(binned per thread starter's request) Easy pullback strategy | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Easy Fractal Breakout Strategy 115 replies

Easy Renko Strategy (ERS) 18 replies

Easy 45 pips strategy 2 replies

easy strategy 1 reply

Attachments: (binned per thread starter's request) Easy pullback strategy
Exit Attachments

(binned per thread starter's request) Easy pullback strategy

  • #221
  • Jan 26, 2019 5:46pm Jan 26, 2019 5:46pm
Quoting WDaouFx
Hey guys, i've been trading for a bit more than 2 years, and only proftable and consistent this year. I studied like crazy hours and hours a day, from tecnical analysis to candlestick patterns back to elliot wave and tape reading, and backtested a huge amount of trading systems, most of them swing trading systems, till i settled into forex trading as a swing trader. What i wanted was a trading system focusing on a caracteristic from the market that never have changed and never will, this caracteristic is for me the PULLBACKS. Catching a good pullback...
Hi folks,

I have only just come across the thread - I will be demo testing to see how it works out.

When price meets the rules for entry, do we enter a trade on the open of the next candle or do we need to look for engulfing bars/pin bars etc to enter?
  • #222
  • Jan 27, 2019 3:10pm Jan 27, 2019 3:10pm
Quoting Wahabafeez
{quote} Good day and thank you for the above reply please my question now is if the pullback is above or below 61.8 FIB then you don't take the trade is that it
Yes! if price doesnt come back from 618 and passes it with no stoch confirmation i dont take the trade...
Was price looks like that it is not gonna respeft 618 the stoch usually are reeeeeallly overbought/sold in a way that even if u woden up the indicator window it wont appear... so i just waiy it to clearly cross for me to enter
  • #223
  • Jan 27, 2019 3:11pm Jan 27, 2019 3:11pm
Quoting Bee-Hop
{quote} Hi folks, I have only just come across the thread - I will be demo testing to see how it works out. When price meets the rules for entry, do we enter a trade on the open of the next candle or do we need to look for engulfing bars/pin bars etc to enter?
When evrything meets the rules we entet at the next candle open! no need for candle patterns
  • #224
  • Jan 30, 2019 6:32am Jan 30, 2019 6:32am
Attached Image (click to enlarge)
Click to Enlarge Name: photo_2019-01-30_09-31-18.jpg Size: 120 KB
  • #225
  • Feb 1, 2019 9:53am Feb 1, 2019 9:53am
Quoting wdaoufx
{image}
please my question is have you ever put your entry at 38.2 when all of the criteria have been met and for the last 4 to 5 candles have been on 50 fib ......
  • #226
  • Feb 1, 2019 11:44am Feb 1, 2019 11:44am
Quoting Wahabafeez
{quote} please my question is have you ever put your entry at 38.2 when all of the criteria have been met and for the last 4 to 5 candles have been on 50 fib ......
the criteria is that the candle must have touched the 50/618 zone... the trigger is when stoch touch each other...when this happens i take the entry doesnt matter where price is
  • #227
  • Feb 3, 2019 6:46pm Feb 3, 2019 6:46pm
Pullback / Swing Traders,

I created an EA for those of us who work and can't watch the market all of the time. Put nonlagdot in indcators file and compile, Trend Entry v1.1 into Experts and compile.

If you want long or short, make this true:
- wantLongs = false;
- wantShorts = false;

If you want to have EA 'wake up' and look for prices in a range, change these options:
- priceUpperBand = 1000.0; // upper price for entry signal
- priceLowerBand = 0.0; // lower price for entry signal

Example, if you wanted to look for an entry between the prices in the blue box which I drew, put upper band = 0.7575, and lower band 0.7545. The EA will only long (if wantLongs = true) and if the entry option criteria is met.
Attached Image (click to enlarge)
Click to Enlarge Name: CADCHFH1.png Size: 205 KB


Entry option:
-entryOption = 2; // see comments in code

1) Enter when NLD on 5M, 15M, 30M, 1hr align
2) Enter when NLD on 5M, 15M, 30M align
3) Enter when NLD on 5M, 15M align

This basically goes from strict (1) to least strict (3).

