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Simple Daily Trend Reversal Trading System

  • #4,421
  • Nov 13, 2018 8:12am Nov 13, 2018 8:12am
Quoting mojgan
Hi everyone. could you please explain about Turbo JSRX indicator? what is the formulation? thank you
The Turbo JSRX indicator is based on the stochastic, we use to help identify and determine OB & OS zones to confirm a trade.

It is very similar to the MBFX timing indicator developed by Mostafa Belkhayate.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,422
  • Nov 13, 2018 8:13am Nov 13, 2018 8:13am
Quoting nirmalak
@mrdfx I am new to this thread. What time frame I should attach this EA? Do I have to attach it to all currency pairs' charts?
Have you even read the first post?
Truth is like poetry. And most people f*cking hate poetry.
  • #4,423
  • Nov 14, 2018 9:36am Nov 14, 2018 9:36am
Quoting mrdfx
Hello guys its been a while. Testing of the updated EA version has been going ok, and the EA is making profit. With the last few weeks of strong trends some trades have lost, and as we know this strategy does not do well in strong trends as it is based on trend reversals. I am waiting for the EA to hit 100 trades so that I can have a good idea of its profitability long term. However I have attached the EA so you guys can give it a test and see what results you get. Please post and share your results! EDIT: New functions that have...

Hi, good afternoon, how is the performance of this account you were using? I'm testing, too, I started yesterday, using your configuration for h4
  • #4,424
  • Nov 17, 2018 3:49am Nov 17, 2018 3:49am
Quoting mrdfx
{quote} Hi kobra101 trading pin bars is an interesting idea. I know ebeckers did create an EA trading pin bars using his S&R indicator and it worked quite well so perhaps using weekly pivots we can also get a good result. I'll look into it.
Thank you mrdfx!

I hope you will find time to follow this up as the ebeckers pinbar code is already available, if he agrees to be integrated into this EA.

ebeckers pinbar trader EA is very useful tool and in combination with others such as this EA could lead to higher probability.

Here are a list of ebeckers pinbar trader EA that I think could lead to better performance and if you get in contact with him kindly notify him:

1. Pinbar trader EA takes all size of pinbar. Smaller size of pinbar are not powerfull. The bigger size provides higher probability.
2. It would be good to have option to take the trade x pips above or under the pinbar

SDTR Pivot EA will work fine during normal trend and it can be used to scan many pairs in shortest period.
pinbar or higher MA time frame could decrease less trade but increase higher probability trades.

I have looked at failed trades such as recent AUDNZD. To my understanding higher MA time frame would have prevented the trade to be taken.
In case of AUDNZD there was a big pinbar. I personally think it is ok if a trade ends up with break even rather than a loss.
  • #4,425
  • Nov 17, 2018 3:52am Nov 17, 2018 3:52am
pinbar and engulfing candles at pivot levels increase the probability.
  • #4,426
  • Nov 21, 2018 8:02pm Nov 21, 2018 8:02pm
Hi MRDFX,

Thanks for sharing this great trading system.

Currently, I am working on Dashboard trading and testing the PIN from JagzFX, (SnR and SDTR), The system did quite well, (1%-2% weekly)
I saw you have mentioned you are also working on it.
Could you please share your PIN set files here?
And What is your Exit strategy? Currently, I do manual close + Basket

All the best!

Regards,
JX
  • #4,427
  • Nov 29, 2018 1:55am Nov 29, 2018 1:55am
Quoting mrdfx
Well looks like most of you caught the UJ buy, nice! Running +40 pips, let it runnnnn.. {image}
Hi mrdfx, i didnt find the files for this indicator, please provide me the link is possible
  • #4,428
  • Nov 29, 2018 1:58am Nov 29, 2018 1:58am
Quoting mrdfx
{quote} the turbo jsrx indicator is based on the stochastic, we use to help identify and determine ob & os zones to confirm a trade. It is very similar to the mbfx timing indicator developed by mostafa belkhayate.
hi mrdfx, i am interested in this indicator but couldn't find the indicator files, can you please help me to forward the file if possible. Thx/rgds
  • #4,429
  • Nov 29, 2018 2:22am Nov 29, 2018 2:22am
Quoting mrdfx
hello guys its been a while. Testing of the updated ea version has been going ok, and the ea is making profit. With the last few weeks of strong trends some trades have lost, and as we know this strategy does not do well in strong trends as it is based on trend reversals. I am waiting for the ea to hit 100 trades so that i can have a good idea of its profitability long term. However i have attached the ea so you guys can give it a test and see what results you get. Please post and share your results! Edit: New functions that have...
hi mrdfx, i downloaded the file but unfortunately its not working for me.
  • #4,430
  • Nov 29, 2018 7:29am Nov 29, 2018 7:29am
Quoting jasonleeljx
Hi MRDFX, Thanks for sharing this great trading system. Currently, I am working on Dashboard trading and testing the PIN from JagzFX, (SnR and SDTR), The system did quite well, (1%-2% weekly) I saw you have mentioned you are also working on it. Could you please share your PIN set files here? And What is your Exit strategy? Currently, I do manual close + Basket All the best! Regards, JX
Yes I was testing this strategy on EAX using jagzuks PIN, but after weeks of testing it did not have an overall benefit or better result than the EA. Some of the EAX functions did help to filter some orders, but it was not consistent enough so I stopped.

