Simple H4 Mobile Trading System | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

H4 Mobile Trading Simple Strategy 111 replies

Best Mobile for MT4 mobile platform? 14 replies

MT4 mobile can use to mobile phone with OS android, or iphone or blackberry? 5 replies

MT4 Mobile vs. MT4 Mobile SE - Significant difference? 0 replies

Mobile trader on HP-iPAQ, windows mobile 5.0 6 replies

Attachments: Simple H4 Mobile Trading System
Exit Attachments

Simple H4 Mobile Trading System

  • #281
  • Oct 12, 2018 12:13pm Oct 12, 2018 12:13pm
Quoting hzs10
{quote} I look at how the candle close, i dont look at SR bc you can always break that range. Ema pointing up, down or flat. Since what ur backtest looks promising then follow how you would look for a setup in backtest. I do look at higher TF sometimes but i dont use it to confirm my entry. SL,TP follow Fibo
Once you wrote you don't use every engulfing looking for PA. Now you wrote you don't look at SR. What are PAs for you?
Thank you for your work!
Just an opinion. Based on research
  • #282
  • Oct 12, 2018 12:18pm Oct 12, 2018 12:18pm
Here is two possible setups. I just found on charts
1) EURGBP H4, Close is above the EMA and Bullish Engulfing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 56 KB

2) CADJPY H4, Below EMA and Bearish Engulfing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 59 KB


Regards:
Ahmad Hassan
Ahmad Hassan
  • #283
  • Oct 12, 2018 12:25pm Oct 12, 2018 12:25pm
+40% in one day with High Risk based on this strategy with drawdown 34% thanks in advance
Attached Image (click to enlarge)
Click to Enlarge Name: Безымянный.png Size: 118 KB
  • #284
  • Oct 12, 2018 12:25pm Oct 12, 2018 12:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB


Took this along with the CADJPY, EURGBP ...
  • #285
  • Oct 12, 2018 12:25pm Oct 12, 2018 12:25pm
Quoting AhmadHassan6
Here is two possible setups. I just found on charts 1) EURGBP H4, Close is above the EMA and Bullish Engulfing {image} 2) CADJPY H4, Below EMA and Bearish Engulfing {image} Regards: Ahmad Hassan
Like the notes on your fibs...
R:R "Percentage Focus"
  • #286
  • Oct 12, 2018 12:29pm Oct 12, 2018 12:29pm
Today's results
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 114 KB
Click to Enlarge Name: 2.png Size: 117 KB
  • #287
  • Oct 12, 2018 12:32pm Oct 12, 2018 12:32pm
Quoting Mitiblotch
{quote} The EJ short is already running over 50 pips. Nice trade.
Good to know, I also see just trying to confirm some genuine concerns. Not stepping on any toes or anything. This method can either be very stricked or the user can exercise some discretion. To each one using choose there road at their risk and comfort.
R:R "Percentage Focus"
  • #288
  • Oct 12, 2018 1:17pm Oct 12, 2018 1:17pm
first trade with thus methode
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.PNG Size: 34 KB
  • #289
  • Oct 12, 2018 2:04pm Oct 12, 2018 2:04pm
Quoting Axleman
{quote} Hi Reteid2222, Loving the way you spark interest...I'm not a techie so go easy on me...not interested in coding..too Fn old...missed the boat, but wise enough to understand your drive...attitude...must be the German side in me...Just learning about EA's...absolutely appreciate the "physiologic element" they take care of... Cheers!!! Axleman
You must be drunk lol
  • #290
  • Oct 12, 2018 2:12pm Oct 12, 2018 2:12pm
Quoting hzs10
These are not perfect engulf but I would take it {image}
I notice that you have not marked this one......would you have taken it?.

