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Simple Daily Trend Reversal Trading System

  • #4,001
  • May 2, 2018 10:51pm May 2, 2018 10:51pm
Quoting artic118
{quote} hi,..STEFDEK,.that results is very good in daily time frame,..do you still with same settings,..??????? i mean the ones you share in 29 mar
Yep , roughly same settings ...ZigZag candle look back 90 days ...sounds crazy no ? but look here below an "old" RED zigzag on AUDUSD allow you to enter/exit four times the same down-move.I am now most of times trailing the green pips @ 1/3 ADR ( pips distance) . With D1 you have plenty of time to make your choice, tp, ts or even close a position that looks t will not make it.I mostly use currency slope strength, I also look H4 H1 charts.

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  • #4,002
  • Edited 1:12am May 3, 2018 12:41am | Edited 1:12am
Really Pepperstone ??
Are you that desperate ?

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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #4,003
  • May 3, 2018 12:50am May 3, 2018 12:50am
@mrdfx

If i remember correctly you are on Pepperstone Edge9.
Can you have a look in your journal if that server did the same thing at the same time ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #4,004
  • May 3, 2018 12:59am May 3, 2018 12:59am
It costs around $200 but at least i have a better ping time.....o wait...DC1 to DC2 and back to DC1 again ??
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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #4,005
  • May 3, 2018 2:49am May 3, 2018 2:49am
Quoting FxMadness
It costs around $200 but at least i have a better ping time.....o wait...DC1 to DC2 and back to DC1 again ?? {image}
Madness!! What happened? You obliterated the account T_T
Building a Freedom All Time Return: 5,178.8%
  • #4,006
  • May 3, 2018 3:59am May 3, 2018 3:59am
Quoting J1mm
{quote} Madness!! What happened? You obliterated the account T_T
Game over ! Noone can beat the markets (... in a longer run) !
  • #4,007
  • Edited 4:45am May 3, 2018 4:18am | Edited 4:45am
Quoting DerBerliner
{quote} Game over ! Noone can beat the markets (... in a longer run) !
You can beat the market but you can not beat the broker.

I did a search for connection failed in the logs, am mapping that with my at that time open trades (which currencies) and cross referencing with the Red news on the FF calendar.

Interesting.....at least.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #4,008
  • May 3, 2018 4:51am May 3, 2018 4:51am
Quoting DerBerliner
{quote} Game over ! Noone can beat the markets (... in a longer run) !
wrong..
use right MM, risk.. dont expect more than 50% profit from account, every month. all profits what are higher that 50-70%, its will blow account, soon or later.. 400% profit and drowdown of -99% it is reality..and broker conection has nathing to do with this. Its all about risk, using grids, hedge, or martin.
The author TE is steel alive, coz he stay strong with the rules, but make some mistakes with risk.. thats all.
  • #4,009
  • May 3, 2018 8:02am May 3, 2018 8:02am
Quoting stefdek
{quote} Yep , roughly same settings ...ZigZag candle look back 90 days ...sounds crazy no ? but look here below an "old" RED zigzag on AUDUSD allow you to enter/exit four times the same down-move.I am now most of times trailing the green pips @ 1/3 ADR ( pips distance) . With D1 you have plenty of time to make your choice, tp, ts or even close a position that looks t will not make it.I mostly use currency slope strength, I also look H4 H1 charts. {image}
thx for the info,..STEFDEK,..soo that means the only change in settings is the zigzag,.look back 90 days,..???

Funny,... because im trailing also with SL,.1/3 of 20 average daily range,.and tp,..2/3,.new account,.only 1 week,..not much data to share.
  • #4,010
  • May 3, 2018 8:10am May 3, 2018 8:10am
I have been trading for a month on daily chart so great result
so i started on real,and its great too!

I want to ask one thing.
I know multipairEA cant do backtest on MT4.
I also know backtest is only backtest,but It will be helpful for this strategy and parameters,i think.
So please release single pair EA for backtest purpose.

Thanks.
  • #4,011
  • May 3, 2018 8:17am May 3, 2018 8:17am
Quoting shum
{quote} wrong.. use right MM, risk.. dont expect more than 50% profit from account, every month. all profits what are higher that 50-70%, its will blow account, soon or later.. 400% profit and drowdown of -99% it is reality..and broker conection has nathing to do with this. Its all about risk, using grids, hedge, or martin. The author TE is steel alive, coz he stay strong with the rules, but make some mistakes with risk.. thats all.
Just you are wrong. If you can make 50% every month you can make double without any problem because the difficult is be profitable consistently. When you arrive to that step the rest is only how much you want risk
Try don't lose pants never...
  • #4,012
  • May 3, 2018 8:42am May 3, 2018 8:42am
Quoting FxMadness
@mrdfx If i remember correctly you are on Pepperstone Edge9. Can you have a look in your journal if that server did the same thing at the same time ?
I took a look at my journal and nothing like that happened at that time, so not on Edge9 server.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,013
  • May 3, 2018 9:12am May 3, 2018 9:12am
Quoting braintheboss
{quote} Just you are wrong. If you can make 50% every month you can make double without any problem because the difficult is be profitable consistently. When you arrive to that step the rest is only how much you want risk
yes, you can double your account every month, or triple or make 200-300% per month without problem..yes? but problem steel exist, no? and this is the risk! so what wrong i was say? you just repeat my words..
I repeat one more time, dont expect more than 50% of profit per month on your account, on any system, if you are go with the right MM, risk!
95% of traders ar wrong , include you, coz you think easy about 100% per month without problems, sorry, i dont whant to be in this list.
  • #4,014
  • May 3, 2018 9:27am May 3, 2018 9:27am
@Gree: In my eyes you have a "single pair EA" already ! Look in the Parameters list ("F7") the line "TradePairs" and set instaed of all the pairs only one pair you like to trade/test - so you have an EA trading only one choosen pair !
  • #4,015
  • May 3, 2018 9:40am May 3, 2018 9:40am
Quoting DerBerliner
@Gree: In my eyes you have a "single pair EA" already ! Look in the Parameters list ("F7") the line "TradePairs" and set instaed of all the pairs only one pair you like to trade/test - so you have an EA trading only one choosen pair !
Thanks！
i didnt know...sorry
i would like test.
and if i will find better setting,i want to share.

