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Simple Daily Trend Reversal Trading System

  • #3,721
  • Apr 2, 2018 5:24am Apr 2, 2018 5:24am
Hi All,

I want to thank mrdfx and ebeckers for the wonder strategy and EA.

I am currently testing out the latest version of the EA 1.23.

I must first confess I'm still in the midst of reading the thread (till page 120) so I'm not familiar with the latest developments.

However, I would like to share one issue I faced with the EA while opening orders. I have attached a screenshot of the experts log for ebeckers to take a look. I looked at the code and it's mainly the code calculating lot size that it couldn't find a switch case that the pair falls into. I believe the reason is due to my account currency and the inability to find the cross pair to calculate the conversion of currency.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 203 KB
  • #3,722
  • Apr 2, 2018 6:41am Apr 2, 2018 6:41am
Quoting fanatics
Hi All, I want to thank mrdfx and ebeckers for the wonder strategy and EA. I am currently testing out the latest version of the EA 1.23. I must first confess I'm still in the midst of reading the thread (till page 120) so I'm not familiar with the latest developments. However, I would like to share one issue I faced with the EA while opening orders. I have attached a screenshot of the experts log for ebeckers to take a look. I looked at the code and it's mainly the code calculating lot size that it couldn't find a switch case that the pair falls...
Where did you find v 1.23? For as far I know the latest version is 1.21 and member disp22 updated this version to 1.22 which I use now. Tell me, where did you find that v1.23?
Keep it simple without too many crappy indicators!
  • #3,723
  • Edited 7:30am Apr 2, 2018 7:14am | Edited 7:30am
[quote=luvene;10926983, ...settings 8 - 20.58. This means London time trading from 8 AM. ...quote]

Hi giovane.
Some MT4 of mine are GMT+1 as well so I believe London opens at our 10 o'clock. Or even at 9 if you count english traders to start at their 8 (and if you trade their H4 timeframe you should do so). Isn'it?
I will not give your shared stuff to anybody else. Only just mine.
  • #3,724
  • Apr 2, 2018 8:49am Apr 2, 2018 8:49am
SDTR Daily TF with Trailing Stop test

I mentioned I set up a demo acct to test the SDTR strategy on the Daily TF in Post # 3663. I revised the parameters based on Mrdfx's critique of Stefdek's .set file. My revised .set file is attached to this post. I also created a Trade Explorer so interested readers can monitor performance. I used a 250 pip SL & Trailing Stop trade mgmt & my goal is to just let it run.

My broker's charts are set to GMT = 0 so there are 6 daily candles per week (Sun 21:00 - 24:00).

I do not have a VPS and the EA hides trailing stop parameters from the broker so actual results will depend on times the acct. is running on my home computer.

It may take a few months to see how it works.
Attached File(s)
File Type: txt Mrdfx SDTR Daily TS..txt   2 KB | 334 downloads
  • #3,725
  • Apr 2, 2018 9:35am Apr 2, 2018 9:35am
Quoting luvene
{quote}Where did you find v 1.23? For as far I know the latest version is 1.21 and member disp22 updated this version to 1.22 which I use now. Tell me, where did you find that v1.23?
I downloaded it from ebeckers' github
  • #3,726
  • Apr 2, 2018 11:01am Apr 2, 2018 11:01am
Did not want to give up on that cadjpy that according to the mrdfx system SL should have been stopped out a while ago.
Low volume markets could sometimes work in your favor because the pairs were just moving (strength wise) along for way to long.
One or the other way they had to burst.
Attached Image (click to enlarge)
Click to Enlarge Name: finally.PNG Size: 124 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,727
  • Apr 2, 2018 12:16pm Apr 2, 2018 12:16pm
Quoting FxMadness
Did not want to give up on that cadjpy that according to the mrdfx system SL should have been stopped out a while ago. Low volume markets could sometimes work in your favor because the pairs were just moving (strength wise) along for way to long. One or the other way they had to burst. {image}
Hi Fxm , I am glad your ´Grid me Out´ approach of cadjpy DD was ended today... nice clean charts with TTM dashboard. Thumb up for the lesson.
  • #3,728
  • Apr 2, 2018 1:15pm Apr 2, 2018 1:15pm
Guys I think I've asked politely on more than 1 occasion that if you post pics that they are relevant to the strategy.

