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Simple Daily Trend Reversal Trading System

  • #4,241
  • Aug 10, 2018 6:21pm Aug 10, 2018 6:21pm
Interesting strategy mrdfx, thank you for sharing. Looking forward to testing the EA when it is released...
  • #4,242
  • Aug 10, 2018 6:38pm Aug 10, 2018 6:38pm
Hey Mrdfx, looking forward to your new EA (and dashboard)
  • #4,243
  • Aug 10, 2018 7:45pm Aug 10, 2018 7:45pm
Quoting jeidk11b
{quote} Many thanks for the valuable info. The template provided doesn't contain Zigzag arrow & Davits pivot. After adding manually i have these options for zigzag arrow. Can you please tell me which one to set as period 40. {image}
Set the depth from 12 to 40, leave the 5, and 3.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,244
  • Aug 11, 2018 2:51am Aug 11, 2018 2:51am
Very interesting! Thanks mrdfx.
Do good and throw it into the water.
  • #4,245
  • Aug 11, 2018 9:58am Aug 11, 2018 9:58am
Im finding when loading a template onto a pair all of the indicators don't show up on the chart until I switch time frames esp. the pivots don't know why.
By the way I,m using Win7 is that the best operating system to use for trading? seems like somewhere I read that the calculations are slower using win 7
  • #4,246
  • Aug 11, 2018 10:18am Aug 11, 2018 10:18am
live tradin with IC mkts i've to use Win10 !
da n0o0b + $hit_Disturber
  • #4,247
  • Aug 12, 2018 11:34am Aug 12, 2018 11:34am
Quoting mrdfx
{quote} Set the depth from 12 to 40, leave the 5, and 3.
TYVM dear MrDFX
  • #4,248
  • Aug 13, 2018 1:57am Aug 13, 2018 1:57am
Hi mrdfx! When trading manually, it would be very good to create an alert adviser that would send the MetaQuotes ID Push-Notifications to the phone in the occurrence of a reversal arrow and the intersection of MA10. It would also be nice to have this notice in the main advisor)))
Talk, please, with the developer of the adviser

Sincerely.
Do good and throw it into the water.
  • #4,249
  • Aug 13, 2018 2:03pm Aug 13, 2018 2:03pm
Hey guys, so its been a pretty busy Monday with quite a few big moves in the market considering that Mondays are usually slow.

There were some very nice set ups this morning on JPY pairs, did any of you catch them?
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Truth is like poetry. And most people f*cking hate poetry.
  • #4,250
  • Aug 13, 2018 6:35pm Aug 13, 2018 6:35pm
Quoting mrdfx
Hey guys, so its been a pretty busy Monday with quite a few big moves in the market considering that Mondays are usually slow. There were some very nice set ups this morning on JPY pairs, did any of you catch them? {image} {image} {image}
Yes, good catches, mfdfx.

I observed that accuracy is higher and risk is lower, for candle that crosses and closes above the 10 EMA while Turbo JSRX indicator is already above 30 but still below 50. That is for "Buy" example as seen in your EJ, UJ, and CJ.

Are these true in your observation ?
  • #4,251
  • Aug 13, 2018 11:42pm Aug 13, 2018 11:42pm
Quoting mrdfx
Hey guys, so its been a pretty busy Monday with quite a few big moves in the market considering that Mondays are usually slow. There were some very nice set ups this morning on JPY pairs, did any of you catch them? {image} {image} {image}

Yes, I opened three transactions: USDJPY, CHFJPY, CADJPY
Do good and throw it into the water.
  • #4,252
  • Aug 14, 2018 5:27am Aug 14, 2018 5:27am
Trying this today. Sorry it's late for entry, posting it for forward test/proof purposes. Let's see how it develops.
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  • #4,253
  • Aug 14, 2018 5:38am Aug 14, 2018 5:38am
Quoting Lolaso
Trying this today. Sorry it's late for entry, posting it for forward test/proof purposes. Let's see how it develops. {image}
You opened orders without following all the rules.
The candle close still above EMA 10, so no trade should be taken yet, as there is lack of that confirmation.
  • #4,254
  • Aug 14, 2018 6:01am Aug 14, 2018 6:01am
Quoting JmYm
{quote} You opened orders without following all the rules. The candle close still above EMA 10, so no trade should be taken yet, as there is lack of that confirmation.
Sorry, that's true. I will keep this in mind for future posts. For now I will keep my trade as the risk is very small.
  • #4,255
  • Aug 14, 2018 7:32am Aug 14, 2018 7:32am
First off, big thanks to mrdfx for the system.

This would be the first post from me and pls check the GBPAUD setup. Comments and suggestions are welcomed.

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Let's see how it is gonna play out.
  • #4,256
  • Aug 14, 2018 9:12am Aug 14, 2018 9:12am
Quoting JmYm
{quote} Yes, good catches, mfdfx. I observed that accuracy is higher and risk is lower, for candle that crosses and closes above the 10 EMA while Turbo JSRX indicator is already above 30 but still below 50. That is for "Buy" example as seen in your EJ, UJ, and CJ. Are these true in your observation ?
Yes ideally that is true as the Turbo JSRX is indicating that there is still more movement upwards, however this rule isn't set in stone, and sometimes if it has already passed the 50 level the trade can still be profitable, but yes if it is still under the 30 level that is even better.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,257
  • Aug 14, 2018 9:39am Aug 14, 2018 9:39am
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went short EA at WR38

nice setups forming on USDCHF and AUDNZD AUDCAD h1
  • #4,258
  • Aug 14, 2018 10:07am Aug 14, 2018 10:07am
Quoting Lolaso
Trying this today. Sorry it's late for entry, posting it for forward test/proof purposes. Let's see how it develops. {image}
After some time, this one has worked out well.

Now watching AUDCAD, it might give confirmation in the next few hours.
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  • #4,259
  • Aug 14, 2018 11:05am Aug 14, 2018 11:05am
Quoting Rainy88
{image} went short EA at WR38 nice setups forming on USDCHF and AUDNZD AUDCAD h1
Hello Rainy88,

Nice knowing you in this thread.

If I may ask something from your post, when you say nice setups forming on USDCHF and AUDNZD, I presume that you were saying Pivot38 level?

If yes, according to the rule, aren't we only taking trades from Pivot61 level and above?

Pls share your thoughts about the it sir.

Thanks
  • #4,260
  • Edited 1:20pm Aug 14, 2018 1:04pm | Edited 1:20pm
it might give confirmation in the next few hours. = what more confirmation u need ? ! ?

@Lolaso
da n0o0b + $hit_Disturber
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