anyway,in my forwardtest, the result of this EA is much better on dailychart than 4Hchart.
  • #4,016
  • May 3, 2018 10:12am May 3, 2018 10:12am
Quoting shum
{quote} yes, you can double your account every month, or triple or make 200-300% per month without problem..yes? but problem steel exist, no? and this is the risk! so what wrong i was say? you just repeat my words.. I repeat one more time, dont expect more than 50% of profit per month on your account, on any system, if you are go with the right MM, risk! 95% of traders ar wrong , include you, coz you think easy about 100% per month without problems, sorry, i dont whant to be in this list.
If you are profitable then you cant trade wrong. You will make mistakes but they will be little and small in account effect. Maybe you are in the 95% side, not me
Try don't lose pants never...
  • #4,017
  • May 3, 2018 10:14am May 3, 2018 10:14am
I have been monitoring the EA closely these days, and I must say that many profitable trades have been missed cos of the S&R filter. Because some signals did not come close or near to a S&R level it was not validated and so it was not traded, but looking back it would have been a winner, take UJ for example, it was not validated by the EA cos it is not near any S&R level, but it is a profitable trade.

This also takes me back to the beginning, and the original strategy rules when I was still trading manually without the EA, I did not use any S&R filter, although I did look for S&R zones for confirmation, but I did not use any such S&R indicator, and the strategy was very profitable. This leads to think that the S&R filter that ebeckers added is filtering out some good trades. Looking back on the previous weeks some very good trades have been filtered out unfortunately.

I am very thankful for the hard work that ebeckers has done, and for creating the S&R indicator that he included to the EA, but I'm thinking that perhaps its better to not use it... I have mentioned some time before that maybe looking at using fibo pivots could be a good idea as I've seen in other threads, and other traders having good success with pivots so maybe incorporating pivots to use as S&R levels could work better?

I will be starting a new comparison test to see which is more profitable. I'll be running one chart as it is now with the S&R filter, one with no S&R filter, and one using pivots as S&R levels and then see which has the better results.
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Truth is like poetry. And most people f*cking hate poetry.
  • #4,018
  • May 3, 2018 10:52am May 3, 2018 10:52am
Quoting mrdfx
I have been monitoring the EA closely these days, and I must say that many profitable trades have been missed cos of the S&R filter. Because some signals did not come close or near to a S&R level it was not validated and so it was not traded, but looking back it would have been a winner, take UJ for example, it was not validated by the EA cos it is not near any S&R level, but it is a profitable trade. This also takes me back to the beginning, and the original strategy rules when I was still trading manually without the EA, I did not use any S&R...
Jadzuk made Davit pivots as PIN. Maybe you can replace SR and use his PIN tool
Try don't lose pants never...
  • #4,019
  • May 3, 2018 10:59am May 3, 2018 10:59am
Quoting mrdfx
I have been monitoring the EA closely these days, and I must say that many profitable trades have been missed cos of the S&R filter. Because some signals did not come close or near to a S&R level it was not validated and so it was not traded, but looking back it would have been a winner, take UJ for example, it was not validated by the EA cos it is not near any S&R level, but it is a profitable trade. This also takes me back to the beginning, and the original strategy rules when I was still trading manually without the EA, I did not use any S&R...
I see ! But in my eyes: today the indi will prevent some good trades ... tomorrow it will prevent some bad trades .... we never know the true untill we tried these "filtering" indis in a longer run. Anyway ... the idea of running two accounts side by side, one with, another without the S&R indi is/will be perhaps a good proof ! So let's see your results at H4 - I'm myself are now in the long lasting daily test ...
  • #4,020
  • May 3, 2018 11:00am May 3, 2018 11:00am
Quoting braintheboss
{quote} Jadzuk made Davit pivots as PIN. Maybe you can replace SR and use his PIN tool
I am busy testing jagzuks SDTR PIN, and his pivots PIN, and so far its been good. Some days it had some losses, but today has been pretty good.

Last week was not so good, but this week is its 250+ pips so far.

I have not set any TP yet for the trades as I'm still monitoring the signals, but probably next week I'll start with a 50 pip TP and then use the trailing top pin to trail after 50 pips.
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Truth is like poetry. And most people f*cking hate poetry.
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