidently the majority cant do it then I think people must think better the ideas before say it. Im seeing same kind of useless "ideas" as other threads... Its a cycle
Try don't lose pants never...
  • #3,545
  • Mar 27, 2018 6:53am Mar 27, 2018 6:53am
Quoting keithlim2
Is there a way to host this EA on the mt4 virtual server? It seems to be calling wininet.dll and its not allowed on the virtual server {image}
Hi Keithlim2, I have the same issue to load EA into system. Have you found a solution for wininet.dll?
  • #3,546
  • Mar 27, 2018 7:07am Mar 27, 2018 7:07am
Quoting braintheboss
{quote} I agree. Open a trade have a risk cost. If you cut the good when they are taking profit you are increasing the overall risk along time. Anyway thread TE shows individual closes works well. I think people is losing track about the big step is this strategy in EAs. Somebody made 100% profit in one last mont in manual?
Haven't seen any other non martingale, non scalping EA do this ever.
And i have seen (an build) at lot.
Attached Image
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,547
  • Mar 27, 2018 7:21am Mar 27, 2018 7:21am
Quoting jereajali
Please i need some help. Don't know where else to ask, please allow me Mrdfx. I need an EA that can monitor and close all the trade say when profit or loss is say $10. Please if you know of any, direct me to where i can download it. Thanks.
Here you go - these should do what you want
Attached File(s)
File Type: ex4 Close All OPEN orders after SET AccountLOSS EA.ex4   7 KB | 349 downloads
File Type: ex4 Close All OPEN orders after SET AccPROFIT EA.ex4   8 KB | 412 downloads
  • #3,548
  • Mar 27, 2018 7:23am Mar 27, 2018 7:23am
Quoting FxMadness
{quote} Haven't seen any other non martingale, non scalping EA do this ever. And i have seen (an build) at lot. {image}{image}
Your EA is doing specially well these days I see today you went up around 10%?

I will go live next week most probably, will share TE of course.

Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #3,549
  • Mar 27, 2018 7:29am Mar 27, 2018 7:29am
Quoting J1mm
{quote} Your EA is doing specially well these days I see today you went up around 10%? I will go live next week most probably, will share TE of course. Regards, Jimm
% always related to account size.....
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,550
  • Mar 27, 2018 8:39am Mar 27, 2018 8:39am
Quoting FxMadness
{quote} Haven't seen any other non martingale, non scalping EA do this ever. And i have seen (an build) at lot. {image}{image}
Nice bro.
Are you on full auto?
  • #3,551
  • Mar 27, 2018 8:43am Mar 27, 2018 8:43am
Quoting 9jatrader
{quote} You're doing great. What would you do if market trends strongly upward. Would you take the risk to trade the retracement short setup. Just curious.
Depending on the retractment/pullback, and if my original analysis is still on point I'd consider adding more buy positions, but not to short it, but to add on the pullbacks, so no I would not take that risk.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,552
  • Mar 27, 2018 8:43am Mar 27, 2018 8:43am
Quoting FxMadness
{quote} Haven't seen any other non martingale, non scalping EA do this ever. And i have seen (an build) at lot. {image}{image}
Neither have I!
Truth is like poetry. And most people f*cking hate poetry.
  • #3,553
  • Mar 27, 2018 8:45am Mar 27, 2018 8:45am
Quoting mrdfx
{quote} Neither have I!
Mrdfx! Here you are.
Is your TE running full auto or do you do discretionary closing too?
  • #3,554
  • Edited 2:05pm Mar 27, 2018 8:48am | Edited 2:05pm
I saw some things playing with settings.

1) MA 15 haven't effect in signals if you are using trendline ( it have logic)
2) zigzag uses 10 candles for confirms swing. In some pairs this sync with retrace and its good because entries are not far but normally your entries are far from swing

Finally im trying a fast zigzag confirmation ( only 3 candles in H1 ). Evidently is risky as capture shows but its pity miss movements like gbp today...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20180327-154324.png Size: 441 KB
Try don't lose pants never...
  • #3,555
  • Mar 27, 2018 8:49am Mar 27, 2018 8:49am
Quoting carddard
{quote} Nice bro. Are you on full auto?
No, not yet.
I had to step in to save that gbpchf trade.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,556
  • Mar 27, 2018 8:49am Mar 27, 2018 8:49am
Quoting mrdfx
{quote} Depending on the retractment/pullback, and if my original analysis is still on point I'd consider adding more buy positions, but not to short it, but to add on the pullbacks, so no I would not take that risk.

Thanks
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -60.2%
  • #3,557
  • Mar 27, 2018 8:53am Mar 27, 2018 8:53am
Ouch, wrong time and place ??
Attached Image (click to enlarge)
Click to Enlarge Name: auw.PNG Size: 18 KB

ps. That's an EA sell.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,558
  • Mar 27, 2018 9:06am Mar 27, 2018 9:06am
Quoting braintheboss
I saw some things playing with settings. 1} MA 15 haven't effect in signals if you are using trendline ( it have logic) 2) zigzag uses 10 candles for confirms swing. In some pairs this sync with retrace and its good because entries are not far but normally your entries are far from swing Finally im trying a fast zigzag confirmation ( only 3 candles in H1 ). Evidently is risky as capture shows but its pity miss movements like gbp today... {image}
MA15 just there to try to avoid wrong signals due to recalculating.

One of my tests now is using SMA5 to get an early entry (do not even yet now if the MA is needed) without trendline but looking back at the last (test 1) and last + last+1 (test 2) bar to be in the right direction. If it (they) are not the process is halted until the new H4 close starts from scratch.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,559
  • Mar 27, 2018 9:15am Mar 27, 2018 9:15am
Quoting FxMadness
{quote} MA15 just there to try to avoid wrong signals due to recalculating. One of my tests now is using SMA5 to get an early entry (do not even yet now if the MA is needed) without trendline but looking back at the last (test 1) and last + last+1 (test 2) bar to be in the right direction. If it (they) are not the process is halted until the new H4 close.
I did a fast check in code the other day and if im not wrong trendline is MA slope with lookback bars.MA 15 is crossover and my experience with crossovers are useful while you are in strong trend. But in flat moments is useless. I have my own crossover tool and i always suffered problems for some casual crosses in range.

Anyway my sentence was made after check signals enabling or disabling MA 15. At least in H1 this option not affect or if affects will be in rare cases...
Try don't lose pants never...
  • #3,560
  • Mar 27, 2018 9:58am Mar 27, 2018 9:58am
Quoting hmhmaa1983
{quote} Hi Keithlim2, I have the same issue to load EA into system. Have you found a solution for wininet.dll?
Yes. I use a virmach VPS server to run the EA 24/5
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