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SDTR Strategy Part II

  • #661
  • Apr 2, 2019 7:55am Apr 2, 2019 7:55am
Quoting foff00
Thank you timidave, How about longer period, weeks? Mine are floating at zero now... I let everything by default. Any pair selection criteria? Bye [ Thank quote=timidave;12182579]{quote} Currently........ {image}
[/quote]
No, I just started the demo this week. Everything by default here also except money mgt I set to 2%. No pair selection criteria
  • #662
  • Apr 2, 2019 8:24am Apr 2, 2019 8:24am
I'm currently demo testing the daily pivot and weekly pivot. Attached are the daily pivot results for just two days.
I'm very impressed with the 154 pips gained. After a sufficient time period, I'll use the Trade Report to thin out the
herd for the best performers.
Attached Image
  • #663
  • Apr 2, 2019 8:27am Apr 2, 2019 8:27am
Quoting akizama
Hi everyone! Im glad others are active on here im new have some questions i know this strategy can be used for 1hr time frame however the S&R levels on daily chart look really messed up any way around this so the levels look cleaner? Below image is what im getting. Hear soon! {image}
Try changing the history setting in the pivot indicator so it will not load previous weeks pivots, that should make it better visually.
Truth is like poetry. And most people f*cking hate poetry.
  • #664
  • Apr 2, 2019 8:29am Apr 2, 2019 8:29am
Quoting anhthu049
{quote} I should leave automatic trading for how long to get effective profit results. I am suffering from capital losses. Does the automatic trading really bring the expected profit? Thanks! {image}
The is not a miracle EA that will help you recover losses, this is a strategy for short term intra day trading and an EA was developed.

As I said on post 1 I advised to only use this on demo.

The set file I am using is also on post 1, but you can also experiment on finding another setting that works for you.
Truth is like poetry. And most people f*cking hate poetry.
  • #665
  • Apr 2, 2019 8:31am Apr 2, 2019 8:31am
Quoting Eve55
{quote} I use this ea just for signal identification. After that I visually review and trade manually according to Davit pivot strategy.
This is NOT Davit's pivot strategy.

If you want to talk about his strategy then do so in his thread.
Truth is like poetry. And most people f*cking hate poetry.
  • #666
  • Edited 9:39am Apr 2, 2019 8:34am | Edited 9:39am
Quoting ChicagoRob
I'm currently demo testing the daily pivot and weekly pivot. Attached are the daily pivot results for just two days. I'm very impressed with the 154 pips gained. After a sufficient time period, I'll use the Trade Report to thin out the herd for the best performers. {image}
Thanks for that info, good findings!
Did the dashboard portray your actual win/lost statistics because I learnt it's NOT calculating perfectly
  • #667
  • Apr 2, 2019 8:57am Apr 2, 2019 8:57am
Quoting timidave
{quote} Thanks for that info, good findings! Did the dashboard portray your actual win/lost statistics because I learnt it's now calculating perfectly
I ran the numbers and they seem to be in line. However, my weekly pivot results have me baffled. I had three trades, two of which closed at 00.00, and one winner which closed at 00.01. Doesn't make sense - looks like it wants to close all my trades at BE. So far, this hasn't happened with the daily pivot demo. I'm using the H1 set file posted on the forum.
  • #668
  • Apr 2, 2019 10:32am Apr 2, 2019 10:32am
Update on the EA since starting last week. So far so good.

EA and my set file is on first post.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-04-02 at 12.31.06.png Size: 123 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #669
  • Apr 2, 2019 1:18pm Apr 2, 2019 1:18pm
Which one is expected to more convincing, weekly or daily pivot?

Mine is suffering..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 293 KB
  • #670
  • Apr 3, 2019 12:36am Apr 3, 2019 12:36am
Quoting mrdfx
{quote} This is NOT Davit's pivot strategy. If you want to talk about his strategy then do so in his thread.
Yes, you're right, I'm sorry
  • #671
  • Apr 3, 2019 8:17am Apr 3, 2019 8:17am
Quoting foff00
Which one is expected to more convincing, weekly or daily pivot? Mine is suffering.. {image}
This strategy uses weekly pivots not daily.
Truth is like poetry. And most people f*cking hate poetry.
  • #672
  • Apr 3, 2019 8:50am Apr 3, 2019 8:50am
Thank you for the answer.
Today I started on hourly chart with Daily pivot, seems running fine. Closed in 70 pip profit, similar profit floating.
Weekly pivot may be more accurate on 4H charts?
What do you think?

