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Camarilla

  • #1
  • First Post: Edited 9:14am Aug 4, 2018 12:42am | Edited 9:14am
written below is a piece of an effective system that is very good for you ,if you dont have much time to sit in front of ur computer.
patiently follow the instruction and trade well.you can set the pend manually or decide to use an EA to do that.

the general rule is , do not delet any pend order.

more over i will be putting all my newly developed systems LAB work here for all , other than camarilla .

Goodluck

----------------------------------------------
strategy based on camarilla pivots: EURUSD and GBPUSD only
_____________________________________
Buy Logic :
___________
When a price touches L3 , take a buy
and stoploss will be 5 pip lower than
L4
Target :
________
when a price touches H3, exit the buy

______________________
when a stoploss is hit, do reverse
trade and target will be L5 for the
sell entry.and SL will be 5pips above L3.

Sell Logic :
____________
when a price touches H3, take a sell
and stoploss will be 5 pip above than
H4

Target :
________
When a price touches L3, exit the sell
(book profits)

______________________
when a stoploss is hit, do reverse
trade and target will be H5 for the
buy entry and Sl will be 5pip below H3
------------------------------------------------------
Attached Image (click to enlarge)
Click to Enlarge Name: cammarrilla image.png Size: 151 KB
Attached File(s)
File Type: mq4 camarilladt1.mq4   16 KB | 669 downloads
  • #2
  • Aug 4, 2018 12:59am Aug 4, 2018 12:59am
Quoting Bepostan
written below is a piece of an effective system that is very good for you ,if you dont have much time to sit in front of ur computer. patiently follow the instruction and trade well.you can set the pend manually or decide to use an EA to do that. the general rule is , do not delet any pend order. Goodluck ---------------------------------------------- strategy based on camarilla pivots: _____________________________________ Buy Logic : ___________ When a price touches L3 , take a buy and stoploss will be 5 pip lower than L4 Target : ________ when...
Is there EA or it is Indicator, with Alerts.
  • #3
  • Aug 4, 2018 1:06am Aug 4, 2018 1:06am
Quoting cdsaa
{quote} Is there EA or it is Indicator, with Alerts.
it is an indicator, no Alart. u can develop an EA to set the pend for u or u do it manually.
  • #4
  • Aug 4, 2018 2:56am Aug 4, 2018 2:56am
Quoting Bepostan
written below is a piece of an effective system that is very good for you ,if you dont have much time to sit in front of ur computer. patiently follow the instruction and trade well.you can set the pend manually or decide to use an EA to do that. the general rule is , do not delet any pend order. Goodluck ---------------------------------------------- strategy based on camarilla pivots: EURUSD and GBPUSD only _____________________________________ Buy Logic : ___________ When a price touches L3 , take a buy and stoploss will be 5 pip lower than L4...
have you backtested this idea,m better to have proper back testing before starting out on such systems.
  • #5
  • Aug 4, 2018 5:00am Aug 4, 2018 5:00am
Quoting himeshforex
{quote} have you backtested this idea,m better to have proper back testing before starting out on such systems.
i have. u can also do on ur own.
  • #6
  • Aug 4, 2018 7:00am Aug 4, 2018 7:00am
I am more interested in your scalping strategie i can tell from your trades explorer that you are doing very well on that i also go for high leverage and just a few pips sometimes only one like you...My biggest problem is where too put the stop when target is only 1-4 pips....Can you please share what signals you take on your scalping and also what you do with stoploss ore are you hedging???
You win some you loose some do both with peace of mind
  • #7
  • Aug 4, 2018 8:00am Aug 4, 2018 8:00am
I've backtested this visually with a camarilla that keeps each daily setting on the chart. It doesn't work. It isn't profitable.
  • #8
  • Aug 4, 2018 8:30am Aug 4, 2018 8:30am
Quoting billbss
I've backtested this visually with a camarilla that keeps each daily setting on the chart. It doesn't work. It isn't profitable.
True
  • #9
  • Aug 4, 2018 8:42am Aug 4, 2018 8:42am
But look at jeg tradeexplorer he has taken a 3000 dollar account too over 600000 in two years doing 1.5 trades pr day for 1-5 pips....That is pretty amazing...It's the same as taking a 300 dollar account too 60000 and if be bad done 10 trades a day instead of 1.5 he could have done it in 8-10 months i have never seem results like that before have You??
You win some you loose some do both with peace of mind
  • #10
  • Edited 9:11am Aug 4, 2018 8:44am | Edited 9:11am
Come Oh Come and help me oh everybody , i dont know what i have developed oh come and help me Test in ur tester as attached...