Attached Image (click to enlarge)
Click to Enlarge Name: This One.png Size: 57 KB


Cheers.
  • #291
  • Oct 12, 2018 2:53pm Oct 12, 2018 2:53pm
Quoting PrinceJ58
{quote} Like the notes on your fibs...
Just edit the indi any way you want it. I agree, it makes a big difference when you customise the fibs to fit the method you are using it on, rather than the generic version.
  • #292
  • Oct 12, 2018 3:18pm Oct 12, 2018 3:18pm
Quoting lemercenaire
{quote} Just edit the indi any way you want it. I agree, it makes a big difference when you customise the fibs to fit the method you are using it on, rather than the generic version.
yeah just saying i like it....
R:R "Percentage Focus"
  • #293
  • Oct 12, 2018 6:33pm Oct 12, 2018 6:33pm
Looks like an interesting strategy, gonna back test it. One thing i dont understand is using a fixed lot size, is there a reason for this instead of having each trade worth the same percentage risk?
  • #294
  • Oct 12, 2018 8:10pm Oct 12, 2018 8:10pm
Just my opinion, try to add ema to see the pullback
21ema red
13ema blue
8ema green
30ema black (according to hzs10)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_2018-10-13-09-04-19-012.jpeg Size: 487 KB
Click to Enlarge Name: Screenshot_2018-10-13-09-02-30-252.jpeg Size: 537 KB
Click to Enlarge Name: Screenshot_2018-10-13-09-14-24-137.jpeg Size: 523 KB
  • #295
  • Oct 12, 2018 8:22pm Oct 12, 2018 8:22pm
Quoting JustyJust
Looks like an interesting strategy, gonna back test it. One thing i dont understand is using a fixed lot size, is there a reason for this instead of having each trade worth the same percentage risk?
I am using the same percentage per trade and HZS10 uses fixed, It will be interesting to see if one is better for returns.
The problem with fixed percent is that your RR is always lower than 1:1 so you rely on this method producing many more wins than losses, which backtesting shows to be the case.
The problem with fixed position size and using BE and targeting 200 fib is smaller win rate and larger candles can eat up a large chunk of your profits if SL hit.
Chris
  • #296
  • Edited 8:52pm Oct 12, 2018 8:35pm | Edited 8:52pm
EURGBP
Attached Images
Self discipline It is a practice
  • #297
  • Oct 12, 2018 10:04pm Oct 12, 2018 10:04pm
Quoting krismitt
{quote} I notice that you have not marked this one......would you have taken it?. {image} Cheers.
Yes i would take that. Just showing some not so perfect engulf pattern i would enter
  • #298
  • Oct 12, 2018 11:58pm Oct 12, 2018 11:58pm
Setups for next week...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: October 13, 2018 120039 AM GMT-0500.png Size: 216 KB
Click to Enlarge Name: October 13, 2018 120329 AM GMT-0500.png Size: 259 KB
R:R "Percentage Focus"
  • #299
  • Oct 13, 2018 12:31am Oct 13, 2018 12:31am
Quoting cfudge
{quote} I am using the same percentage per trade and HZS10 uses fixed, It will be interesting to see if one is better for returns. The problem with fixed percent is that your RR is always lower than 1:1 so you rely on this method producing many more wins than losses, which backtesting shows to be the case. The problem with fixed position size and using BE and targeting 200 fib is smaller win rate and larger candles can eat up a large chunk of your profits if SL hit. Chris
Keeping all the parameters the same across all pairs are able to give the accurate final profitable % of this strategy.

Critical thinking: Do you do that for backtest? Do you skip setup on Friday when doing backtest? Do you check important news and skip setup when doing backtest? If not, then why do you do that for forward testing? If you do that for backtest, then fair enough you can do that for forward testing.

The true is how many make that extra effort to do that when doing backtest?
  • #300
  • Oct 13, 2018 12:35am Oct 13, 2018 12:35am
Dear hzs10,

Can you please help me understand your money management. I gather you use Fibo and that when the price reaches 150 you move the SL to 100. Where do you start in the first place? Pictures are welcome.

Thank you!
Buy low, sell high.
4 traders viewing now