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Simple Daily Trend Reversal Trading System

  • #3,781
  • Edited 4:24pm Apr 5, 2018 3:52pm | Edited 4:24pm
I'm wondering a bit about the actual zero activity of my SDTR EA demos. No trades at all with SDTR ! But I watch an other account I'm running with manual trades only (since feb 18, daily TF, all pairs). At this account I try to catch the tournarounds of trends using Murray Math lines + Divergences - without success since feb. That means I couldn't success so far setting my countertrades - so far, bcz the trends haven't turn in the predicted direction. But 2-3 days ago suddenly all my pending trades have been fullfiled and that account is now in green - the losses are compensated - that's a sign for markets trend changing. At the other hand SDTR stoped trading for now - perhaps a good sign: could SDTR recognize the moment to stop trading and wait for new chances ? That would be a very valuable feature, bcz the hardest challenge for a manual trader is the recognition of trends + trend reversal. That's the moment you have to avoid (manual) overtrading - by this trading behaviour someone will only cause losses !

So yes it's perhaps a good situation to see SDTR watching + waiting !

(Let's see what the coming weeks will bring us ... I assume SDTR is actually taking a breather before starting a new flight !)

Let's stay tuned - I'm curious about the forthcoming behaviour of the EA ! Will the Balance and Equity go up so strong like they did during the last 2 months ?

I think we all here hope so !!
  • #3,782
  • Apr 6, 2018 1:34am Apr 6, 2018 1:34am
Quoting stefdek
{quote} Hi Luvene , 1. SL 500 or SL 0. Did you try already to use "0" instead of "500". Does it make any difference? I know the meaning is of setting no Stoploss. Yes SL is still 500 ( like having no stoploss) I changed the R:R to 1:6 because if I am going to loose 250 or 300 pips , I prefer to try to get the 6 times more reward OR CLOSE DISCRETIONARY 2. ZZ look back. Your settings "20". The original was "10". Are you still using "20"? I changed this to even "worse" ..lol . Look back is now set to 30. ( marginal note: I could still not find any...
Why not update first post with changed rules? I am thinking about 15SMA and not Above/Below treshhold (for Buy MBX should not be above 70 and vice versa)
  • #3,783
  • Apr 6, 2018 3:27am Apr 6, 2018 3:27am
Quoting beethoven
fxmadness are you using account % to close all trades or just trailing each trade or both ?
One of the two is trailing the other one is RR and on that one i will keep my eye on all the time.
Both btw. close on an opposite ZZ arrow so they do not wait for the complete opposite signal.
It is just forward testing all the way (well at least for another couple of months).
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,784
  • Apr 6, 2018 7:16am Apr 6, 2018 7:16am
Update on Daily SDTR Trading

USDJPY is up nearly 90 pips. Have to get to +140 pips before TS kicks in. NFP is 15 mins. away. If this was a Live acct, I would take profit & move stop but since this is a demo & I'm committed to letting it run, I will not take any action.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2018_04_06_12_06_GMT_USDJPYproDaily.png Size: 86 KB
  • #3,785
  • Apr 6, 2018 8:04am Apr 6, 2018 8:04am
Quoting Sandberg
{quote} Why not update first post with changed rules? I am thinking about 15SMA and not Above/Below treshhold (for Buy MBX should not be above 70 and vice versa)
Change and update first post? Why? For what? What has changed?

stefdek is talking about his test and modifications he's made to the settings, nothing has changed from the original rules, and if you make changes to the original strategy that is only you.

You can do whatever you like, but members are never satisfied with the original rules of any strategy, and they always feel the need to change and modify things even when the original rules work just fine. Sigh....
Truth is like poetry. And most people f*cking hate poetry.
  • #3,786
  • Edited 9:14am Apr 6, 2018 8:43am | Edited 9:14am
@mrdfx

Did you set your SL tighter or other close reason ?
Attached Image (click to enlarge)
Click to Enlarge Name: sltighter.PNG Size: 3 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,787
  • Apr 6, 2018 9:37am Apr 6, 2018 9:37am
Quoting FxMadness
@mrdfx Did you set your SL tighter or other close reason ? {image}
No I did not, unfortunately the SL at zigzag was very tight with only 20 pips SL. I was not at my computer so I did not even see this trade open and close.

If I had seen it I might have used the fixed SL instead for this trade as the SL at zigzag was too tight.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-04-06 at 11.35.55.png Size: 183 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #3,788
  • Apr 6, 2018 9:38am Apr 6, 2018 9:38am
Quoting mrdfx
{quote} Change and update first post? Why? For what? What has changed? stefdek is talking about his test and modifications he's made to the settings, nothing has changed from the original rules, and if you make changes to the original strategy that is only you. You can do whatever you like, but members are never satisfied with the original rules of any strategy, and they always feel the need to change and modify things even when the original rules work just fine. Sigh....
Sorry, misstook you and stefdek.

