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SDTR Strategy Part II

  • #121
  • Jan 16, 2019 7:39am Jan 16, 2019 7:39am
Quoting acosma
{quote} Thanks, do you think we can use the same adr value of 20day for trading H4 tf too or maybe should we use a multiplier of this value ? because I trade also the H4 tf, I see the value of this ADR indicator does not change switching the tf, for example now I see 85 value as 20day on h4 tf, so the 100% TP would be 85 pips on H4 tf, as well on H1.
ADR has nothing to do with TF, ADR is the average daily movement in pips irrespective of the time frame.
Truth is like poetry. And most people f*cking hate poetry.
  • #122
  • Jan 16, 2019 7:43am Jan 16, 2019 7:43am
Quoting Anrod
Short on AUDCHF and NZDCHF Both entries had the turbo below 70 (that one is violating the rules..). Turbo on H4 above 70. Close below 10ma. ZigZag in 25 Pips range to R61. lets see how it goes. {image} {image} Update 1: Closed NZDCHF for +29.5 Pips. Move from zigzag to TP was around 20 Days ADR. Pivot Point and previous consolidation ahead. AUDCHF still going. Currently at +13 Update 2: Closed AUDCHF for +15.4 Pips. Cant keep checking the charts for the rest of the day, so i take some pips and run with them
It looks like the Turbo JSRX indicator on your chart is not set up correctly.

Make sure the Len input is 7 not 14.
Truth is like poetry. And most people f*cking hate poetry.
  • #123
  • Jan 16, 2019 7:48am Jan 16, 2019 7:48am
Quoting mrdfx
{quote} ADR has nothing to do with TF, ADR is the average daily movement in pips irrespective of the time frame.
Yes I supposed that, so trading on H4 tf shall we use the same 20day period ADR? or is it too short?
  • #124
  • Jan 16, 2019 7:51am Jan 16, 2019 7:51am
Quoting mrdfx
{quote} It looks like the Turbo JSRX indicator on your chart is not set up correctly. Make sure the Len input is 7 not 14.
Oh yes, you are correct. I will give the new setting a try!
  • #125
  • Jan 16, 2019 8:56am Jan 16, 2019 8:56am
Quoting acosma
{quote} Yes I supposed that, so trading on H4 tf shall we use the same 20day period ADR? or is it too short?
I think you are confusing the use of ADR and TF.

How many pips a pair moves in a day is not related to the time period you are monitoring or trading.

One can use any ADR period, personally I prefer a 20 day, but some prefer 5 day, 10 day even 50 day ADR.

Whether you are trading on H1, H4 or even D1 TF, if a pair moves +80 pips it will move +80 pips on all time frames you trading so its irrespective of the TF.
Truth is like poetry. And most people f*cking hate poetry.
  • #126
  • Edited 10:33am Jan 16, 2019 9:45am | Edited 10:33am
Quoting mrdfx
{quote} I think you are confusing the use of ADR and TF. How many pips a pair moves in a day is not related to the time period you are monitoring or trading. One can use any ADR period, personally I prefer a 20 day, but some prefer 5 day, 10 day even 50 day ADR. Whether you are trading on H1, H4 or even D1 TF, if a pair moves +80 pips it will move +80 pips on all time frames you trading so its irrespective of the TF.
yes I know that the ADR is the same but if I trade on H4 or Daily TF it's supposed that my orders stay opened longer because my sl and tp are wider based on H4, D1 Open\Close\High\Low Candles, so maybe an average weekly range could be better on H4, D1, or better to use another type of trailing stop.
  • #127
  • Jan 16, 2019 10:44am Jan 16, 2019 10:44am
Quoting acosma
{quote} yes I know that the ADR is the same but if I trade on H4 or Daily TF it's supposed that my orders stay opened longer because my sl and tp are wider based on H4, D1 Open\Close\High\Low Candles, so maybe an average weekly range could be better on H4, D1, or better to use another type of trailing stop.
Feel free to explore and experiment with whichever exit strategy suits your trading better using this strategy, I did list some options on the first post.
Truth is like poetry. And most people f*cking hate poetry.
  • #128
  • Jan 16, 2019 11:03am Jan 16, 2019 11:03am
Valid buy on EG.

