Trend System - Now Testing | Forex Factory

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Trend System - Now Testing

  • #1
  • First Post: Edited Feb 12, 2020 8:03am Feb 11, 2020 5:24am | Edited Feb 12, 2020 8:03am
Hi,

Not good at english but i tried to explain. if anyone have doubt ask me. apply it on ur mt4 and try it first. its still in backtesting phase

Use 5min timeframe.

Everyday after 1 hour candle close
Buy Rules:
Previous day close is above trend identifier [trend identifier is based on h4 timeframe].trend have to consider up till previous day close is above trend identifier
Blue candle appears before or after buy arrow [lime colour]

3 entries with stoploss:
1% stop loss at today low
2% stop loss at today low
3% stop loss 5pips below today pivot point

Entries:
Place BuyStop order 2 pips above the candle where buy arrow[blue candle must be appeared before] or blue candle appear[buy arrow must be appeared before]
Take Profit:
1:1 risk reward. 1% stop loss trade use 1:2 risk reward or let it run or close whenever you wish.

Sell Rules:
Previous day close is below trend identifier [trend identifier is based on h4 timeframe]. trend have to consider down till previous day close is above trend identifier
Red candle appears before or after sell arrow [yellow colour]

3 entries with stoploss:
1% stop loss at today high
2% stop loss at today high
3% stop loss 5pips above today pivot point

Entries:
Place Sellstop order 2 pips below the candle where sell arrow[red candle must be appeared before] or red candle appear[sell arrow must be appeared before]
Take Profit:
1:1 risk reward. 1% stop loss trade use 1:2 risk reward or let it run or close whenever you wish.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB
Click to Enlarge Name: Screenshot2.png Size: 113 KB
Click to Enlarge Name: Screenshot3.png Size: 144 KB
Click to Enlarge Name: Screenshot4.png Size: 99 KB
Click to Enlarge Name: Screenshot5.png Size: 134 KB
Attached File(s)
File Type: zip indi temp.zip   198 KB | 641 downloads | Uploaded Feb 12, 2020 8:03am
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #2
  • Feb 11, 2020 5:44am Feb 11, 2020 5:44am
Post ur feedbacks
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #3
  • Feb 11, 2020 6:19am Feb 11, 2020 6:19am
Quoting vijiragavan
Hi, Not good at english but i tried to explain. if anyone have doubt ask me. apply it on ur mt4 and try it first. its still in backtesting phase Everyday after 1 hour candle close Buy Rules: Previous day close is above trend identifier [trend identifier is based on h4 timeframe].trend have to consider up till previous day close is above trend identifier Blue candle appears before or after buy arrow [lime colour] 3 entries with stoploss: 1% stop loss at today low 2% stop loss at today low 3% stop loss 5pips below today pivot point Entries: Place...
Hi Vijiragavan, I do not understand "Every day after 1-hour candle close" Do we look for a trade after every candle? or did you mean the first candle that closes above/below the trend identifier?
  • #4
  • Feb 11, 2020 6:23am Feb 11, 2020 6:23am
Quoting shiva
{quote} Hi Vijiragavan, I do not understand "Every day after 1-hour candle close" Do we look for a trade after every candle? or did you mean the first candle that closes above/below the trend identifier?
during 1st hour of asian session spread will be high and also not safe to trade. so wait for one hour candle to close then look for trade entries.. dont enter trade during 1st hour of asian session
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #5
  • Feb 11, 2020 6:59am Feb 11, 2020 6:59am
I also want to post, but I am a junior member, how can I become a full member? I'll send you the source code of EA for you to learn.

I think we should learn from source code programming, start from theory, absorb experience from many sides, and form our own trading theory, so as to be invincible.
Attached File(s)
File Type: mq4 Last-gasp goalV1_.mq4   339 KB | 272 downloads
  • #6
  • Feb 11, 2020 7:31am Feb 11, 2020 7:31am
Check the template - it doesn't work
Just an opinion. Based on research
  • #7
  • Feb 11, 2020 7:36am Feb 11, 2020 7:36am
Quoting since80808
Check the template - it doesn't work
you placed that indicator folder into MQl4--> indicator.. if so it should work.. anyone having the issue
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #8
  • Feb 11, 2020 3:20pm Feb 11, 2020 3:20pm
Quoting vijiragavan
{quote} you placed that indicator folder into MQl4--> indicator.. if so it should work.. anyone having the issue
Sure I did
Just an opinion. Based on research
  • #9
  • Feb 11, 2020 4:09pm Feb 11, 2020 4:09pm
With all due respect, this system is very similar to BTM system
  • #10
  • Feb 11, 2020 7:29pm Feb 11, 2020 7:29pm
Quoting luogen
With all due respect, this system is very similar to BTM system
yes kinda like that but its totally diff.. you may find my comment there too about this system
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #11
  • Feb 12, 2020 1:31am Feb 12, 2020 1:31am
Quoting vijiragavan
Hi, Not good at english but i tried to explain. if anyone have doubt ask me. apply it on ur mt4 and try it first. its still in backtesting phase Use 5min timeframe. Everyday after 1 hour candle close Buy Rules: Previous day close is above trend identifier [trend identifier is based on h4 timeframe].trend have to consider up till previous day close is above trend identifier Blue candle appears before or after buy arrow [lime colour] 3 entries with stoploss: 1% stop loss at today low 2% stop loss at today low 3% stop loss 5pips below today pivot point...
picture could help alot
  • #12
  • Edited 11:37am Feb 12, 2020 9:07am | Edited 11:37am
Trend identifier is Expired
  • #13
  • Feb 12, 2020 10:52am Feb 12, 2020 10:52am
Quoting Anusragger
Trend identifier is Explorer.
download again. updated.. i will update the file everyday
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #14
  • Feb 12, 2020 11:39am Feb 12, 2020 11:39am
Quoting vijiragavan
{quote} download again. updated.. i will update the file everyday
Thanks. Do you mean it will expire everyday and I have to download it again?
  • #15
  • Feb 12, 2020 11:56am Feb 12, 2020 11:56am
Quoting Anusragger
{quote} Thanks. Do you mean it will expire everyday and I have to download it again?
hidden cost
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_59.png Size: 98 KB
  • #16
  • Last Post: Feb 12, 2020 12:02pm Feb 12, 2020 12:02pm
Quoting Anusragger
{quote} Thanks. Do you mean it will expire everyday and I have to download it again?
its still in testing phase.... i asked for feedback and suggestions.. if it is good then share... most ppl download then dump it away
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
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