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Attachments: My Day Trading System (MDTS) in trend following
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My Day Trading System (MDTS) in trend following

  • #441
  • Aug 29, 2019 10:56am Aug 29, 2019 10:56am
Hi, fallows! Is there anyone to share the latest results!
Thank you!
  • #442
  • Aug 29, 2019 9:52pm Aug 29, 2019 9:52pm
Hi,

I've tested RideYourWave2 for a week. I found it was hard to find the setup. But last week, I came up with another version of RideUrWave3.

Let's see the rule.

H4: Determine the big trend

LTFs(M30,M15,M5): Enter a trade and confirm the direction of the immediate HTF.

HTF----LTF
H1-----M30, M15
M15---M5

The chart attached below tries to illustrate the ideas mentioned above.

H4: Big trend
TBL is RED ---- downtrend

M5: Enter a trade

1) TBL is RED (Current trend in the current TF)
2) Tetragram is RED (small or tall bar. it doesn't matter)
3) CCI must be going above the ZERO then cross below the ZERO
4) TBL HTF must be RED. It located at the downright of your screen (This criterion is very important for filtering a signal)

SELL=1)+2)3)+4)

SL@the most recent high
TP@the same amount of SL from the entry.


The uptrend analysis is the opposite of the downtrend analysis

Enjoy!


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: SELL.png Size: 95 KB
Attached File(s)
File Type: txt Password_TradeOnix.txt   < 1 KB | 726 downloads
File Type: tpl RideUrWave3.tpl   15 KB | 706 downloads
File Type: rar RideUrWave.rar   563 KB | 837 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #443
  • Edited 5:39am Aug 30, 2019 12:41am | Edited 5:39am
Hi guys,


Download the indicator attached below and put in the indicators folder. It is not a perfect indicator but it will help us to spot overbought and oversold area.

The charts below show a sell and buy entries.


Sai Ram
Attached Image(s) (click to enlarge)
Click to Enlarge Name: BUY.png Size: 54 KB
Click to Enlarge Name: SELL.png Size: 30 KB
Attached File(s)
File Type: mq4 Vostro_+_2010.mq4   2 KB | 833 downloads
File Type: tpl RideUrWave3.tpl   16 KB | 627 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #444
  • Aug 30, 2019 2:44am Aug 30, 2019 2:44am
Hi,

I went SHORT on GBPUSD. My trade is exited by SL.

Let's see my analysis.

H4:

TBL is RED --- Downtrend


M15:

1) TBL was RED
2) Tetragram displayed tall bar
3) Vostro was above 80
4) CCI went above ZERO then cross below ZERO
5) TBL HTF is RED

SELL=1)+2)+3)+4)+5)

SL@ the most recent high( 17 pips)
TP@ the same amount of SL

After gaining 10 pips I put SL@BE+spread. Unfortunately, GU exited with spread

Let's wait for the next setup


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: SELL.png Size: 92 KB
Being a fxtrader is not easy. Ones must working hard.
  • #445
  • Edited 3:48am Sep 2, 2019 3:09am | Edited 3:48am
Hi,

H4: Determine the big trend

LTFs(M30,M15,M5): Enter a trade and confirm the direction of the immediate HTF.

HTF----LTF
H1-----M30, M15
M15---M5


Today one trade on GU

Let's see my analysis.

H4: Trend

TBL is RED confirmed Tetragram tall bar RED --- Downtrend

M15:

1) TBL was RED
2) Tetragram displayed tall bar
3) Vostro was above 80
4) CCI went above ZERO then cross below ZERO
5) TBL HTF is RED

SELL=1)+2)+3)+4)+5)

SL@ the most recent high( 15 pips)
TP@ the same amount of SL


Price reached TP and GU exited with +15 pips


Let's wait for the next setup. My daily goal is 20 pips. 5 more pips to go.


