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Attachments: Follow the Candles
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Follow the Candles

  • #161
  • Oct 31, 2019 8:24am Oct 31, 2019 8:24am
Hi, guys,..my brooker is XM,.leverage is 1:30,.account balance 2931 eur,..

I open my trades in thuesday night 2am gmt,.its 4am brooker time,.this was when the first 4h candel close on thuesday night.

On wensday morning i get the max dd,.it was -84 eur,.. around -2,5%

On thursday 2am gmt time,.all trades close in profit,.148 eur,..5% profit

10 trades open,..0.06 lots witch trade

CADCHF BUY
NZDJPY BUY
NZDCAD BUY
NZDCHF BUY
NZDUSD BUY
USDCAD SELL
AUDUSD BUY
AUDJPY BUY
AUDCHF BUY
AUDCAD BUY

Sorry my bad english,..
  • #162
  • Oct 31, 2019 10:02am Oct 31, 2019 10:02am
Awesome results everyone! This just shows the potential of this strategy!

Tomorrow I'll upload my EA so you guys can test it next week and use it if you want.
Truth is like poetry. And most people f*cking hate poetry.
  • #163
  • Oct 31, 2019 10:51am Oct 31, 2019 10:51am
Quoting mrdfx
Awesome results everyone! This just shows the potential of this strategy! Tomorrow I'll upload my EA so you guys can test it next week and use it if you want.
Thanks looking forward to trying this out. Been using your strategy on demo. Closed out my basket on Tuesday. Thanks
  • #164
  • Oct 31, 2019 11:05am Oct 31, 2019 11:05am
Quoting mrdfx
Awesome results everyone! This just shows the potential of this strategy! Tomorrow I'll upload my EA so you guys can test it next week and use it if you want.
Many thanks for your effort & hard work!
  • #165
  • Oct 31, 2019 3:41pm Oct 31, 2019 3:41pm
Quote
"trend is your friend",
simple words, tough concept
I heard of this statement at the beginning of 2012, I understood it at the end of 2018
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #166
  • Nov 1, 2019 3:10am Nov 1, 2019 3:10am
Quoting mrdfx
Awesome results everyone! This just shows the potential of this strategy! Tomorrow I'll upload my EA so you guys can test it next week and use it if you want.
Hello mrdfx,
Is pepperstone your broker?
Thanks.
  • #167
  • Edited 11:26am Nov 1, 2019 10:34am | Edited 11:26am
Hey hey its Friday!

Ok guys added to page 1 and attached is my version of the EA based on this strategy. The EA is pretty straight forward I think and should be easy enough to understand.

The EA is also pretty customizable so you can also trade it on other sessions and time frames, you only need to configure the settings accordingly.

I'm running a little side test to see if it can be traded daily during the London session following the main intra day trend, its still too early to say but if its successful I'll let you know.

I have put a 30 day expiry on this EA to protect it from being sold or commercialized etc. At the end of the month I'll upload a new version.

Ok guys have a good weekend and see ya on Monday!
Attached File(s)
File Type: ex4 Follow The Candles EA.ex4   230 KB | 607 downloads
Truth is like poetry. And most people f*cking hate poetry.
  • #168
  • Nov 1, 2019 10:35am Nov 1, 2019 10:35am
Quoting salimc
{quote} Hello mrdfx, Is pepperstone your broker? Thanks.
Yes I use Pepperstone.
Truth is like poetry. And most people f*cking hate poetry.
  • #169
  • Nov 1, 2019 10:43am Nov 1, 2019 10:43am
[quote=mrdfx;12595038]Hey hey its Friday! Ok guys attached it my version of the EA based on this strategy.