No worries, Super Friday is here could it be better!
  • #3,789
  • Apr 6, 2018 9:44am Apr 6, 2018 9:44am
Its been a very slow week for the SDTR EA, with only 5 orders opened and 3 of them hitting SL. This week there weren't really any good valid trade opportunities that matched with the strategy.

I guess its also a good thing, that if there's nothing that matches your strategy then its better to sit it out, and wait for the market to come to you, and match with your strategy confirmations.

Lets see next week if things can pick up, and we can continue kicking the market like we did the other previous weeks.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-04-06 at 11.33.05.png Size: 91 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #3,790
  • Apr 6, 2018 9:51am Apr 6, 2018 9:51am
Quoting mrdfx
Its been a very slow week for the SDTR EA, with only 5 orders opened and 3 of them hitting SL. This week there weren't really any good valid trade opportunities that matched with the strategy. I guess its also a good thing, that if there's nothing that matches your strategy then its better to sit it out, and wait for the market to come to you, and match with your strategy confirmations. Lets see next week if things can pick up, and we can continue kicking the market like we did the other previous weeks. {image}
That's the Point ! Wise words !
  • #3,791
  • Edited 2:44pm Apr 6, 2018 1:53pm | Edited 2:44pm
I just called my boss Freddy Orex, and told him "I quit !".

Probably will regret it Monday.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,792
  • Apr 6, 2018 3:04pm Apr 6, 2018 3:04pm
Quoting FxMadness
I just called my boss Freddy Orex, and told him "I quit !". Probably will regret it Monday.
Truly a very courageous choice. I admire you and a little envy you.
I really wish you good luck.
  • #3,793
  • Apr 6, 2018 3:44pm Apr 6, 2018 3:44pm
Quoting FxMadness
I just called my boss Freddy Orex, and told him "I quit !". Probably will regret it Monday.
Seriously, you did??
All the best bro, you going FX trading full blast and full time?
  • #3,794
  • Apr 6, 2018 4:02pm Apr 6, 2018 4:02pm
Quoting FxMadness
I just called my boss Freddy Orex, and told him "I quit !". Probably will regret it Monday.
Congrats !! I really hope you will succeed
May i ask which strategies you will be using as a full-time trader besides the simple trend reversal discussed here ?
  • #3,795
  • Apr 6, 2018 4:08pm Apr 6, 2018 4:08pm
@ebeckers: Ah good ! I see you aroung here - could you tell us wwhat's the most actual Version of the EA ? I saw at your HP v. 1.23 - right ? But People here as I remember show Versions with higher numbers ? Could this be true ?
  • #3,796
  • Apr 6, 2018 4:34pm Apr 6, 2018 4:34pm
Really you guys.......

It is Friday and i closed my trades just before market close and i posted

Quote
I just called my boss Freddy Orex, and told him "I quit !".

Probably will regret it Monday.

i know it has been a difficult and tiresome trading week but Really ??
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,797
  • Apr 6, 2018 4:51pm Apr 6, 2018 4:51pm
Quoting FxMadness
Really you guys....... It is Friday and i closed my trades just before market close and i posted {quote} i know it has been a difficult and tiresome trading week but Really ??
Haha.
  • #3,798
  • Apr 6, 2018 5:05pm Apr 6, 2018 5:05pm
Quoting DerBerliner
@ebeckers: Ah good ! I see you aroung here - could you tell us wwhat's the most actual Version of the EA ? I saw at your HP v. 1.23 - right ? But People here as I remember show Versions with higher numbers ? Could this be true ?
1.23 is the latest released to the public
But yes.. i'm working on 1.25 atm ;-)
  • #3,799
  • Apr 6, 2018 7:00pm Apr 6, 2018 7:00pm
News from D1 strategy , where, Thrusday night , and looking at the Mbfx indi , I start trailing pairs that were in high rate winning pips. Trailing was done using standard MT4 trailing distance. Distance settings were defined by pair respective ADR ( 50%) . So , if a pair has an ADR of 70 pips ..trailing was set to 350 points. I did this because on the selected pair Mbfx indi was already quite above 70 or below 30 and displaying some kind of exhaustion , ready for a small pullback.Only 4 pairs are still running now at NY close.

On Monday LO +1 hour , if ALL signals align again , it should be entering same pairs that were closed today and continue riding the trend indicated by the ZigZag.
I have set my Zigzag to look up to 30 (daily) bars back , so there will be older signals still valid.This is purely experimental,I need to find out if we only need "fresh" signals to be succesful.

Attached Image (click to enlarge)
Click to Enlarge Name: D1 strategy 5 april MBFX timing at the limit.png Size: 17 KB

Attached Image (click to enlarge)
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  • #3,800
  • Apr 7, 2018 11:03am Apr 7, 2018 11:03am
Sold gold at 1342 bought back and reversed at 1332 4 hr chart works like a charm. I did go 1/2 position on the buy as the zigzag arrow triggered above 30 on the mbfx indicator
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