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: SELL.png Size: 97 KB
Attached File(s)
File Type: txt Password_TradeOnix.txt   < 1 KB | 961 downloads
File Type: rar RideUrWave.rar   403 KB | 1,143 downloads
File Type: tpl RideUrWave3.tpl   6 KB | 930 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #446
  • Sep 5, 2019 4:57pm Sep 5, 2019 4:57pm
Quoting sriloba
Hi, H4: Determine the big trend LTFs(M30,M15,M5): Enter a trade and confirm the direction of the immediate HTF. HTF----LTF H1-----M30, M15 M15---M5 Today one trade on GU Let's see my analysis. H4: Trend TBL is RED confirmed Tetragram tall bar RED --- Downtrend M15: 1) TBL was RED 2) Tetragram displayed tall bar 3) Vostro was above 80 4) CCI went above ZERO then cross below ZERO 5) TBL HTF is RED SELL=1)+2)+3)+4)+5) SL@ the most recent high( 15 pips) TP@ the same amount of SL Price reached TP and GU exited with +15 pips Let's wait for the next setup....
Hi, Sriloba! Thanks very much for sharing this latest version of the system! But what do you think to use it for scalping - lets say HTF - 15 or I think it is better 5 min TF, and LTF - 1 min? Then we use a trend following system too - we enter in the direction of the main trend and in the same time we are using the opened oportunity to surf at once without wasting time. The other very important positive thing is we can enter several times - I think we can enter about 10 times per day on 1 min TF and grib 7 - 10 pips per every entry. In the very beginning of my trading learning I have thought the scalping is not a good idea. But during my hard work I concluded that scalping it is better - we are reacting as quick as possible before the market has changed. We are sitting in front of the computer not in vain - if we have losed the only exact moment for entry - there is another entry too in scalping. And at the end of our working day we have collected more and more green pips.
I suggest you to think over this idea, I see a big potential in it. I really apreciate your hard work and we have to confirm and use the system as good as possible.
  • #447
  • Sep 22, 2019 2:54am Sep 22, 2019 2:54am
Looking forward to following the ideas in this thread...