Currently I am not using any EA with this strategy, I am using it for manual trading and it is going well. The human intervention in this strategy makes the difference.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,431
  • Nov 29, 2018 7:31am Nov 29, 2018 7:31am
Quoting grpvez
{quote} Hi mrdfx, i didnt find the files for this indicator, please provide me the link is possible
Quoting grpvez
{quote} hi mrdfx, i am interested in this indicator but couldn't find the indicator files, can you please help me to forward the file if possible. Thx/rgds
Have you even checked first post?

Quoting grpvez
{quote} hi mrdfx, i downloaded the file but unfortunately its not working for me.
It does work, you must be doing something wrong.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,433
  • Nov 29, 2018 9:30am Nov 29, 2018 9:30am
Quoting mrdfx
{quote} {quote} Have you even checked first post? {quote} It does work, you must be doing something wrong.
Dear Mrdfx i just downloaded the file and put it in my expert adviser but not able to load it, or do you have any other files. Sorry if i am troubling you
  • #4,434
  • Nov 30, 2018 2:17am Nov 30, 2018 2:17am
[quote=mrdfx;10482281]{quote} GOLD has paid very nicely. Analysis and signal was {imag
Dear Mrdfx, please check my screen shot
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 138 KB
  • #4,435
  • Nov 30, 2018 3:46pm Nov 30, 2018 3:46pm
Thanks for the EA but im asking is there a new EA or we will use the same old EA with the new set file?
  • #4,436
  • Dec 17, 2018 6:00am Dec 17, 2018 6:00am
I love your stuff, but you can make old arrows no disappear when new arrows appear. I want to know how many candles will cross the limit in the past
  • #4,437
  • Dec 19, 2018 3:17am Dec 19, 2018 3:17am
Quoting mrdfx
Hello guys its been a while. Testing of the updated EA version has been going ok, and the EA is making profit. With the last few weeks of strong trends some trades have lost, and as we know this strategy does not do well in strong trends as it is based on trend reversals. I am waiting for the EA to hit 100 trades so that I can have a good idea of its profitability long term. However I have attached the EA so you guys can give it a test and see what results you get. Please post and share your results! EDIT: New functions that have...
Hi mrdfx,
i am testing your EA but till now all trades closed in negative balance. If you dont mind please tell me which are the option keep on in the ea, my sttings are stoploss at zigzag arrow and use sma15. Please advice
thx/rgds
  • #4,438
  • Dec 19, 2018 6:23am Dec 19, 2018 6:23am
Quoting grpvez
{quote} Hi mrdfx, i am testing your EA but till now all trades closed in negative balance. If you dont mind please tell me which are the option keep on in the ea, my sttings are stoploss at zigzag arrow and use sma15. Please advice thx/rgds
It would be very difficult for me to answer as I do not know your settings.

Depending on your settings each can have very different results.
Truth is like poetry. And most people f*cking hate poetry.
  • #4,439
  • Dec 19, 2018 9:06am Dec 19, 2018 9:06am
Quoting mrdfx
{quote} It would be very difficult for me to answer as I do not know your settings. Depending on your settings each can have very different results.
dear mrdfx,
please advice me your setting i will put the same and check
thx/rgds
  • #4,440
  • Dec 20, 2018 4:06am Dec 20, 2018 4:06am
Quoting mrdfx
Ok here is the set file of how I am using the EA on H4. You can see current results below. After 100 trades we will get a good sense of how successful this new version is. {file} {image}
Hi Mrdfx,

By way of an update, I've been testing your EA & set file on a 4hr time frame from 13/11 with no manual intervention with pretty good results - see attached. May have to go live in the new year if it carries on performing like this. As it also has very good risk management I think increasing the lot sizing to get better returns is also an option...

Well done to you & FXMadness for building this EA and have a great Christmas & New Year

ATB
Carlos
Attached Image
"All good things to those who wait"
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