Seeing as this is quite a difficult task for some of you to adhere to, from now on I'll just have to block your posts or if I have to, permanently remove you from my thread.

I don't think I'm asking for too much when all you need to do is stick to the strategy from post 1?

Seeing as this thread has grown in popularity and we have more newcomers who find reading a difficult task, I will have to be a bit more strict in keeping things in order. If that is to harsh for you then please feel free to spend your time on the 100's of other threads posted. Thank you.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,729
  • Apr 2, 2018 1:25pm Apr 2, 2018 1:25pm
Quoting mrdfx
Guys I think I've asked politely on more than 1 occasion that if you post pics that they are relevant to the strategy. Seeing as this is quite a difficult task for some of you to adhere to, from now on I'll just have to block your posts or if I have to, permanently remove you from my thread. I don't think I'm asking for too much when all you need to do is stick to the strategy from post 1? Seeing as this thread has grown in popularity and we have more newcomers who find reading a difficult task, I will have to be a bit more strict in keeping things...
I really hope you do not mean me....
If you do i can proof with a lot of images that it was your & ebeckers system that took the trades but that i only used some additional indicators to not follow the EA (and that is you) Stoploss but to trade through the DD.

Pics show mrbfx timing, zigzag and ........, o wait that's it.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,730
  • Apr 2, 2018 1:31pm Apr 2, 2018 1:31pm
Quoting FxMadness
{quote} I really hope you do not mean me.... If you do i can proof with a lot of images that it was your & ebeckers system that took the trades but that i only used some additional indicators to not follow the EA (and that is you) Stoploss but to trade through the DD. Pics show mrbfx timing, zigzag and ........, o wait that's it.
Mrdfx was for sure addressing "beethoven" which is totally deaf..lol , to the 1st and 2nd call already done past posts ....
  • #3,731
  • Apr 2, 2018 1:41pm Apr 2, 2018 1:41pm
News from D1 Strategy ....well JPY rally totally turned trades upside-down , I guess that 2 or 3 SL will be hit today.
I have 6 pairs rolling this currency

But it is part of the game and strategy, I have to stuck at it.There will be wins ....there will be loss.

BTW, if a SL is hit , this will (should) be because price reached the pointer of the ZigZag , the ZigZig will then "repaint" a little higher ( or lower) , then mbfx, ma 15 , trendline , will align again at a certain time , and it will re-enter AGAIN in the same direction for another attempt , another run.

As R:R is now set to 1:5 ...
I have called this screenshot "black monday" ...lol.
Attached Image (click to enlarge)
Click to Enlarge Name: mrdfx on D1 black monday on jpy.png Size: 90 KB
  • #3,732
  • Apr 2, 2018 1:51pm Apr 2, 2018 1:51pm
Quoting stefdek
News from D1 Strategy ....well JPY rally totally turned trades upside-down , I guess that 2 or 3 SL will be hit today. I have 6 pairs rolling this currency But it is part of the game and strategy, I have to stuck at it.There will be wins ....there will be loss. BTW, if a SL is hit , this will (should) be because price reached the pointer of the ZigZag , the ZigZig will then "repaint" a little higher ( or lower) , then mbfx, ma 15 , trendline , will align again at a certain time , and it will re-enter AGAIN in the same direction for another attempt...
Ouch.

But D1 is about profit taking and not "let it run until i can buy a yacht" Just kidding.

There is no exit strategy to this strategy except SL and TP so......
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,733
  • Apr 2, 2018 1:54pm Apr 2, 2018 1:54pm
Quote
BTW, if a SL is hit , this will (should) be because price reached the pointer of the ZigZag , the ZigZig will then "repaint" a little higher ( or lower) , then mbfx, ma 15 , trendline , will align again at a certain time , and it will re-enter AGAIN in the same direction for another attempt , another run.
Stefdek, no it won't.
If you leave your history tab show to "All history" the EA will never enter a trade in the same direction as the previous one.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,734
  • Apr 2, 2018 1:55pm Apr 2, 2018 1:55pm
Hi to all,
I feel obliged to thank mrdfx and all those who contribute to this and many other interesting threads on FF. For now my contribution, unfortunately, is = 0 because I have recently started to approach the world of forex and are in the study phase.
However I am testing this strategy on 3 TF: 1H 4H 1D with different settings and I will keep you updated on the results.
For now again thank you all.
Regards
  • #3,735
  • Apr 2, 2018 2:28pm Apr 2, 2018 2:28pm
Quoting FxMadness
{quote} Stefdek, no it won't. If you leave your history tab show to "All history" the EA will never enter a trade in the same direction as the previous one.
But D1 is about profit taking and not "let it run until i can buy a yacht" Why not ?

