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Attachments: Trend Trading on H4 / D1 Charts
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Trend Trading on H4 / D1 Charts

  • #61
  • Jul 14, 2019 10:53am Jul 14, 2019 10:53am
Quoting irfanmalik72
Markets are dead slow as usual in summers. I am in currently in drawdown since long. Waiting for markets to resume trends. No system in forex is 100%. Even the best of the best are doomed to fail. {image}
Good that you are honest. My question is - did you try to backtest your system on history? Backtesting some years on H4 can give you more or less fair picture of what drawdown to expect and if this system profitable in a long run.
  • #62
  • Jul 15, 2019 5:12am Jul 15, 2019 5:12am
Quoting irfanmalik72
{quote} It would be nice if you share some details about your system for trading Daily charts.
Here is the complete strategy. Please note that the pictures were taken yesterday when the markets were closed so the spreads are not representative of reality. The hardest part of this strategy, well I should say all strategies, is to decide when to close the trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 36 KB
Click to Enlarge Name: GBPCADDaily.png Size: 24 KB
Attached File(s)
File Type: ex4 HalfTrend TT [x5v4].ex4   27 KB | 1,506 downloads
File Type: ex4 Infoboard.ex4   63 KB | 1,165 downloads
File Type: ex4 [ZIG] Renko-FAST.ex4   16 KB | 1,268 downloads
File Type: ex4 [ZIG] Renko-MASH.ex4   16 KB | 1,254 downloads
File Type: tpl Zig Renko.tpl   98 KB | 1,073 downloads
  • #63
  • Jul 15, 2019 5:16am Jul 15, 2019 5:16am
Quoting irfanmalik72
{quote} It would be nice if you share some details about your system for trading Daily charts.
Here is the chart of my other system but the arrows give false signals in flat market so I rarely use it.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold D1.png Size: 35 KB
  • #64
  • Jul 15, 2019 6:08am Jul 15, 2019 6:08am
Quoting Loqito
{quote} Good that you are honest. My question is - did you try to backtest your system on history? Backtesting some years on H4 can give you more or less fair picture of what drawdown to expect and if this system profitable in a long run.
Bro first of all i dont believe in MT4 back testing. Its total BS. I only believe in forward testing. Forex is so dynamic that markets keep changing all the time. I have been forward testing it for 3 years. The detailed analysis can be made from myfxbook account. This strategy has generated almost 7000 pips but the draw back is that it has a huge draw down plus it takes weeks even months to get profitable trades.
  • #65
  • Jul 15, 2019 6:10am Jul 15, 2019 6:10am
Quoting Hutch
{quote} Here is the complete strategy. Please note that the pictures were taken yesterday when the markets were closed so the spreads are not representative of reality. The hardest part of this strategy, well I should say all strategies, is to decide when to close the trade. {image} {image} {file} {file} {file} {file} {file}
Thanks Hutch for sharing it with us. Can you elaborate exact rules for entry or how you trade this system.
  • #66
  • Jul 15, 2019 11:33am Jul 15, 2019 11:33am
Quoting irfanmalik72
{quote} Thanks Hutch for sharing it with us. Can you elaborate exact rules for entry or how you trade this system.
You can enter when the HalfTrend TT shows an arrow after the candle has closed. The HalfTrend TT indicator doesn't repaint but you might see an arrow that will show then disappear on the current candle. This indicates indecision and this is quite normal but this is not relevant on a D1 chart since the trade should only be entered after the candle has closed. There is also the possibility that you see an arrow on a candle and an opposite arrow on the next candle. Oh well nothing is perfect The best entries are when the The HalfTrend TT produces an arrow and the candle price closes above/below the double ATR(14) lines as the case may be. The first 2 arrows on the AUDCAD are examples of good trades. While the third arrow produced good results the entry was not as good as that of the first 2 arrows. The fourth and sixth arrows were also good entries while the signal produced by the fifth arrow wasn't as good but still produced good results. You can also enter into a trade when the Renko Mash indicator changes direction. The fourth arrow signal was the best entry because the HalfTrend TT showed a down arrow, the candle was below the ATR(14) lines and the Renko Mash indicator changed direction. I hope this helps
  • #67
  • Jul 16, 2019 9:12am Jul 16, 2019 9:12am
Quoting ErickPV
Hi, guys. I made an algorithm for D1 charts only the entry to the trade is only done 20min before the end of the daily candle. And its management is based on atr 14 the number q gives that indi is TP and that same number *1.5 would be the maximum risk SL 3% 2 trades are opened and the risk is divided between the 2 entries one goes with SL and TP the second Only with SL. I leave you an image of q is based on the algorithm. {image}
I love that guys videos and podcasts. Opens your eyes up to a whole new way of thinking.
  • #68
  • Oct 13, 2019 12:22am Oct 13, 2019 12:22am
Hello guys i am back after a long time. I had three trades running for over 73 days out of which first trade of GBPJPY went into huge DD of almost 1200 pips. My second trade of GBPUSD went into DD of 658 pips. My third recovery trade of GBPJPY was also in same DD. I was down to my last 2$ and i thought that this strategy is doomed. My account which has survived over 3 years now is about to be wiped out now. But guess what the trend finally reversed and my account was saved from wiping out. Realistic analysis indicate that no matter how strong a strategy is its bound to fail so one must have a fixed SL and accept losses which is sadly the hardest part. Second recovery trade should only be triggered once trend reversal is confirmed. In my case i went impatient early. Had i not triggered my recovery trade so early i could had survived even DD of 98%. Well we all learn through hard ways.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pic 2.jpg Size: 103 KB
Click to Enlarge Name: pic.jpg Size: 168 KB
  • #69
  • Oct 13, 2019 1:35am Oct 13, 2019 1:35am
I went thru all the posts and found some good infos.
And thank you for updating us about how you did.
Regards,
  • #70
  • Oct 13, 2019 7:44am Oct 13, 2019 7:44am
Quoting irfanmalik72
Realistic analysis indicate that no matter how strong a strategy is its bound to fail so one must have a fixed SL and accept losses which is sadly the hardest part.
Man, I wish you success, just because you openly speak here about your hard times and loosing trades. Mostly people here on FF post results with real or fake winning trades and disappear while their strategy is loosing.
  • #71
  • Oct 13, 2019 12:33pm Oct 13, 2019 12:33pm
Quoting irfanmalik72
. In my case i went impatient early. Had i not triggered my recovery trade so early i could had survived even DD of 98%. Well we all learn through hard ways. {image} {image}
You went impatient but recovered. As for me I lack "patience" and this has led to my downfall a few time. I wish you the best with your trades.
  • #72
  • Edited 12:54pm Oct 13, 2019 12:42pm | Edited 12:54pm
Quoting Hutch
{quote} You went impatient but recovered. As for me I lack "patience" and this has led to my downfall a few time. I wish you the best with your trades.
you are not alone,we all are learning to be patient and wait for the right setup,no more trading for the sake of trading or out of boredom.All the best!