I'm a bit cautious of trading any GBP pairs currently so I'll be monitoring this trade closely.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-01-16 at 15.04.45.png Size: 160 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #129
  • Jan 16, 2019 11:07am Jan 16, 2019 11:07am
Quoting mrdfx
Valid buy on EG. I'm a bit cautious of trading any GBP pairs currently so I'll be monitoring this trade closely. {image}
I am also long on EURGBP, lets go
  • #130
  • Edited Jan 17, 2019 6:16am Jan 16, 2019 1:03pm | Edited Jan 17, 2019 6:16am
Long on EURCAD
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 52 KB


Short on USDCHF. Rejection at R61, Big round number 0.99000 and previous resistance
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 49 KB


Update 1:
USDCHF hit SL, ouch
EURCAD currently at +20.1 Pips
EURGBP currently at -14.3 Pips

Update 2:
Closed EURCAD for +30.1Pips . Turbo scratching 100 and going flat

Update 3:
EURGBP hit SL, price tested S100
  • #131
  • Jan 16, 2019 1:06pm Jan 16, 2019 1:06pm
New valid signal on EC.

This looks to be a good set up, multiple rejections on the S78 support.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-01-16 at 17.02.34.png Size: 161 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #132
  • Jan 17, 2019 4:09am Jan 17, 2019 4:09am
Subscribed.

Looks promising.

Thanks for sharing.


Green pips to all :-)
  • #133
  • Jan 17, 2019 7:22am Jan 17, 2019 7:22am
Quoting mrdfx
Valid buy on EG. I'm a bit cautious of trading any GBP pairs currently so I'll be monitoring this trade closely. {image}
Quoting mrdfx
New valid signal on EC. This looks to be a good set up, multiple rejections on the S78 support. {image}
A little update on these 2 trades;

EG is floating in DD -45 pips and still holding.

EC is in proift +50 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EG.png Size: 159 KB
Click to Enlarge Name: EC.png Size: 168 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #134
  • Jan 17, 2019 8:04am Jan 17, 2019 8:04am
Quoting mrdfx
{quote} {quote} Yes that's correct, all the pairs except NZD, and CHF. Now that's not to say that the strategy doesn't work on NZD and CHF pairs, its just a personal choice for me not to trade them.

Hi i am trying your EA but its all get SL, it will be fun if the strategy work but it is not. I see all entries are against the EMA and parabolic sar. I hope you can have more update that work like a charm, thanks bro.
  • #135
  • Jan 17, 2019 9:01am Jan 17, 2019 9:01am
Quoting leewiean
{quote} Hi i am trying your EA but its all get SL, it will be fun if the strategy work but it is not. I see all entries are against the EMA and parabolic sar. I hope you can have more update that work like a charm, thanks bro.
Hmm you are very vague in your statement as I don't know how you have been using the EA, perhaps you have not been using it correctly.

You mention EMA? What EMA?

If you going to comment negatively then at least back up your comment so I can answer constructively and give you advice. Also do your research before saying my strategy does not work!
Truth is like poetry. And most people f*cking hate poetry.
  • #136
  • Jan 17, 2019 9:04am Jan 17, 2019 9:04am
Nice thread, subscribed.
  • #137
  • Jan 17, 2019 9:43am Jan 17, 2019 9:43am
Quoting mrdfx
New valid signal on EC. This looks to be a good set up, multiple rejections on the S78 support. {image}
I am assuming you closed your trade as soon as green arrow appeared on EC ?

May I ask where was your SL ?

Cheers
  • #138
  • Jan 17, 2019 9:45am Jan 17, 2019 9:45am
I was wondering how often do you get signals - once a week perhaps ?

Also

I would love to backtest it would the indicators work in standard MT4 tester ?

Cheers
  • #139
  • Jan 17, 2019 10:12am Jan 17, 2019 10:12am
Quoting mrdfx
{quote} Hmm you are very vague in your statement as I don't know how you have been using the EA, perhaps you have not been using it correctly. You mention EMA? What EMA? If you going to comment negatively then at least back up your comment so I can answer constructively and give you advice. Also do your research before saying my strategy does not work!
Dear, please don't misunderstood, i just report to you try to run the EA and it went SL, i don't change any setting just default and i marked as Simply Daily for the entry. I am attached the results so may be you can help. Sorry i don't mean to negatively criticize your work, just report the result.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-01-17-23-09-30-868_net.metaquotes.metatrader4.png Size: 217 KB
  • #140
  • Jan 17, 2019 10:54am Jan 17, 2019 10:54am
It is either me or my arrows have opposite colours ?

Was it supposed to be like this ?

It was a valid buy signal on EC and my arrow was up but RED and vice versa my valid sell signals show up in GREEN :-)

Any idea ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1.png Size: 68 KB
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