Thanks
  • #170
  • Nov 1, 2019 10:58am Nov 1, 2019 10:58am
Quoting mrdfx
Hey hey its Friday! Ok guys attached it my version of the EA based on this strategy. The EA is pretty straight forward I think and should be easy enough to understand. The EA is also pretty customizable so you can also trade it on other sessions and time frames, you only need to configure the settings accordingly. I'm running a little side test to see if it can be traded daily during the London session following the main intra day trend, its still too early to say but if its successful I'll let you know. I have put a 30 day expiry...
Thx for the ea,..mrdfx,..
If i want the orders open by account %,..i only need to put,..true in the imput,.Use risk % of account

If i put 10%,.that means all the orders will open with a total 10 % risk or is 10% for evry trade ???
  • #171
  • Nov 1, 2019 11:12am Nov 1, 2019 11:12am
Quoting Macd-rsi
{quote} simple words, tough concept I heard of this statement at the beginning of 2012, I understood it at the end of 2018
"A trend 'with momentum' is your friend" is it how it should state... just like the statement "practice makes perfect" that's not true. It's "perfect practice makes perfect" because there is always a chance you could be practicing wrong... and as far as trends go, it helps to know when a trend is getting exhausted.
  • #172
  • Nov 1, 2019 11:25am Nov 1, 2019 11:25am
Quoting artic118
{quote} Thx for the ea,..mrdfx,.. If i want the orders open by account %,..i only need to put,..true in the imput,.Use risk % of account If i put 10%,.that means all the orders will open with a total 10 % risk or is 10% for evry trade ???
Yes correct you select true to use risk % otherwise the EA will use lot size.

The EA manages the orders as a basket and will manage the risk % for all the orders not individually.
Truth is like poetry. And most people f*cking hate poetry.
  • #173
  • Nov 1, 2019 11:36am Nov 1, 2019 11:36am
Quoting mrdfx
{quote} Yes correct you select true to use risk % otherwise the EA will use lot size. The EA manages the orders as a basket and will manage the risk % for all the orders not individually.
Niceeeeeee,..thank you
  • #174
  • Nov 3, 2019 2:30pm Nov 3, 2019 2:30pm
Quoting mrdfx
Awesome results everyone! This just shows the potential of this strategy! Tomorrow I'll upload my EA so you guys can test it next week and use it if you want.
Hello mrdfx,
Shall I have to load the currency strength indicator at the chart while trading with the ea?
Thanks.
  • #175
  • Nov 3, 2019 4:28pm Nov 3, 2019 4:28pm
Quoting salimc
{quote} Hello mrdfx, Shall I have to load the currency strength indicator at the chart while trading with the ea? Thanks.
Hello salimc, no you don't the EA has the indicator code incorporated into it.
Truth is like poetry. And most people f*cking hate poetry.
  • #176
  • Nov 3, 2019 4:44pm Nov 3, 2019 4:44pm
Quoting mrdfx
{quote} Hello salimc, no you don't the EA has the indicator code incorporated into it.
Morning all,

Loaded and ready...….
Stay green!!!
  • #177
  • Nov 3, 2019 5:15pm Nov 3, 2019 5:15pm
Quoting Froggy
{quote} Morning all, Loaded and ready...….
i am struglling to choose 3 time frames starting from weekly,would u please guide what 3 time frames should i choose,because weekly and daily is fine but 4 hours is in contradiction many times,so what 3 timeframes goes in same direction?any guidance would be appreciated!
  • #178
  • Nov 3, 2019 5:39pm Nov 3, 2019 5:39pm
Quoting T4Trade
{quote} i am struglling to choose 3 time frames starting from weekly,would u please guide what 3 time frames should i choose,because weekly and daily is fine but 4 hours is in contradiction many times,so what 3 timeframes goes in same direction?any guidance would be appreciated!
I have loaded the EA with its default.

Are you trying to fit TFs to create a potential trade....? My ONLY advice is read page 1 again, the strategy on Page 1 says: MN,W,D, 4H.
Stay green!!!
  • #179
  • Nov 3, 2019 9:09pm Nov 3, 2019 9:09pm
Quoting mrdfx
{quote} Hello salimc, no you don't the EA has the indicator code incorporated into it.
Hello mrdfx,
Thanks. Noted. I have run the EA on a 4 hour chart with default settings with Pepperstone broker (for the test run).
  • #180
  • Nov 3, 2019 9:54pm Nov 3, 2019 9:54pm
Quoting salimc
{quote} Hello mrdfx, Thanks. Noted. I have run the EA on a 4 hour chart with default settings with Pepperstone broker (for the test run).
Hello salimc, you can load the EA on any chart time frame, the EA does not look at what time frame chart you using it is only looking at the time frames selected in the EA settings.

You can use default settings, you only need to edit your money management settings to suit your account.
Truth is like poetry. And most people f*cking hate poetry.
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