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SDTR Strategy Part II

  • #141
  • Jan 17, 2019 11:11am Jan 17, 2019 11:11am
Quoting Forbas
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 ? {image}
Try this version of the indicator - should fix your problem.
Attached File(s)
File Type: ex4 Zig Zag Arrow.ex4   12 KB | 539 downloads
  • #142
  • Jan 17, 2019 11:19am Jan 17, 2019 11:19am
Quoting Forbas
{quote} I am assuming you closed your trade as soon as green arrow appeared on EC ? May I ask where was your SL ? Cheers
Not necessarily as when a opposite arrow appears the price can move quite a bit more and if you close as soon as an opposite arrow appears you could miss out on pips.

SL can be set at previous swing high/low or using pivot levels or ADR %, its up to you and the threshold/breathing room you want to have on open positions.

Personally I'll look at the swing high/low and ADR %.
Truth is like poetry. And most people f*cking hate poetry.
  • #143
  • Jan 17, 2019 11:21am Jan 17, 2019 11:21am
Quoting Forbas
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
It depends on the market conditions how many signals we can get in a week, but based on previous data and on trading all 28 pairs we can expect between 70-100 signals per month.

Yes you can back test the indicators I think.
Truth is like poetry. And most people f*cking hate poetry.
  • #144
  • Jan 17, 2019 11:23am Jan 17, 2019 11:23am
Quoting leewiean
{quote} 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. {image}
The default settings are not optimized and I did upload my preset on post 1 which has better results.
Truth is like poetry. And most people f*cking hate poetry.
  • #145
  • Jan 17, 2019 11:23am Jan 17, 2019 11:23am
Quoting fxbarwise
{quote} Try this version of the indicator - should fix your problem. {file}
done it still same.

I could probably change the colour order but this glitch makes me wonder are the other indicators are correct.

Hmm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-01-17 17.19.08.png Size: 27 KB
  • #146
  • Jan 17, 2019 11:24am Jan 17, 2019 11:24am
Quoting mrdfx
{quote} It depends on the market conditions how many signals we can get in a week, but based on previous data and on trading all 28 pairs we can expect between 70-100 signals per month. Yes you can back test the indicators I think.
Thats quite a lot, I was expecting far less then this.

cheers
  • #147
  • Jan 17, 2019 11:24am Jan 17, 2019 11:24am
Quoting Forbas
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 ? {image}
Are you using the same indicators and template from post 1?

You can also switch the colors in the indicator settings to get them to display correctly.
Truth is like poetry. And most people f*cking hate poetry.
  • #148
  • Jan 17, 2019 11:26am Jan 17, 2019 11:26am
Quoting Forbas
{quote} Thats quite a lot, I was expecting far less then this. cheers
If that's a lot you can remove some pairs an also trade on H4 instead of H1 which will reduce the amount of signals.
Truth is like poetry. And most people f*cking hate poetry.
  • #149
  • Jan 17, 2019 11:31am Jan 17, 2019 11:31am
Quoting mrdfx
{quote} Are you using the same indicators and template from post 1? You can also switch the colors in the indicator settings to get them to display correctly.
YEs all indis from P1

I will just change the colours :-)
  • #150
  • Jan 17, 2019 11:36am Jan 17, 2019 11:36am
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}
SL hit on EG. -78 pips.

I was cautious about trading GBP and the pound is strong today so lesson learned, no trading GBP pairs!
Truth is like poetry. And most people f*cking hate poetry.
  • #151
  • Jan 17, 2019 11:36am Jan 17, 2019 11:36am
Quoting mrdfx
{quote} If that's a lot you can remove some pairs an also trade on H4 instead of H1 which will reduce the amount of signals.
Nah its fine, unless H4 gives less fakes, I was just referring to what you wrote on Page 1 "It requires you to be very patient " that's why I was expecting a lot less signals :-)


1 more question. - Arrow appears usually a lot earlier the the closing candle above or below the 10 EMA. Lets say by the time the candle closes below/above the 10 EMA it is not in the 61,78 or 100 zone - is it still valid trade ?
  • #152
  • Jan 17, 2019 12:07pm Jan 17, 2019 12:07pm
For some of you this question might sound fanny but it is co confusing.

Could you please look at the picture and tell me what is Zone 1 and Zone 2 ??


Many thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 38 KB
  • #154
  • Jan 17, 2019 1:03pm Jan 17, 2019 1:03pm
Quoting libra_reserv
Dear all subscriber to this thread, Overall the winning ratio of this system is good, but I have seen that some of the signals are false. I am incorporating this system with my personal system which makes it 98% accurate and successful signal. just share a screenshot of your signal here and I will give confirmation to you if it is correct or false. Happy trading
How about you share with us how you do it so we wont have to bother you with our signals
  • #155
  • Jan 17, 2019 2:17pm Jan 17, 2019 2:17pm
Quoting libra_reserv
Dear all subscriber to this thread, Overall the winning ratio of this system is good, but I have seen that some of the signals are false. I am incorporating this system with my personal system which makes it 98% accurate and successful signal. just share a screenshot of your signal here and I will give confirmation to you if it is correct or false. Happy trading
Yeah right - whatever!!
  • #156
  • Jan 17, 2019 2:30pm Jan 17, 2019 2:30pm
Correct me if I am wrong but as soon as the candle closees below EMA we have a GO ?

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 42 KB
  • #158
  • Jan 17, 2019 5:21pm Jan 17, 2019 5:21pm
My first entry using this system. Live account.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH1.png Size: 37 KB
  • #159
  • Jan 18, 2019 1:15am Jan 18, 2019 1:15am
I managed to open 2 more positions. I hope it was valid entries :-)

I am bit experimenting with TP and SL at the moment. Will let you know how it works out for me :-)
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 01-18-19 at 07.13 AM 001.JPG Size: 459 KB
  • #160
  • Jan 18, 2019 2:44am Jan 18, 2019 2:44am
Lots of set ups on GBP pairs. If you don't mind to be exposed to GBP of course. I opened additional 3 trades with correct set up. They all going in green pip directions at the moment.

GBP is going down after recent up.
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