Greg
  • #448
  • Sep 26, 2019 8:54am Sep 26, 2019 8:54am
Hi fellows! What about the system? Has anyone tested the latest version? Or any other idea?
  • #449
  • Sep 28, 2019 1:27pm Sep 28, 2019 1:27pm
Quoting sriloba
Hi, I went SHORT on GBPUSD. My trade is exited by SL. Let's see my analysis. H4: TBL is RED --- Downtrend M15: 1) TBL was RED 2) Tetragram displayed tall bar 3) Vostro was above 80 4) CCI went above ZERO then cross below ZERO 5) TBL HTF is RED SELL=1)+2)+3)+4)+5) SL@ the most recent high( 17 pips) TP@ the same amount of SL After gaining 10 pips I put SL@BE+spread. Unfortunately, GU exited with spread Let's wait for the next setup Sai Ram {image}
Hi, Sriloba! What about the system? Are you still testing it or are you thinking over a new idea? Now, I'm surching an information about a trend following system, but sculping on M1. There are many systems, but I didn't find what I'm looking for. I'm thinking over an usage of renko or range bars to elliminate the market noise. If you have any suggestion - please share! It will be helpfull!!! Thanks!
  • #450
  • Nov 5, 2019 2:20pm Nov 5, 2019 2:20pm
Hi, Sriloba! What about you? We are waiting for you to appear and write something about your trend following system!
Please, response! Thanks in advance!
  • #451
  • Nov 11, 2019 3:40pm Nov 11, 2019 3:40pm
Quoting NatashaM
{quote} Hi, Sriloba! Thanks very much for sharing this latest version of the system! But what do you think to use it for scalping - lets say HTF - 15 or I think it is better 5 min TF, and LTF - 1 min? Then we use a trend following system too - we enter in the direction of the main trend and in the same time we are using the opened oportunity to surf at once without wasting time. The other very important positive thing is we can enter several times - I think we can enter about 10 times per day on 1 min TF and grib 7 - 10 pips per every entry. In...
How should i set CCI because i can see you have line for 0 but my own i have the lines for -100 and 100
  • #452
  • Feb 7, 2020 3:00pm Feb 7, 2020 3:00pm
Quoting sriloba
Hi, H4: Determine the big trend LTFs(M30,M15,M5): Enter a trade and confirm the direction of the immediate HTF. HTF----LTF H1-----M30, M15 M15---M5 Today one trade on GU Let's see my analysis. H4: Trend TBL is RED confirmed Tetragram tall bar RED --- Downtrend M15: 1) TBL was RED 2) Tetragram displayed tall bar 3) Vostro was above 80 4) CCI went above ZERO then cross below ZERO 5) TBL HTF is RED SELL=1)+2)+3)+4)+5) SL@ the most recent high( 15 pips) TP@ the same amount of SL Price reached TP and GU exited with +15 pips Let's wait for the next setup....
Hi, Sriloba! You didn't appear yet to discuss the results! What about the latest version of your system? We really miss your professional opinion in order to confirm the results. What do you think? Nobody is sharing the test of the strategy, so I'm waiting for your answer!
Thank you in advance!
  • #453
  • Feb 28, 2020 11:03am Feb 28, 2020 11:03am
Quoting NatashaM
{quote} Hi, Sriloba! You didn't appear yet to discuss the results! What about the latest version of your system? We really miss your professional opinion in order to confirm the results. What do you think? Nobody is sharing the test of the strategy, so I'm waiting for your answer! Thank you in advance!
Nobody is appear to share the results - its a pitty! I'd like to write here - the results are so promissing! I have already a hope - the good things are happening.
If you like - share your results too in order to discuss togather - it will be better indeed!
Have a good luck, dear traders!
Thank you, Sriloba for everything, thank you very much!!!
  • #454
  • Feb 29, 2020 8:51am Feb 29, 2020 8:51am
Quoting NatashaM
{quote} Nobody is appear to share the results - its a pitty! I'd like to write here - the results are so promissing! I have already a hope - the good things are happening. If you like - share your results too in order to discuss togather - it will be better indeed! Have a good luck, dear traders! Thank you, Sriloba for everything, thank you very much!!!
Can you share your HTF/LTF combination, your main trading instruments and overall win ratio?
And what template are you using at the moment?
  • #455
  • Mar 2, 2020 11:52am Mar 2, 2020 11:52am
Quoting doldante
{quote} Can you share your HTF/LTF combination, your main trading instruments and overall win ratio? And what template are you using at the moment?
Hi, I follow 445 post of Sriloba with all details - first H4 , then M15 , etc...... I'm using 28 forex pairs - I mean majors and many crosses. The ratio is 1:1, because having in mind all my experience it is very difficult to achieve 1:1,5 or 1:2. So I use 1:1. While waiting for a higher ratio the trend is changing and so many times i'm a loser in that way.
The template I use is shared by Sriloba in the same post.
  • #456
  • Mar 6, 2020 8:02am Mar 6, 2020 8:02am
Hi, traders! Today - 10 successfull and 2 negative trades - it is 83% successfull system. I've promissed to share - so it is very promissing. Every trade about 15 - 20 green pips - it depends of the pair and where is the SL. TP = SL.
If anybody wants to share - please write down.
  • #457
  • Mar 13, 2020 1:30pm Mar 13, 2020 1:30pm
Hi, as I've promissed - today 10 successfull and 3 negative trades - it is about 77% success! It is really a promissing system, but today there was a great volatility on the markets. I'm afraid about the results when the markets is ranging, because the system is a trend following one. Is there anybody to share a result, please, write and discuss!
  • #458
  • Mar 17, 2020 10:36pm Mar 17, 2020 10:36pm
Hi, Do u have RideUrWave for MT5?

Marcelo
  • #459
  • Mar 19, 2020 4:38pm Mar 19, 2020 4:38pm
Quoting msodrep
Hi, Do u have RideUrWave for MT5? Marcelo
No, I have not, I'm sorry!!! Only for MT4.
  • #460
  • Apr 18, 2020 8:07pm Apr 18, 2020 8:07pm
Quoting sriloba
Hi, H4: Determine the big trend LTFs(M30,M15,M5): Enter a trade and confirm the direction of the immediate HTF. {image} {file} {file} {file}
You do a wonderful job and yet ask for nothing in return, thanks for the wonderful dedication in helping traders make profits. Hope to learn more from you.
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