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SDTR Strategy Part II

  • #461
  • Feb 16, 2019 9:29am Feb 16, 2019 9:29am
hi mrdfx.thanks for your work.i was in your pervious thread.does this strategy on 1hour work as good as 4hour?what is your Preference?thanks in advance.
  • #462
  • Feb 18, 2019 7:21am Feb 18, 2019 7:21am
Quoting jdva
Mrdfx...please can you explain why you don't like trading from the S/R38 levels, even if there has been strong trending pairs in the prior week and therefore pivot levels beeing wider apart from each other? Any experiences? Thanks and happy weekend!
If you study more about weekly pivots and how we use them as S&R levels we are looking for extremes to increase the likely hood of a reversal happening. The chance of a reversal on S/R38 is less likely than 61, 78, and 100.

The more the price moves away from the pivot the higher chance of reversal, but of course if there is a strong trend established then price can move past 100 level which then we will not trade that pair.
Truth is like poetry. And most people f*cking hate poetry.
  • #463
  • Feb 18, 2019 7:23am Feb 18, 2019 7:23am
Quoting 12mohana
hi mrdfx.thanks for your work.i was in your pervious thread.does this strategy on 1hour work as good as 4hour?what is your Preference?thanks in advance.
Hi 12mohana please read first post how we are trading this strategy. You can also read the last few pages of the previous thread to see the reasons of the updates to the strategy.
Truth is like poetry. And most people f*cking hate poetry.
  • #464
  • Feb 18, 2019 7:25am Feb 18, 2019 7:25am
Its a slow Monday and most times we will not have many signals on a Monday as we wait for price to move into valid pivot zones, but there has been a valid sell signal on AC.

I did not take the trade, but I'll monitor it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-02-18 at 12.17.35.png Size: 215 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #465
  • Feb 18, 2019 7:37am Feb 18, 2019 7:37am
Quoting mrdfx
Its a slow Monday and most times we will not have many signals on a Monday as we wait for price to move into valid pivot zones, but there has been a valid sell signal on AC. I did not take the trade, but I'll monitor it. {image}
yep good signal but off R38...!
I never lose - either I win or I learn...
  • #466
  • Feb 18, 2019 11:39am Feb 18, 2019 11:39am
Quoting mrdfx
a valid sell signal on AC
Excuse me,
do we look for
"hit and be within the pivot level zone (0-25 pips) levels, S61"
at the moment of the arrow appearance or till all the indicators confirm?

At this situation with AC we have arrow in 11 pips from S61, but the final confirmation (MA cross) was at 36 pips from S61.
Is it still valid?
Just an opinion. Based on research
  • #467
  • Feb 18, 2019 8:03pm Feb 18, 2019 8:03pm
Quoting valseva
{image}
hy bro, can you upload this ea preset?
  • #468
  • Feb 19, 2019 6:16am Feb 19, 2019 6:16am
Quoting since80808
{quote} Excuse me, do we look for "hit and be within the pivot level zone (0-25 pips) levels, S61" at the moment of the arrow appearance or till all the indicators confirm? At this situation with AC we have arrow in 11 pips from S61, but the final confirmation (MA cross) was at 36 pips from S61. Is it still valid?
Yes correct it is 11 pips from R61 so it is within the zone.

We are looking for the zigzag arrow to be in the pivot zone when it appears, not for the price to be in the zone at the final confirmation of the MA.

To be in the pivot zone is one of the main criteria before the final confirmation.
Truth is like poetry. And most people f*cking hate poetry.
  • #469
  • Feb 20, 2019 2:29am Feb 20, 2019 2:29am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 61 KB

good entry? where should i place my tp and sl?
  • #470
  • Feb 20, 2019 4:28am Feb 20, 2019 4:28am
Quoting mysubcult
{image} good entry? where should i place my tp and sl?
How you enter a trade without knowing SL and TP. Not to mention there is over 200 pages from earlier tread and 24 pages here still entering without conditions met.

  • #472
  • Feb 21, 2019 1:41pm Feb 21, 2019 1:41pm
Hi mrdfx,

Sorry for disrupting. I didn't want nor do want to be disrespectfull but, may I know why you disliked my post? Does it has to do with the fact that I'm not using the suggested template? if that's the problem OK, I recognize I'm not using the exact template, and I apologize for that, but in the other hand, I think I am using the suggested tools, and placed the trades according to the rules:

Rules to buy:

  1. A green ZigZag Arrow will appear.
  2. The Turbo JSRX indicator was/is in the oversold zone (Below the 30% level) and indicating a green uptrend.
  3. The price will hit and be within the pivot level zone (0-25 pips) levels, S61, S78, S100.
  4. 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.