"just kidding" is not necessary (to be added for me) , as I am from same region like u , about the same sense of humour ( sarcasm, laughing about oneself, 2nd degree jokes , etc...)

There is no exit strategy to this strategy except SL and TP, ok , but as far as I understood SL is at the pointer of the zigzag that gave the original signal , right ?

Stefdek, no it won't. : Even when set to allow re-entry on the same pair ??
  • #3,736
  • Apr 2, 2018 2:46pm Apr 2, 2018 2:46pm
Quoting mrdfx
Guys I think I've asked politely on more than 1 occasion that if you post pics that they are relevant to the strategy. Seeing as this is quite a difficult task for some of you to adhere to, from now on I'll just have to block your posts or if I have to, permanently remove you from my thread. I don't think I'm asking for too much when all you need to do is stick to the strategy from post 1? Seeing as this thread has grown in popularity and we have more newcomers who find reading a difficult task, I will have to be a bit more strict in keeping things...
Good call
  • #3,737
  • Apr 2, 2018 2:57pm Apr 2, 2018 2:57pm
Quoting FxMadness
{quote} I really hope you do not mean me.... If you do i can proof with a lot of images that it was your & ebeckers system that took the trades but that i only used some additional indicators to not follow the EA (and that is you) Stoploss but to trade through the DD. Pics show mrbfx timing, zigzag and ........, o wait that's it.
No not you man, you're behaving yourself this time for a change.
Truth is like poetry. And most people f*cking hate poetry.
  • #3,738
  • Apr 3, 2018 4:55am Apr 3, 2018 4:55am
A question about the dashboard. The Trend column is for "Trend line"-indicator aka Slope-indicator? Or is it for 200MA filter? I am asking because I have not got any USDMXN trade going (and I fine what that) but I am trying to understand if EA acts as per the original rules or by something else.

I have attached my dashboard and USDMXN chart. Let's see if I have got this right. v1.21 and the official setfile is used, all from the first post.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Forex.jpg Size: 285 KB
Click to Enlarge Name: Forex2.jpg Size: 274 KB
  • #3,739
  • Apr 3, 2018 6:26am Apr 3, 2018 6:26am
Quoting Sandberg
A question about the dashboard. The Trend column is for "Trend line"-indicator aka Slope-indicator? Or is it for 200MA filter? I am asking because I have not got any USDMXN trade going (and I fine what that) but I am trying to understand if EA acts as per the original rules or by something else. I have attached my dashboard and USDMXN chart. Let's see if I have got this right. v1.21 and the official setfile is used, all from the first post. {image} {image}
Hi Sandberg,

Trendline column is definitly for Trendline Indi ONLY. You can set SMA200 filter True , so you will have ANOTHER column.
About USDMXN trade "missing", thanks for sharing the chart, so this is easy to see that at the time price crossed MA15 AND Tradeline for a BUY signal , the
Mbfx Indi was in the overbought zone ( it has to be < 70) , thus unactivated on your dashboard.
With the latest price of screenshot , you can see that current price already "re-crossed" trendline down , and this is why Trendline column on USDMXN is now back to GREY. And the EA is doing its job just fine...
  • #3,740
  • Apr 3, 2018 10:29am Apr 3, 2018 10:29am
Quoting Pip Bull
SDTR Daily TF with Trailing Stop test I mentioned I set up a demo acct to test the SDTR strategy on the Daily TF in Post # 3663. I revised the parameters based on Mrdfx's critique of Stefdek's .set file. My revised .set file is attached to this post. I also created a Trade Explorer so interested readers can monitor performance. I used a 250 pip SL & Trailing Stop trade mgmt & my goal is to just let it run. My broker's charts are set to GMT = 0 so there are 6 daily candles per week (Sun 21:00 - 24:00). I do not have a VPS and the EA hides trailing...
How did you change SL to 250 pips? I would also like to modify SL and TP, thanks
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