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SDTR Strategy Part II

  • #521
  • Mar 4, 2019 4:34am Mar 4, 2019 4:34am
Quoting Fantuz
To check please.... Valid EJ setting up here? {image}
Nope.
The price will hit and be within the pivot level zone (0-25 pips) levels, R61, R78, R100.
  • #522
  • Mar 4, 2019 4:36am Mar 4, 2019 4:36am
Quoting mysubcult
{quote} Nope. The price will hit and be within the pivot level zone (0-25 pips) levels, R61, R78, R100.

Ah... yes i see it. Thanks will keep checking.
  • #523
  • Mar 4, 2019 7:48am Mar 4, 2019 7:48am
Quoting Dojistar100
{quote} Is it Right? {image}
This is not valid. Please read the strategy rules on post 1.
Truth is like poetry. And most people f*cking hate poetry.
  • #524
  • Mar 4, 2019 7:49am Mar 4, 2019 7:49am
[quote=Dojistar100;12071272]
Quoting halvarado89
{quote} Hi MRDFX, thank you for the new thread and the explanation of the strategy, just one question, so far which pairs have been the best for this strategy? Thank you![/qu Am I right? {image}
This is not valid. Please read the strategy rules on post 1.
Truth is like poetry. And most people f*cking hate poetry.
  • #525
  • Mar 4, 2019 7:51am Mar 4, 2019 7:51am
Guys generally there are not many set ups on a Monday as we wait for price to reach valid pivot levels, unless there is some major PA.

Normally we start to see things pick up from Wednesday.
Truth is like poetry. And most people f*cking hate poetry.
  • #526
  • Mar 4, 2019 8:12am Mar 4, 2019 8:12am
Guys this week we celebrating Carnival so I won't be trading much this week.

Keep posting your charts and results! Cheers guys!
Truth is like poetry. And most people f*cking hate poetry.
  • #527
  • Mar 4, 2019 10:27am Mar 4, 2019 10:27am
Quoting mrdfx
{quote} This is not valid. Please read the strategy rules on post 1.
please Tell me anything my trades
Thanks sir
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  • #528
  • Mar 4, 2019 10:40am Mar 4, 2019 10:40am
So this use fibo pivot ? Fibo is always my favourite trade
  • #529
  • Edited 12:20pm Mar 4, 2019 11:08am | Edited 12:20pm
Hello guys,

Just starting using this system so far and i love it.

But i good some problems with the EA:

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 16 KB


It shows that these 2 are valid signals, but in fact they are not - i used the setting from post 1.

Would be nice if someone could tell me what i'm doing wrong!
thanks

edit:
now it also printed a signal on EURJPY, we are not even close to R38 and it prints valid signal for R61?
How can this happen?
https://twitter.com/BeauBuyer
  • #530
  • Mar 4, 2019 12:18pm Mar 4, 2019 12:18pm
thank you for the system. I really like the basket trade on this one
  • #531
  • Mar 4, 2019 12:29pm Mar 4, 2019 12:29pm
Quoting ixam23
Hello guys, Just starting using this system so far and i love it. But i good some problems with the EA: {image} It shows that these 2 are valid signals, but in fact they are not - i used the setting from post 1. Would be nice if someone could tell me what i'm doing wrong! thanks edit: now it also printed a signal on EURJPY, we are not even close to R38 and it prints valid signal for R61? How can this happen?
Those two signals are valid?

See screenshots.

Though you could argue whether the S38 trade for AUDCAD should have been taken.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPY.png Size: 38 KB
Click to Enlarge Name: AUDCAD.png Size: 28 KB
  • #532
  • Mar 4, 2019 12:49pm Mar 4, 2019 12:49pm
Quoting chrisdk2017
{quote} Those two signals are valid? See screenshots. Though you could argue whether the S38 trade for AUDCAD should have been taken. {image} {image}
Thank you!
I didn't pay attention to those pivots because they are from last week - that was confusing me

the same happened with EUR/JPY, right?