Exit option will look at the 1 hr NLD change after # of pips set. Set exitTrade to false if you want to manage trade yourself.
- exitTrade = true; // exit on 1 hr NLD trend change
- pipsToActivateExit = 20; // pips to activate 1 hr NLD exit

Regards,
EZ
Attached File(s)
File Type: mq4 nonlagdot.mq4   9 KB | 615 downloads
File Type: mq4 Trend Entry v1.1.mq4   13 KB | 646 downloads
  • #228
  • Feb 4, 2019 1:52am Feb 4, 2019 1:52am
Quoting WDaouFx
{quote} the criteria is that the candle must have touched the 50/618 zone... the trigger is when stoch touch each other...when this happens i take the entry doesnt matter where price is
Thank you very much for being there and helping us .
  • #229
  • Feb 4, 2019 4:34pm Feb 4, 2019 4:34pm
hi, i was wondering when looking on your chart with fib indicator, it seem my fib levels reversed in my chart. so if your sweet spot was 50/618, maybe it was 382/50 for me. or it was my mistake?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-02-05-05-30-48-095_net.metaquotes.metatrader4.png Size: 188 KB
  • #230
  • Feb 4, 2019 5:30pm Feb 4, 2019 5:30pm
Quoting ourfield
hi, i was wondering when looking on your chart with fib indicator, it seem my fib levels reversed in my chart. so if your sweet spot was 50/618, maybe it was 382/50 for me. or it was my mistake? {image}
you are drawing it wrong,yours is reversed.
  • #231
  • Feb 8, 2019 12:50pm Feb 8, 2019 12:50pm
Lets see how this goes !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20190208-153352.png Size: 859 KB
Click to Enlarge Name: Screenshot_20190208-153403.png Size: 1.1 MB
Click to Enlarge Name: Screenshot_20190208-153336.png Size: 916 KB
  • #232
  • Mar 2, 2019 3:57pm Mar 2, 2019 3:57pm
anyone still trading this ?? got a bit quiet lately :-(
  • #233
  • Mar 2, 2019 8:12pm Mar 2, 2019 8:12pm
Quoting ebeckers
anyone still trading this ?? got a bit quiet lately :-(
There’s a telegram room mentioned somewhere in this thread. Pretty active.
  • #234
  • Mar 3, 2019 2:26am Mar 3, 2019 2:26am
Quoting procmail
{quote} There’s a telegram room mentioned somewhere in this thread. Pretty active.
thx , joined it now !
  • #235
  • Mar 3, 2019 2:59am Mar 3, 2019 2:59am
Hello ebeckers if there is any connection about UnNomGuaiV1.132.I apologize to all that I am not on the subject
  • #236
  • Mar 3, 2019 9:18am Mar 3, 2019 9:18am
Quoting ebeckers
{quote} thx , joined it now !
Hello ebeckers if there is any connection about UnNomGuaiV1.132.I apologize to all that I am not on the subject
  • #237
  • Mar 4, 2019 9:10am Mar 4, 2019 9:10am
Quoting WDaouFx
{image}
hello i also use to take trade like same way as you mentioned,, but please clear one doubt... you can reset on fibo 50 or 61.8 level or simple when price touch that fibo level then open trade???

plz check it i take open trade on retest if price cross 50 or 60 or 50 ema then no trade.. plz check it
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 165 KB
  • #238
  • May 4, 2019 11:15am May 4, 2019 11:15am
Hello, very productive and profitable system.
i tried joining the telegram group but link is invalid.
my telegram handle is @RetinAfu kindly add me or share active link so i can join.
Great fx idea.
  • #239
  • May 6, 2019 3:18am May 6, 2019 3:18am
Such an interesting 12 pages, definitely a strategy to follow.
Simple and respecting all timeframes, nice! @WDaouFx (https://www.forexfactory.com/wdaoufx) , are you still working on it?

Same here @Retin, I write my user in case anyone can invite me. @Bronceado

I will start to upload screenshoot once I have all ready.
  • #240
  • Oct 15, 2019 10:32am Oct 15, 2019 10:32am
Yes guys, im still trading the sistem of course ! if any question please write in here !
0 traders viewing now