Quoting mrdfx
{quote} This strategy uses weekly pivots not daily.
  • #673
  • Apr 3, 2019 10:09am Apr 3, 2019 10:09am
For newcomers !
My profile for EA \two Windows\.
The first window \ currency pair . where the expected signal is : 1_ the expected signal. 2_ open characters. move the symbol to the First window. 3_ check ZigZag signal. 4_ check signal 3CTurbo. 5_ check the ema10 signal. 6_ check Pivot level. 7_ check Pivot Lookback Bars 10 , ZigZagCangles 10 , 3CTurboCangles 10 . \ 10 cangles - number of candles for the signal \ .( screen attached ) \.
The second window \ window for EA \. Install EA in the second window . Check important parameters for EA : 1_ tue . 2_ currency pairs for trades . 3_ spread _ the value above which. bargaining is prohibited. 4_ EA running time . 5_ EA working days . 6_ true . 7_ distance from Pivot level . the distance is greater than the value . trade is prohibited . 8_ 1 Week . 9_ number of candles \ 10 candles \ . the price is more than 10 candles . trade is prohibited. 10_ the value of TF . on which EA \ must be the same ( H1=60 , or H4=240)\ . 11_ Pivot levels to open an order. 12_ the ZigZag parameter. 13_ parameter 3CTurbo . 14_ EMA parameter .
If You have not found answers to your questions. in the information above . \ Then _ to understand how it works , take a day off. !!! Study in detail the post # 1 !!! open EA . study !!! You will succeed !!! \
How to use MT4 : how to add EA ? how to add indi ? \ Google will help you _ example : "how to install the indicator in MT4 ? "Google will find detailed instructions for You ... You don't know how to use Google . look for information from other sources ...
!!! Please leave the thread clean. with the newbie questions !!!
!!! Post your POSITIVE results !!!
Excuse me. weak English ...
green pips ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: profile.jpg Size: 391 KB
Click to Enlarge Name: instruction.jpg Size: 219 KB
Click to Enlarge Name: instruction2.jpg Size: 218 KB
Click to Enlarge Name: instruction3.jpg Size: 200 KB
You're the only author of everything that's happening to You !
  • #674
  • Apr 3, 2019 1:13pm Apr 3, 2019 1:13pm
Attached, is a two-day report for my weekly pivot demo. 195 net pips is very strong performance. Let's see if it can keep up the momentum.
Attached Image
  • #675
  • Apr 3, 2019 2:05pm Apr 3, 2019 2:05pm
Quoting ChicagoRob
Attached, is a two-day report for my weekly pivot demo. 195 net pips is very strong performance. Let's see if it can keep up the momentum. {image}
Good! So your trades with the weekly pivot paid off after all, guess you just needed some patience! Your first 2-3 trades that got stopped out at BE had nothing to do with daily/weekly pivot, but the trailing stop settings. No settings has all the edge. I believe, overall, the automated trading will be a success!!
  • #676
  • Apr 3, 2019 2:21pm Apr 3, 2019 2:21pm
Quoting timidave
{quote} Good! So your trades with the weekly pivot paid off after all, guess you just needed some patience! Your first 2-3 trades that got stopped out at BE had nothing to do with daily/weekly pivot, but the trailing stop settings. No settings has all the edge. I believe, overall, the automated trading will be a success!!
It's only been a few days, but the results are encouraging. Aside from a good profit factor, the most important thing to me is how well the EA handles drawdown.
  • #677
  • Apr 3, 2019 2:34pm Apr 3, 2019 2:34pm
Quoting ChicagoRob
{quote} It's only been a few days, but the results are encouraging. Aside from a good profit factor, the most important thing to me is how well the EA handles drawdown.
Yes, I understand! I'm not looking at the profit made or performance really. I have been trading a system manually for a while that is well known, very profitable and consistent over several decades. Just as I plugged in the EA on demo and continued my manual trading on live account, I realized it was taking about 80% of the same trades I took on my live account with this strategy. Also, I've been trading for a while, and from my observation, with good money mgt the EA has all it takes to succeed. There will be drawdowns but the high win rate will give it an edge!
  • #678
  • Apr 3, 2019 3:47pm Apr 3, 2019 3:47pm
Quoting ChicagoRob
{quote} It's only been a few days, but the results are encouraging. Aside from a good profit factor, the most important thing to me is how well the EA handles drawdown.
What setting are you using?
  • #679
  • Apr 3, 2019 3:50pm Apr 3, 2019 3:50pm
Quoting ordosgoitia
{quote} What setting are you using?
The H1 setfile posted on thread
  • #680
  • Apr 4, 2019 4:52am Apr 4, 2019 4:52am
Quoting S.Wladimir
For newcomers ! My profile for EA \two Windows\. The first window \ currency pair . where the expected signal is : 1_ the expected signal. 2_ open characters. move the symbol to the First window. 3_ check ZigZag signal. 4_ check signal 3CTurbo. 5_ check the ema10 signal. 6_ check Pivot level. 7_ check Pivot Lookback Bars 10 , ZigZagCangles 10 , 3CTurboCangles 10 . \ 10 cangles - number of candles for the signal \ .( screen attached ) \. The second window \ window for EA \. Install EA in the second window . Check important parameters for EA : 1_...
Bravo. Thanks a lot @Wladimir. Can you please tell what's your TakeProfit settings? Those I currently have close all trades at the BE. Thanks
Attached Image
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