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SDTR Strategy Part II

  • #21
  • Jan 3, 2019 8:29pm Jan 3, 2019 8:29pm
HI MRDFX, i start yesterday the test, this is so far results
Attached Image
  • #22
  • Jan 3, 2019 8:45pm Jan 3, 2019 8:45pm
Quoting halvarado89
I just took a trade, EURCAD 1H {image}
I think that it might go south... at the Daily chart, there are two candles that might imply a sell.

Attached Image (click to enlarge)
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  • #23
  • Jan 3, 2019 9:45pm Jan 3, 2019 9:45pm
Quoting halvarado89
I just took a trade, EURCAD 1H {image}
Yup valid signal on EC!
Truth is like poetry. And most people f*cking hate poetry.
  • #24
  • Jan 3, 2019 11:29pm Jan 3, 2019 11:29pm
please can you write the settings of all indicators because template is not working well
  • #25
  • Jan 4, 2019 12:39am Jan 4, 2019 12:39am
Hi MRDFX, thanks for the new thread. Let me first wish you a very happy and prosperous New Year. I am currently in the “black” with 41.87% for this year already.

I trust that I can maintain this momentum with the explanation of the strategy which you narrated. I made some missteps in April and May of 2017.

These were due, in part, to my not following the posts in the previous thread sequentially. I paid a very painful, but yet gained a valuable lesson. I shall not “cry over spilt milk.” though.

My advice, to fellow traders of the “Simple Daily Trend Reversal Trading System ” is that they should make an effort to read all 224 posts in the previous Thread if they want to reap the benefits of this system. Trust me on this!!!

This post is my first contribution to the Thread, and I have subscribed and will continue to be an ardent follower and supporter of this System. It works for me.
  • #26
  • Jan 4, 2019 2:52am Jan 4, 2019 2:52am
Quoting mcphrant
{quote} 'Patience exercised'. Because he is taking the buy trade from support i.e. S61, S78 etc.. Sell trades are taken from resistance R61, R78 etc. Read the rules again.
Oops ! I meant S61,S78, S100. Price bounce above S38 so why is it a valid buy trade ?
  • #27
  • Jan 4, 2019 3:04am Jan 4, 2019 3:04am
The arrow indicator do repaint. How do i work around that please?
  • #28
  • Jan 4, 2019 3:34am Jan 4, 2019 3:34am
Quoting osittu
The arrow indicator do repaint. How do i work around that please?
By the time the other indicators provide signals for confirmation, the arrow should be settled. From my experience the arrow indicator is usually the first indication of trend, then the other indicators (MA/MBFX/Candle) form confluence a few hours later. So I would ignore any repainting, and wait for it to settle after some time has passed, then look for confluence of other indicators.
  • #29
  • Jan 4, 2019 6:23am Jan 4, 2019 6:23am
Quoting mrdfx
Hello guys a very happy new year to you and I wish you a prosperous and profitable 2019! As its a new year and to new beginnings, I thought its a good idea to reboot the Simple Daily Trend Reversal strategy and start a new thread. The first thread was very successful when it started in 2017, and also in 2018 with over 224 pages, 4463 posts, and over 1.3m views! We had many great developments, and we learned a lot. You can find the first Simple Daily Trend Reversal thread here: https://www.forexfactory.com/showthread.php?t=713593...
Happy new year and thanks for starting this new thread.

You have a nice system here and experts in the house should kindly help to created a dashboard like the image below, which will help in easy analysis of all pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: Sample.png Size: 48 KB
  • #30
  • Jan 4, 2019 6:32am Jan 4, 2019 6:32am
Quoting mrdfx
{quote} Yup valid signal on EC!
EC signal hit my SL.
Truth is like poetry. And most people f*cking hate poetry.
  • #31
  • Jan 4, 2019 6:33am Jan 4, 2019 6:33am
Quoting alisamir
please can you write the settings of all indicators because template is not working well
What do you mean the template is not working well?
Truth is like poetry. And most people f*cking hate poetry.
  • #32
  • Jan 4, 2019 6:39am Jan 4, 2019 6:39am
Quoting Ican2020
{quote} Happy new year and thanks for starting this new thread. You have a nice system here and experts in the house should kindly help to created a dashboard like the image below, which will help in easy analysis of all pairs. {image}
You can use the current version of the EA to do something similar.

Load the EA on the chart and set allow trading = false in the settings, then set up the alerts so when there is a new signal you can confirm it first and then open manually.

This is the best solution for catching signals on all pairs.
Truth is like poetry. And most people f*cking hate poetry.
  • #33
  • Jan 4, 2019 6:42am Jan 4, 2019 6:42am
Quoting mrdfx
{quote} What do you mean the template is not working well?
Bros, you got it wrong.

All I am trying to say is that with dashboard, just like the image attached in that post, one can easily see when all 4 indicators agreed or lined up, thereby saving us the time to check many pairs.
Attached Image (click to enlarge)
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  • #34
  • Jan 4, 2019 6:45am Jan 4, 2019 6:45am
Quoting mrdfx
{quote} You can use the current version of the EA to do something similar. Load the EA on the chart and set allow trading = false in the settings, then set up the alerts so when there is a new signal you can confirm it first and then open manually. This is the best solution for catching signals on all pairs.
I will look at it and set it up following your help above.
I never knew it had alerts, that is very interesting, thank you
  • #35
  • Jan 4, 2019 6:54am Jan 4, 2019 6:54am
Quoting Ican2020
{quote} I will look at it and set it up following your help above. I never knew it had alerts, that is very interesting, thank you
Very similar.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-01-04 at 10.53.03.png Size: 47 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #36
  • Jan 4, 2019 7:11am Jan 4, 2019 7:11am
Quoting mrdfx
{quote} Very similar. {image}
Yes, you are right.
Please, how can I make the 28 pairs visible, cause I see only 7 pairs and when I check 'tradepairs' all 28 pairs where listed.
Attached Image (click to enlarge)
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Attached Image
  • #37
  • Jan 4, 2019 7:24am Jan 4, 2019 7:24am
Quoting Ican2020
{quote} Yes, you are right. Please, how can I make the 28 pairs visible, cause I see only 7 pairs and when I check 'tradepairs' all 28 pairs where listed. {image} {image}
The dashboard will only show pairs that have any one of the valid criteria, if not then it won't display.
Truth is like poetry. And most people f*cking hate poetry.
  • #38
  • Jan 4, 2019 7:31am Jan 4, 2019 7:31am
Quoting mrdfx
{quote} The dashboard will only show pairs that have any one of the valid criteria, if not then it won't display.
Thanks for the clarification and have a nice weekend
  • #39
  • Jan 4, 2019 7:31am Jan 4, 2019 7:31am
Quoting johnsmith2nd
{quote} By the time the other indicators provide signals for confirmation, the arrow should be settled. From my experience the arrow indicator is usually the first indication of trend, then the other indicators (MA/MBFX/Candle) form confluence a few hours later. So I would ignore any repainting, and wait for it to settle after some time has passed, then look for confluence of other indicators.
Thanks for the above.

Finally, how do i now factor in the support, pivot and resistance levels with other indicators?
  • #40
  • Jan 4, 2019 12:49pm Jan 4, 2019 12:49pm
Quoting osittu
{quote} Thanks for the above. Finally, how do i now factor in the support, pivot and resistance levels with other indicators?
Please read the rules on first post.
Truth is like poetry. And most people f*cking hate poetry.
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