Swing x1, x2, x3 Strategy by Kelvin | Page 2 | Forex Factory

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Swing x1, x2, x3 Strategy by Kelvin

  • #21
  • Apr 1, 2018 4:50am Apr 1, 2018 4:50am
Hello,

First thanks for the post!

Sorry for the question but, how are we backtesting this? as ZigZag repaints in manual backtesting all entries seems correct and the indicator (1,2,3) appears when ZigZag is drawn if I'm not wrong.

Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #22
  • Apr 1, 2018 5:11am Apr 1, 2018 5:11am
Quoting J1mm
Hello, First thanks for the post! Sorry for the question but, how are we backtesting this? as ZigZag repaints in manual backtesting all entries seems correct and the indicator (1,2,3) appears when ZigZag is drawn if I'm not wrong. Regards, Jimm
The strategy indicator doesn't repaint. it only complete its full cycle only when x3 close above/below x2 for buy and sell respectively.
if there isnt a close of x3 candle above x2 then there wouldn't be an alert.

so x3 candle close is the key to making it non repainting.
  • #23
  • Apr 1, 2018 5:38am Apr 1, 2018 5:38am
Quoting osho619
thanks for the system, can pls upload templete?
i use this template.
Attached File(s)
File Type: tpl kelvinstrategytemplate.tpl   117 KB | 934 downloads


Then this indy is just session indy. i just use it to make my chart look colorful
Attached File(s)
File Type: ex4 i-Sessions.ex4   16 KB | 579 downloads
Attached File(s)
File Type: mq4 i-Sessions.mq4   6 KB | 683 downloads
  • #24
  • Apr 1, 2018 8:02am Apr 1, 2018 8:02am
Indicator not wokring ...
  • #25
  • Apr 1, 2018 11:34am Apr 1, 2018 11:34am
Hi Kelvin. Need some help understanding UJ H4 chart from post #9.

Your MacD criteria for buy is:
FILTER FOR BUY

@ X3 MACD Value must be > Signal

In this example, that criteria is clearly met. However the post begins with you saying

"Some examples where x1, x2, x3 failed

But trades would have been avoided using MACD"

It seems to me that I'm not completely understanding your criteria. Please help me to comprehend what's going on in this chart. Value is a positive number 0.0003 while Signal is a negative number -.00868
Thanks,
Darryl
Attached Image (click to enlarge)
Click to Enlarge Name: UJ H4 Example Question.png Size: 154 KB
  • #26
  • Apr 1, 2018 11:39am Apr 1, 2018 11:39am
thx for sharing !!!
+
  • #27
  • Apr 1, 2018 12:23pm Apr 1, 2018 12:23pm
Quoting diamonddbw
Hi Kelvin. Need some help understanding UJ H4 chart from post #9. Your MacD criteria for buy is: FILTER FOR BUY @ X3 MACD Value must be > Signal In this example, that criteria is clearly met. However the post begins with you saying "Some examples where x1, x2, x3 failed But trades would have been avoided using MACD" It seems to me that I'm not completely understanding your criteria. Please help me to comprehend what's going on in this chart. Value is a positive number 0.0003 while Signal is a negative number -.00868 Thanks, Darryl {image}
Ya that image falls into the failed setup even with macd. i meant there are some cases were all the conditions are met and still it fails.. that usdjpy 4hr belongs to that category.

Criteria for buy still is


FILTER FOR BUY

@ X3 MACD Value must be > Signal
  • #28
  • Apr 1, 2018 12:52pm Apr 1, 2018 12:52pm
If its been good for 5years, then thats enough back/forward test.
I can only apply this to the daily chart as i have limited myself to that timeframe.

Always glad to learn something new.

cheers.
  • #29
  • Apr 1, 2018 1:11pm Apr 1, 2018 1:11pm
Quoting kelvinonw
{quote} Ya that image falls into the failed setup even with macd. i meant there are some cases were all the conditions are met and still it fails.. that usdjpy 4hr belongs to that category. Criteria for buy still is FILTER FOR BUY @ X3 MACD Value must be > Signal
++++++++++++++++++++++++++

OK. Thanks for clarifying.
  • #30
  • Apr 1, 2018 1:28pm Apr 1, 2018 1:28pm
What kind of win % do you see with this?
instagram: stepbystepforex
  • #31
  • Apr 1, 2018 9:15pm Apr 1, 2018 9:15pm
Hi Kelvin
Not sure if I can PM pics so I will put them here.