I am a big fan of half trend indicator and I have tested almost all of them,the one you are providing seems the best.agimat system use the same indicator.i use mtf half trend as well.
  • #73
  • Jan 6, 2020 12:56am Jan 6, 2020 12:56am
Quoting irfanmalik72
Hello fellow traders. This is my first thread at FF. I think its about time i break silence of past 10 years. I have been trading Forex for past 10 years. I have been a member of most of Forex forums. Tried hundreds of commercial and free EAs, indicators and trading systems. I have done basket trading, dashboard trading and what not. I have been learning, trading all along. Finally i have come to conclusion that Forex is all about MM. Trading less than H4 is disastrous. I have managed to save a mini live account in last 3 years by trading on D1...

P/s: How to add Chart?
  • #74
  • Apr 27, 2020 5:35pm Apr 27, 2020 5:35pm
Quoting namtruc24
thank so much bro . i has sell in this picture . what you think. {image}

Hi there, do you have the source code of the smart filter indi with the Bulls and Bears strength? Do you know what methods the indi is based on as the inputs are trend and momentum.

Thanks,
Rich.

https://www.forexfactory.com/attachm...1&d=1559114151
  • #75
  • Apr 28, 2020 10:16am Apr 28, 2020 10:16am
Quoting Richie1981
{quote} Hi there, do you have the source code of the smart filter indi with the Bulls and Bears strength? Do you know what methods the indi is based on as the inputs are trend and momentum. Thanks, Rich. {image}
Not sure if this is what you want but maybe it could help
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 25 KB
Attached File(s)
File Type: ex4 bulls-bears-power.ex4   9 KB | 542 downloads
File Type: mq4 bulls-bears-power.mq4   2 KB | 621 downloads
  • #76
  • May 2, 2020 11:03am May 2, 2020 11:03am
Quoting irfanmalik72
Hello guys i am back after a long time. I had three trades running for over 73 days out of which first trade of GBPJPY went into huge DD of almost 1200 pips. My second trade of GBPUSD went into DD of 658 pips. My third recovery trade of GBPJPY was also in same DD. I was down to my last 2$ and i thought that this strategy is doomed. My account which has survived over 3 years now is about to be wiped out now. But guess what the trend finally reversed and my account was saved from wiping out. Realistic analysis indicate that no matter how strong a...

Please, continue this thread bro... Gaskeuuunn...
  • #77
  • Oct 5, 2020 11:53am Oct 5, 2020 11:53am
The strategy is super. Now I'm testing her mix with the Xard-44 build.
Entrance from point 2 on the trend.
Machine translation is inaccurate
Attached Image (click to enlarge)
Click to Enlarge Name: 2 .png Size: 134 KB
  • #78
  • Oct 5, 2020 12:01pm Oct 5, 2020 12:01pm
Quoting christos1967
You quote <<Hello you are right. White arrow does not appear on every cross>> So any explanation about this?
I am testing the Smart Trader Indonesia System
I spent a lot of time on this system on TF M-5.
But I did not understand what I was dealing with. I found some information on the Internet and realized that the system is great.
But there is a nuance in the setting and the lack of 1st indie.
Here is a video from YouTube, very good, but I do not understand foreign languages.

Inserted Video


And also found the settings
Bands ( 5 min time frame 7 period , 15 min 6 period , 30 min or higher 5 period).
  • #79
  • Oct 6, 2020 11:47am Oct 6, 2020 11:47am
Quoting romanukraine
{quote} i am testing the smart trader indonesia system i spent a lot of time on this system on tf m-5. But i did not understand what i was dealing with. I found some information on the internet and realized that the system is great. But there is a nuance in the setting and the lack of 1st indie. Here is a video from youtube, very good, but i do not understand foreign languages. https://www.youtube.com/watch?v=oaha-ogha28 and also found the settings bands ( 5 min time frame 7 period , 15 min 6 period , 30 min or higher 5 period).
Вивчай прайс екшн з чистим графіком і забудь про це гівно - зекономиш собі купу часу
  • #80
  • Jan 24, 2021 3:47pm Jan 24, 2021 3:47pm
Looks like quite a good strategy.

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: Chart.png Size: 358 KB
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