SDTR Strategy Part II

Quoting jdva

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{quote} I'm always looking for additional signs for a valid signals (mrdfx may allow), thus in the GN case I saw the signal occuring just below M1 low 6 months ago (red horizontal) and at the EMA480 on H1 (yellow line = EMA20 Day). Signal could have made about 80 points so far and is still valid! {image}

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Quoting valseva

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{image}{image}

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Quoting bkv007

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Dear MRDFX, Its nice to share this strategy. it seems promising and i tried to follow this new one. Is there any filters to filter the negative trades? And i need some more explanation for the below mentioned point. "The price will hit and be within the pivot level zone (0-25 pips) levels, R61, R78, R100." Can u help me in explain that?

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Quoting jdva

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Thanks for the system buddy ...I guess that GN is not a valid signal according to your rules, though it could become ... because a long wick candle rejected from PP and pair seems resuming downtrend of last week...w'll see {image}

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Quoting bobshah

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Hi all. I understand many don't trade CHF pairs, i just noticed a sell set up on usd chf. Kindly advice for my learning curve if this is a valid set up according to SDTR strategy, thanks. {image}

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Quoting mrdfx

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{quote} Hi jdva yes that is not a valid set up according to the rules as we don't trade off the pivot point. Sometimes you can catch a pair as it starts trending away from the pivot point, but this is risky and not recommended. I do see in this case you got lucky and it was profitable.

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Quoting bobshah

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Rules to buy: A green ZigZag Arrow will appear. The Turbo JSRX indicator was/is in the oversold zone (Below the 30% level) and indicating a green uptrend. The price will hit and be within the pivot level zone (0-25 pips) levels, S61, S78, S100. When the candle crosses, and closes above the 10 EMA up from below, and only if the trade is still confirmed by the 3 indicators. Hi mrdfx and all, Just wanted to clarify the chart of GU attached , say if the current candle close above the MA, the turbo indicator is on around between 70 to 80 zone then, and...

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Quoting jdva

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{quote} do agree not 100% according your rules, but I would take such a "signal" over and over again, if I get several strongly conforming signals from my technical analysis like the EA trade yesterday from WS38 and daily S3 (meanwhile 200 pips ahead). I won't post the trade in order not to confusing others and disturbing your good thread. But...I think that is the big advantage of manual discretionary trading against robot trading. Otherwise an EA would give similar profitable results as well.

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Quoting mrdfx

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{quote} We will never be able to fully emulate human intuition and human intervention into an EA, and this will always be the negative part of creating an EA from a strategy. As much as we can program an EA to follow the technical aspects of a strategy to the dot, the lack of human intuition will never make it as good as manual trading, but that is not to say its not possible to create a successful EA.

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Quoting mrdfx

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{quote} Looking at the chart there is no valid set up yet, but once the candle closes above the MA it will be. The main validation we look for when using the Turbo JSRX indicator is its position when there is a ZigZag arrow. At the time of the ZigZag arrow where was the Turbo JSRX indicator? It needs to be either in oversold -30 or overbought zones +70.

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Quoting mrdfx

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Ok lets get things rocking for the week! Short on EJ & UJ. {image} {image}

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Quoting mrdfx

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{quote} We will never be able to fully emulate human intuition and human intervention into an EA, and this will always be the negative part of creating an EA from a strategy. As much as we can program an EA to follow the technical aspects of a strategy to the dot, the lack of human intuition will never make it as good as manual trading, but that is not to say its not possible to create a successful EA.

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Quoting bobshah

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{quote} Are you still in this UJ or EJ trades? , i know you have explained well in post 1 the various ways to exit , sl , or tp which is very personal discretion depending on individual traders physiology and comfort.

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