plz put your tester result here for us to see,

GBPUSD
test in 1hr chart and 4 hr chart

set tp to = 1111
set sl to = 0
set trail to = 2pip
Attached Image (click to enlarge)
Click to Enlarge Name: result backtest.png Size: 141 KB
Attached File(s)
File Type: ex4 FastMan(1)EA.ex4   11 KB | 334 downloads
  • #11
  • Aug 4, 2018 9:38am Aug 4, 2018 9:38am
Quoting magne999
But look at jeg tradeexplorer he has taken a 3000 dollar account too over 600000 in two years doing 1.5 trades pr day for 1-5 pips....That is pretty amazing...It's the same as taking a 300 dollar account too 60000 and if be bad done 10 trades a day instead of 1.5 he could have done it in 8-10 months i have never seem results like that before have You??
there are results like this many things to select the broker for it must be true ECN thats all.
  • #12
  • Aug 4, 2018 11:01am Aug 4, 2018 11:01am
Quoting Bepostan
{quote} there are results like this many things to select the broker for it must be true ECN thats all.
Testing with 99.9% modeling quality will give you a totally different result.
  • #13
  • Aug 4, 2018 6:25pm Aug 4, 2018 6:25pm
Quoting Bepostan
{quote} there are results like this many things to select the broker for it must be true ECN thats all.
Looks interesting. But...why on demo only though?
"May the pips be with you!"
  • #14
  • Aug 5, 2018 9:05am Aug 5, 2018 9:05am
Quoting Bepostan
Come Oh Come and help me oh everybody , i dont know what i have developed oh come and help me Test in ur tester as attached... plz put your tester result here for us to see, GBPUSD test in 1hr chart and 4 hr chart set tp to = 1111 set sl to = 0 set trail to = 2pip {file} {image}
On what is this EA based? Have you done forward testing?
  • #15
  • Aug 5, 2018 9:18am Aug 5, 2018 9:18am
Quoting Bepostan
Come Oh Come and help me oh everybody , i dont know what i have developed oh come and help me Test in ur tester as attached... plz put your tester result here for us to see, GBPUSD test in 1hr chart and 4 hr chart set tp to = 1111 set sl to = 0 set trail to = 2pip {file} {image}
There are even limitations to 99.9% backtests in terms of reliability .. but everything below 99,9% is like giving kids some blue pencils and let them draw a random line with it.

It is funny, because it is true ..

And still people waste their time and money based on these "results".
  • #16
  • Aug 6, 2018 5:20am Aug 6, 2018 5:20am
Quoting Bepostan
Come Oh Come and help me oh everybody , i dont know what i have developed oh come and help me Test in ur tester as attached... plz put your tester result here for us to see, GBPUSD test in 1hr chart and 4 hr chart set tp to = 1111 set sl to = 0 set trail to = 2pip {file} {image}
Can you add the parameter of time start and time end to EA to make it trade between certain starting hours and end hours?
  • #17
  • Last Post: Aug 6, 2018 12:41pm Aug 6, 2018 12:41pm
you are the same person? Related? New Username?

https://www.mql5.com/en/users/sree.ram.351

https://www.mql5.com/en/forum/269343
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