Same rules as we were talking about (taking all signals...)

Chris
Attached Image

Attached Image
  • #32
  • Apr 1, 2018 9:27pm Apr 1, 2018 9:27pm
Quoting cfudge
Hi Kelvin Not sure if I can PM pics so I will put them here. Same rules as we were talking about (taking all signals...) Chris {image} {image}
Wow this is very impressive.

Making an E.A should be the next step to backtest and forward test.
  • #33
  • Apr 1, 2018 10:20pm Apr 1, 2018 10:20pm
Quoting kelvinonw
{quote} Wow this is very impressive. Making an E.A should be the next step to backtest and forward test.
Yes...I don't use EAs but this is so simple to test that it would be nice to see if it pans out over longer times.

If anyone is interested the EA should simply take every signal (after close of #3 bar, no MACD or any other indicators) and put a stoploss above/below #1 bar.
The trade(s) will be closed at the opposite signal where we would set a new trade in that direction...so on and so on.

Kelvin please add or tell me to delete this post as this is your thread and these are not your initial rules.

Here are the results from some pairs from sept. to now
US30 10,184 pips
CHFJPY 1533 pips
GBPJPY 2278 pips
EURUSD 1072 pips

Chris
  • #34
  • Apr 1, 2018 10:33pm Apr 1, 2018 10:33pm
Quoting cfudge
{quote} Yes...I don't use EAs but this is so simple to test that it would be nice to see if it pans out over longer times. If anyone is interested the EA should simply take every signal (after close of #3 bar, no MACD or any other indicators) and put a stoploss above/below #1 bar. The trade(s) will be closed at the opposite signal where we would set a new trade in that direction...so on and so on. Kelvin please add or tell me to delete this post as this is your thread and these are not your initial rules. Here are the results from some pairs from...
Chris
This is okay.
But should have the option of MACD indicator included with a true/false button. This is so we can test the variations.

E.A/indicator with these updates will be nice
  • #35
  • Apr 1, 2018 11:14pm Apr 1, 2018 11:14pm
Nice thread Kelvin
Thanks,
  • #36
  • Apr 1, 2018 11:40pm Apr 1, 2018 11:40pm
Quoting cfudge
{quote} Yes...I don't use EAs but this is so simple to test that it would be nice to see if it pans out over longer times. If anyone is interested the EA should simply take every signal (after close of #3 bar, no MACD or any other indicators) and put a stoploss above/below #1 bar. The trade(s) will be closed at the opposite signal where we would set a new trade in that direction...so on and so on. Kelvin please add or tell me to delete this post as this is your thread and these are not your initial rules. Here are the results from some pairs from...
Chris, I notice that some of the signals occur when the #3 close is actually "in the cloud" as opposed to being above or below it. What was your decision on those?
  • #37
  • Apr 2, 2018 10:28am Apr 2, 2018 10:28am
Quoting pakeha
{quote} Chris, I notice that some of the signals occur when the #3 close is actually "in the cloud" as opposed to being above or below it. What was your decision on those?
Hi Pakeha

I have some examples here.
I would say as a general rule I would like to see most of the signal outside the cloud.
If there has been a decent move and the signal shows up amongst the cloud you could close and not re-open a new trade or simply move to BE. In most cases the SL is close by and will take you out.
See charts.

Chris
Attached Image

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  • #38
  • Edited 11:32am Apr 2, 2018 11:19am | Edited 11:32am
FEW OF THE STRATEGY SIGNALS 02-04-2018

Attached Image (click to enlarge)
Click to Enlarge Name: Audnzd.PNG Size: 29 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.PNG Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.PNG Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD.PNG Size: 21 KB


There are other signals in smaller time frames in other pairs. An E.A/indy with the filter would do a better work. Can Anyone help with making E.A/Indy?
  • #39
  • Apr 2, 2018 12:20pm Apr 2, 2018 12:20pm
Hello,

I don't understand the last trades. All trades must have been triggered last week, not today.
For AUD/NZD H4 on 29.03.2018 MACD value is above MACD signal -> no trade
EUR/CHF ok
EUR/JPY H4 signal appears on 27.03.2018 (and MACD value > MACD signal -> no trade) not on 29.03.2018 (I don't have this one on my chart)
NZD/CAD H4 Ok (I don't have this one on my chart)
  • #40
  • Apr 2, 2018 2:01pm Apr 2, 2018 2:01pm
kelvinonw how do you determine your tp? U Wait for opposite signal?
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