{quote} The system can't eliminate Inside Days I don't see a problem Check out more pairs until you get it{image}
Regards
Simple Monday-Tuesday System (attached calculator)
- #162
- Feb 5, 2020 4:49am Feb 5, 2020 4:49am
- Joined Mar 2017 | Status: Trader | 2,054 Posts
{quote} The system can't eliminate Inside Days I don't see a problem Check out more pairs until you get it
- #163
- Feb 5, 2020 4:57am Feb 5, 2020 4:57am
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
{quote} have you noticed so far that the +25% has kept you out of any bad trades? I know it's a very small sample size, i'm just curious. Wondering if it's necessary at all. I value your opinion, that is why i ask you.
no magic in Fibonacci Also, only on phone, limited resources, don't even know the ADR, apart from the 10 and 20 EMA, it's naked trading
Look at GBPUSD stuck in the middle
It takes a lot for me to IGNORE you, but you can try.
- #164
- Feb 5, 2020 4:59am Feb 5, 2020 4:59am
- Joined Mar 2017 | Status: Trader | 2,054 Posts
{quote} Too soon to tell. I just picked 25 as it seemed a good number to me
- #166
- Feb 5, 2020 3:47pm Feb 5, 2020 3:47pm
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
Works on the DOW too
It takes a lot for me to IGNORE you, but you can try.
- #167
- Feb 5, 2020 6:13pm Feb 5, 2020 6:13pm
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
Question for the programmers following and familiar with this system - simple EA to buy at the High or sell at the Low of the Monday Tuesday range.
Take Profits at +25% of that range, Stop Loss at the middle 50%, allow multiple entry attempt if stopped out
No indicators, no filters, not timeframe dependent, only the price and time (2 days)
Example attached charts, 4 hour and 1 hour for clarity
Run on 1 pair to test, if good results, run on 28 pairs as a portfolio
Can be done?
Cheers
Take Profits at +25% of that range, Stop Loss at the middle 50%, allow multiple entry attempt if stopped out
No indicators, no filters, not timeframe dependent, only the price and time (2 days)
Example attached charts, 4 hour and 1 hour for clarity
Run on 1 pair to test, if good results, run on 28 pairs as a portfolio
Can be done?
Cheers
It takes a lot for me to IGNORE you, but you can try.
- #168
- Feb 5, 2020 6:44pm Feb 5, 2020 6:44pm
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
Before and after AUD news, yes, it's Demo, don't ask
It takes a lot for me to IGNORE you, but you can try.
- #170
- Feb 6, 2020 1:16am Feb 6, 2020 1:16am
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
{quote} Presently I'm trading on Android, please, How can I get these settings on mobile. Thanks
https://www.forexfactory.com/showthr...=976730&page=4
It takes a lot for me to IGNORE you, but you can try.
Question for the programmers following and familiar with this system - simple EA to buy at the High or sell at the Low of the Monday Tuesday range. Take Profits at +25% of that range, Stop Loss at the middle 50%, allow multiple entry attempt if stopped out No indicators, no filters, not timeframe dependent, only the price and time (2 days) Example attached charts, 4 hour and 1 hour for clarity Run on 1 pair to test, if good results, run on 28 pairs as a portfolio Can be done? Cheers
Set the SL to -50, entry to 0, and TP to 25.
The only thing it doesn't do, I think, is allow for multiple entries.
Is this right? If so, what do you get for GBPUSD 2017?
- #172
- Feb 6, 2020 9:11am Feb 6, 2020 9:11am
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
{quote} Erebus, doesn't the version 1.4 in this thread do that? Set the SL to -50, entry to 0, and TP to 25. The only thing it doesn't do, I think, is allow for multiple entries. Is this right? If so, what do you get for GBPUSD 2017?
Appreciate if anyone can run a few tests and share results to see if there is any merit in that idea.
Obviously it needs a high strike rate, or portfolio approach which is hard to replicate in testing environment.
Thanks
It takes a lot for me to IGNORE you, but you can try.
- #174
- Feb 6, 2020 9:46am Feb 6, 2020 9:46am
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
With Erebus' settings, I get the attached for GBPUSD 2017. His settings beat the original settings. {image} {image}
I was thinking, if I had 1% trade each time I saw that move
Here is an update on earlier positions, has been between +1000 to -1000, AUD disappoints but EUR drop offsets that.
It takes a lot for me to IGNORE you, but you can try.
- #176
- Feb 6, 2020 8:44pm Feb 6, 2020 8:44pm
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
Bit of a whipsawing week thus far and the GBP quite subdued, still there is NFP later, but that doesn't cause the mayhem it used to.
Just getting a live MT5 account set up, it has all the instruments available for analysis and trading. For instance, the DXY, Dollar Index. Seeing this earlier would have made decision on the AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF & USDJPY much easier and confident.
Just getting a live MT5 account set up, it has all the instruments available for analysis and trading. For instance, the DXY, Dollar Index. Seeing this earlier would have made decision on the AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF & USDJPY much easier and confident.
It takes a lot for me to IGNORE you, but you can try.
Question for the programmers following and familiar with this system - simple EA to buy at the High or sell at the Low of the Monday Tuesday range. Take Profits at +25% of that range, Stop Loss at the middle 50%, allow multiple entry attempt if stopped out No indicators, no filters, not timeframe dependent, only the price and time (2 days) Example attached charts, 4 hour and 1 hour for clarity Run on 1 pair to test, if good results, run on 28 pairs as a portfolio Can be done? Cheers
As an additional idea for EA.... if you trade multiple pairs what about a "basket" TP? Some pairs will be up others down so you have an option to choose your % or pips profit for the week? Let say you want 100 pips gain for the week the EA will close all open trades once hit.
This is possible?
- #178
- Feb 7, 2020 2:38am Feb 7, 2020 2:38am
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
Not just for GBP, success with EURUSD again this week
Closed all those Demo trades yesterday at BE, thought it was Friday actually,
they were bouncing too much anyway
Closed all those Demo trades yesterday at BE, thought it was Friday actually,
they were bouncing too much anyway It takes a lot for me to IGNORE you, but you can try.
- #179
- Feb 7, 2020 2:42am Feb 7, 2020 2:42am
- Joined Jul 2011 | Status: Gold Again | 10,602 Posts
What doesn't go UP might go DOWN
It takes a lot for me to IGNORE you, but you can try.
