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Simple Daily Trend Reversal Trading System

  • #3,581
  • Mar 27, 2018 2:23pm Mar 27, 2018 2:23pm
Quoting FxMadness
{quote} Traders 101, "Recalculating zig/zag should never be used as a leading indicator" So........what the edge here ?
I dont use it as lead. I used it as confirmation of snr zones. When i have one I have a very probable opposite movement then i need take it from start. That is reason i force zigzag confirmation. Anyway Im searching catch movements like morning in gbp pairs because with original setup you miss many of them
Try don't lose pants never...
  • #3,582
  • Mar 27, 2018 2:24pm Mar 27, 2018 2:24pm
Quoting FxMadness
{quote} No, it doesn't Trading forex is a 24/7 game. Not 24/5 but 24/7 because you need the 24/2 to analyze what has gone wrong or right with your trades in the past /5. People who think that they can close their "laptop ?? really ?" or use the pc to look up recipes or porn sites over the weekend and start trading on Sunday again are so wrong. If you are not trading on a demo account with "make belief" money and profits it is serious business. Sorry if i do not meet the standards of "nice and polite answering" here.
Sure. But there have been many people on this thread who cant comprehend why the EA is not providing the exact same trades as TE, even with what they believe is the same settings. My experience today, is one further reason (in addition to the others that have been identified) as to why this may occur. As an fyi, the laptop wasn't "closed": it simply triggered the "sleep" setting, which of course has now been fixed. Understanding how the EA works (all aspects) is important, so I felt it was useful to share the information. Stay humble!
  • #3,583
  • Mar 27, 2018 2:27pm Mar 27, 2018 2:27pm
Quoting zeramlakireg
{quote} WARNING: This version is intended for my personal use. Use at your own risk. That being said, here is a no DLL version: Basically it is the same as the latest version - v. 1.21, except: 1.) DLL removed, including all options for News Filter since the @mrdfx dropped the newsfilter at @FxMadness' suggestion. Again, you will see no News Filter setting in this version. 2.) Added a Money Management Option "Step Lot by Balance" Here, you may set how much the lot will change per amount change in balance. Note: You have to set this as: X.XX/YYYYYY....
Well thanks for.....nothing i guess.
Does not add anything to the strategy but only remove some (already selectable news) options.
Most traders already know how do use MM.

Don't you have anything else to do ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,584
  • Mar 27, 2018 2:30pm Mar 27, 2018 2:30pm
Quoting FxMadness
{quote} Well thanks for.....nothing i guess. Does not add anything to the strategy but only remove some (already selectable news) options. Most traders already know how do use MM. Don't you have anything else to do ?
You can see from my post that I quoted the one with the dll problem, so it is intended for them. Chill out man.
  • #3,585
  • Mar 27, 2018 2:36pm Mar 27, 2018 2:36pm
About repainting with zz candles 3 if you see dashed lines ( olive color ) it only have 2 false areas. One in low above mouse cursor and one in next low between mouse cursor and snr zone. Is not a serious repaint at all
Attached Image (click to enlarge)
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Try don't lose pants never...
  • #3,586
  • Mar 27, 2018 2:47pm Mar 27, 2018 2:47pm
Hi mrdfx.
First of all, I've just found your thread, and what a great system! Thank you..
I was looking for a good reversal system, cos I've been tired of any "trend following" ones (almost always being late, hohoho).
Hope this will be my final destination in my years long journey to find a good system.

Also many thanks to ebeckers for the EA, Im starting to use it now.

Quoting mrdfx
So based on these test results, using the depth period of 40 instead of 60 the strategy was more profitable,...
I'm just being curious on one thing.. Have u tested with lower depth, like 30 or 25?
I know, lower depth means more signal showing up, and thus, more false signal will show up, too. But it also means faster entry.

So, have u done some forward test, using depth setting lower than 40?
Just wanna find the most optimal setting for the depth.

(I know I can do backward test using Strategy Tester, but the result will be far from good)
  • #3,587
  • Mar 27, 2018 2:51pm Mar 27, 2018 2:51pm
Quoting DerBerliner
{quote} Dude ! Merde ! I'm very sorry to say this: But I think you understand very well, that you are among the morons not able to read that damn post #1 !!! (I apologize for my rudeness ... but it's boring to read shitty questions like this ...)
Lets please be respectful to all members regardless of how you feel about their questions.

If I can maintain a respectful attitude despite some of the questions that get posted here, I expect the same of members who are participating in my thread. Thank you.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,588
  • Mar 27, 2018 2:55pm Mar 27, 2018 2:55pm
Quoting pakeha
{quote} But there have been many people on this thread who cant comprehend why the EA is not providing the exact same trades as TE, even with what they believe is the same settings.
/discussion end.

Read first post.

https://www.forexfactory.com/showthr...2#post10909842
Truth is like poetry. And most people f*cking hate poetry.
  • #3,589
  • Mar 27, 2018 2:58pm Mar 27, 2018 2:58pm
Quoting braintheboss
About repainting with zz candles 3 if you see dashed lines ( olive color ) it only have 2 false areas. One in low above mouse cursor and one in next low between mouse cursor and snr zone. Is not a serious repaint at all {image}
BTB nothing in your pic resembles anything regarding the original strategy. Please try to post pics relevant to the original strategy indicators so as not to confuse some members. Thank you.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,590
  • Mar 27, 2018 3:01pm Mar 27, 2018 3:01pm
Quoting immanuel77
Hi mrdfx. First of all, I've just found your thread, and what a great system! Thank you.. I was looking for a good reversal system, cos I've been tired of any "trend following" ones (almost always being late, hohoho). Hope this will be my final destination in my years long journey to find a good system. Also many thanks to ebeckers for the EA, Im starting to use it now. {quote} I'm just being curious on one thing.. Have u tested with lower depth, like 30 or 25? I know, lower depth means more signal showing up, and thus, more false signal will show...
I am currently running some comparison tests using other depth periods, but it is still too early to show any conclusive results if using lower depth period is more profitable or not.