But the AUDCAD should not give a signal since S38 is not valid according to rules from OP?
https://twitter.com/BeauBuyer
  • #533
  • Mar 4, 2019 1:00pm Mar 4, 2019 1:00pm
Quoting ixam23
{quote} Thank you! I didn't pay attention to those pivots because they are from last week - that was confusing me the same happened with EUR/JPY, right? But the AUDCAD should not give a signal since S38 is not valid according to rules from OP?
Correct but actually S38/R38 trades can be fine for certain low ADR pairs but I know that it is not according to the rules.
  • #534
  • Mar 4, 2019 1:02pm Mar 4, 2019 1:02pm
Quoting ixam23
{quote} Thank you! I didn't pay attention to those pivots because they are from last week
If I am not mistaken those pivots are correct since we are using last week's data, not this week's data
  • #535
  • Mar 4, 2019 1:06pm Mar 4, 2019 1:06pm
Quoting chrisdk2017
{quote} If I am not mistaken those pivots are correct since we are using last week's data, not this week's data
Yes but the lines which are shown for today are calculated by data from last week - so the signals are based on last weeks pivots (which are calculated from the week before last week) - at least that's what i think

thanks anyways!
https://twitter.com/BeauBuyer
  • #536
  • Mar 5, 2019 2:27am Mar 5, 2019 2:27am
Quoting Dojistar100
{quote} please Tell me anything my trades Thanks sir {image} {image} {image}
Both of your trades are not valid as they formed in R38 line. On the other hand if the price open with a gap is an issue to be addressed. To the common sense stay away if there is a gap.

Regards,
  • #537
  • Mar 5, 2019 3:00am Mar 5, 2019 3:00am
Quoting Kxeroo
{quote} Both of your trades are not valid as they formed in R38 line. On the other hand if the price open with a gap is an issue to be addressed. To the common sense stay away if there is a gap. Regards,
I know it is not valid trade but someone said that it is right in case of lower ADR pair (S/R38 line)
What is the price open with a gap?
Teach me please
  • #538
  • Mar 5, 2019 3:12am Mar 5, 2019 3:12am
Quoting chrisdk2017
{quote} Those two signals are valid? See screenshots. Though you could argue whether the S38 trade for AUDCAD should have been taken. {image} {image}
Hi Chris,

Both of them are not valid due to various reasons but most importantly due to be formed in R38. I am not saying R38 is not tradable but it is the authors advice and shall be kept that way. However for one to be successful it should have a proper risk management along with mastering a certain strategy. As far as I can see we are all focused on entries but exists are rarely a subject to talk. For those newbies who are interested to have a simple yet effective risk management would be modifying your fibonacci tool as a risk manager.

Attached Image (click to enlarge)
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Level Discription
0 0.0
1 Entry
2.382 TP1
3.382 TP2
4.382 TP3

The idea is to have a positive return in every each trade you are getting. You should have minimum risk return ratio of 1:2 . This strategy has lot of good points and relatively easy to follow. So all you need is a good risk management. Also my humble advice would be not to risk more than 2% a trade and try not take same pair trades at the same time. Eg. Do not trade AUDUSD LONG and CADUSD LONG (unless you really really know what you are doing ).

Regards,
  • #539
  • Mar 5, 2019 3:20am Mar 5, 2019 3:20am
Quoting Dojistar100
{quote} I know it is not valid trade but someone said that it is right in case of lower ADR pair (S/R38 line) What is the price open with a gap? Teach me please
ADR is not set as a parametre by the author. As I understand you are bored waiting for the right set up to come so you would like to find a way to get in trading. If you read the author carefuly you will see this is a counter trend strategy. So you have to wait for right counter movement (which is not too many times but once it comes it gives you a good RR profit). So in order to make this system more productive you need to have a trend following system that could be integrated to this system (which I have.. but I am keeping quiet due the nature of this tread).

Therefore if you can find and apply a trend following system you would have more signals. If you have any problems with the current version of SDTR feel free to ask .
  • #540
  • Mar 5, 2019 3:58am Mar 5, 2019 3:58am
I've got another question:

When the EA is activated (to monitor the indicators and profit/loss): how does it know that trades are taken based on the system?
(because i do use another system for daily and above)

Thanks in advance!
https://twitter.com/BeauBuyer
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