Do we agree on that?
thanks in advance for your response.

masilva

  • #473
  • Feb 22, 2019 6:38am Feb 22, 2019 6:38am
Happy Friday guys!

I had a busy week and did not take many trades although I did see some good winners.

Post your results from this week.
Truth is like poetry. And most people f*cking hate poetry.
  • #474
  • Feb 22, 2019 6:39am Feb 22, 2019 6:39am
Quoting masilva
Hi mrdfx, Sorry for disrupting. I didn't want nor do want to be disrespectfull but, may I know why you disliked my post? Does it has to do with the fact that I'm not using the suggested template? if that's the problem OK, I recognize I'm not using the exact template, and I apologize for that, but in the other hand, I think I am using the suggested tools, and placed the trades according to the rules: 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....
Hi masilva I have mentioned multiple times in the thread asking members when posting charts to please use the template from post 1 so we all on the same page and there's no confusion to the readers.
Truth is like poetry. And most people f*cking hate poetry.
  • #475
  • Feb 22, 2019 7:03am Feb 22, 2019 7:03am
Quoting mrdfx
{quote} Hi masilva I have mentioned multiple times in the thread asking members when posting charts to please use the template from post 1 so we all on the same page and there's no confusion to the readers.
Got it... thks!
  • #476
  • Feb 24, 2019 5:07am Feb 24, 2019 5:07am
Good Day Everyone,

I would like to post this message as a token of appreciation for all the effort and interaction that has gone into this EA becoming what it is today. I started following the threads from the initial ebeckers pin bar EA/thread, I also read the entire thread of Simple Daily Trend Reversal Trading System (200 pages, 4475 posts).

I've had to read a lot first and I'm sure I've missed some things along the way. I'm still on version 1.25 before pivots made their introduction and impact - even speaking on that basis I think the work has been magnificent (I tested it on H1 and it made over 420 pips, NZD & GBP volatility last Friday).

So a very special thank you to mrdfx, ebeckers, fxmadness and other constant contributors that are active and adding value to making this a success.

Keep up the great work and efforts in this collaborative journey in what is a very difficult environment for retail traders, technology certainly alleviating some pains in this regard.

Thanks a mill everyone on the chat.

Regards,
Mo'
  • #477
  • Feb 24, 2019 4:08pm Feb 24, 2019 4:08pm
I buy good, according to you, good movement
Attached Image (click to enlarge)
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  • #478
  • Feb 24, 2019 4:53pm Feb 24, 2019 4:53pm
Quoting nyakzin
I'm still on version 1.25 before pivots...
Hello!
Give me a link where to download?
Something I do not find, I have V 1.20
Thank.
  • #479
  • Feb 24, 2019 6:19pm Feb 24, 2019 6:19pm
Quoting mrdfx
{quote} Ozymandias I really suggest you read the whole thread if you want to trade this strategy successfully. This took me only 1 min to find the answer.. Pg 3: https://www.forexfactory.com/showthr...2#post11848852 Pg 10: https://www.forexfactory.com/showthr...7#post11908457
Hi, mrdfx,

I have read this over and over and thought I had it; clearly not.

So correct me if I'm wrong (again): the pivot levels (S61, 78, 100 and R61, 78, 100) EACH have THEIR OWN pivot zones. So:
S61 pivot zone would be S61 +/- 12ish pips (for a 25 pip zone spanning across S61)
S78 pivot zone would be S78 +/- 12ish pips (for a 25 pip zone spanning across S78)
Etc, etc, for each pivot level.
And price at the ZZ (high/low point) must be withing these 25 pip zones. If price traveled, for example, 18 pips past S61 and had not reached the zone for S78, it would be no trade.
Please tell me this is right.............
  • #480
  • Feb 25, 2019 5:59am Feb 25, 2019 5:59am
Quoting Ozymandias
{quote} Hi, mrdfx, I have read this over and over and thought I had it; clearly not. So correct me if I'm wrong (again): the pivot levels (S61, 78, 100 and R61, 78, 100) EACH have THEIR OWN pivot zones. So: S61 pivot zone would be S61 +/- 12ish pips (for a 25 pip zone spanning across S61) S78 pivot zone would be S78 +/- 12ish pips (for a 25 pip zone spanning across S78) Etc, etc, for each pivot level. And price at the ZZ (high/low point) must be withing these 25 pip zones. If price traveled, for example, 18 pips past S61 and had not reached the...
Yes each level has its own zone, and we look for price to hit these zones.

Now every week the pivot levels change and depending on the previous weeks PA, these levels can be far away or close to each other so a little human discretion is needed at times.
Truth is like poetry. And most people f*cking hate poetry.
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