Hopefully in another 2 weeks I'll have more conclusive data to analyze.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,591
  • Mar 27, 2018 3:06pm Mar 27, 2018 3:06pm
Quoting mrdfx
{quote} BTB nothing in your pic resembles anything regarding the original strategy. Please try to post pics relevant to the original strategy indicators so as not to confuse some members. Thank you.
Ok...
Try don't lose pants never...
  • #3,592
  • Mar 27, 2018 3:26pm Mar 27, 2018 3:26pm
Quoting zeramlakireg
{quote} Dude, don't get me wrong here. I'm in fact using the original EA from @ebeckers and @mrdfx's set file on my live account, also in Pepperstone. Nobody's telling you to use any other EA's that have been shared in this thread as they have not gone though rigorous testing like the current one. That would be suicide. But if you've read the whole thread, you'll know that: 1. There is no exit strategy given by the OP, save the pips 2. The strategy suffers from fakeouts on heavily trending market. 3. Currently, mrdfx is experimenting with a currency...
Hello boss,

It became crazy, I will stop it, I think it will attempt to kill me while I sleep.

This is not the Standard .SET or EA File, just a EA I was testing from zeramlakireg, don't be scared! (Or yes, be scared XD)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
Building a Freedom All Time Return: 5,178.8%
  • #3,593
  • Mar 27, 2018 3:38pm Mar 27, 2018 3:38pm
Quoting J1mm
{quote} Hello boss, It became crazy, I will stop it, I think it will attempt to kill me while I sleep. This is not the Standard .SET or EA File, just a EA I was testing from zeramlakireg, don't be scared! (Or yes, be scared XD) {image}
I'm guessing you did not backtest it to check if it works on your terminal. Anyway, thanks for trying. We're about to arrive port so I can access a decent internet. I'll carry out the test myself. Thanks for trying J1mm!
  • #3,594
  • Mar 27, 2018 3:50pm Mar 27, 2018 3:50pm
Quoting zeramlakireg
{quote} I'm guessing you did not backtest it to check if it works on your terminal. Anyway, thanks for trying. We're about to arrive port so I can access a decent internet. I'll carry out the test myself. Thanks for trying J1mm!
No, I was never able to backtest this EA, anyway I can tell you that kind of behaviour happened me when I opened any trade "manually" or the original EA opened a Trade, but the original EA was not affected by anything, only yours, hope it helps to find if there is any error...
Building a Freedom All Time Return: 5,178.8%
  • #3,595
  • Mar 27, 2018 4:06pm Mar 27, 2018 4:06pm
Quoting J1mm
{quote} No, I was never able to backtest this EA, anyway I can tell you that kind of behaviour happened me when I opened any trade "manually" or the original EA opened a Trade, but the original EA was not affected by anything, only yours, hope it helps to find if there is any error...
There is an error for sure. But I am not a programmer, so I will inform the one who coded this version. Thanks again for reporting it.
  • #3,596
  • Mar 27, 2018 4:08pm Mar 27, 2018 4:08pm
It is really interesting how the EA behaves on different accounts:

Newly created account + New Mt4 installation for Demoing it (just to make sure everything is configured OK before I go live next week)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 13 KB

After 3 minutes:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 22 KB


My old ugly account
Attached Image


And as mrdfx already pointed in the first page it can be caused by different things, like for example your trade history (In 1 is blank and in the other is full of shit XD)

Kind Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #3,597
  • Mar 27, 2018 4:32pm Mar 27, 2018 4:32pm
Quoting immanuel77
Hi mrdfx. First of all, I've just found your thread, and what a great system! Thank you.. I was looking for a good reversal system, cos I've been tired of any "trend following" ones (almost always being late, hohoho). Hope this will be my final destination in my years long journey to find a good system. Also many thanks to ebeckers for the EA, Im starting to use it now. {quote} I'm just being curious on one thing.. Have u tested with lower depth, like 30 or 25? I know, lower depth means more signal showing up, and thus, more false signal will show...
Reversal is much easier to trade than following trend. Sometimes price makes retracement as soon we join trend and get us out the move and then continue in the direction again
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,598
  • Mar 28, 2018 12:51am Mar 28, 2018 12:51am
Quoting 9jatrader
{quote} Reversal is much easier to trade than following trend. Sometimes price makes retracement as soon we join trend and get us out the move and then continue in the direction again
Yes. And basicly trend reversal on 4h can be trend following on weekle candle
  • #3,599
  • Mar 28, 2018 2:00am Mar 28, 2018 2:00am
When I look at the chart with all indicators in place. It seems that Trend Line indicator is not neccessary to the strategy. Every signal I check always has the Correct Trend Line. So if it does not add something extra it is not needed. Bare in mind I might have missread the first post. So every time Candle pierce thru MA15 et voila the Trend Line is correct.

This might already have been disscussed in some post then just let this comment be.
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  • #3,600
  • Mar 28, 2018 2:49am Mar 28, 2018 2:49am
Quoting mrdfx
{quote} I am currently running some comparison tests using other depth periods, but it is still too early to show any conclusive results if using lower depth period is more profitable or not. Hopefully in another 2 weeks I'll have more conclusive data to analyze.
hello today i see that gbpcadf is opened in TE..but when i see it does not loook valid signal? mr mdfx u doing some expeiment on ea in TE??
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