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1H Swing Trading on EURUSD

  • #781
  • Jun 15, 2020 1:13am Jun 15, 2020 1:13am
Quoting tnavi
{quote} congrats for your numbers bro!
Gracias amigo !

But you're anticipating a bit, those are only floating profits until the trades are close, but I will do my best to ride the trend to the maximum.
Simplicity is the Ultimate Sophistication.
  • #782
  • Jun 15, 2020 1:31pm Jun 15, 2020 1:31pm
Quoting broketrader
{quote} Gracias amigo ! But you're anticipating a bit, those are only floating profits until the trades are close, but I will do my best to ride the trend to the maximum.
Well now you see, always expect the unexpected !

I did not much things wrong this time except being a bit overloaded but my position was good from the beginning and also trading on the retracement just to see that the retracement was a reversal.
Simplicity is the Ultimate Sophistication.
  • #783
  • Jun 15, 2020 1:48pm Jun 15, 2020 1:48pm
Quoting broketrader
{quote} Well now you see, always expect the unexpected ! I did not much things wrong this time except being a bit overloaded but my position was good from the beginning and also trading on the retracement just to see that the retracement was a reversal.
Is there no way to all i your system a part get out or close of positions? For example, in my system statistically 81% of my wins will result in the opportunity to take 100 pips. But so I never miss a win, and I gain a bit from some positions which would normally lose, I close half my trades at 50-60 pips then the idea is the other half are closed at 100+ pips.

Could you not have closed half your positions at 70-80 pips because you had more sizeable trades than normal, and then at least you were guaranteeing some profit or return from the trade?

Just feel that your trade and signal was good and seems there was a good opportunity to make some profit and still have plenty left if the trend continued. Would be interested in hearing your thoughts on this.
  • #784
  • Jun 15, 2020 5:24pm Jun 15, 2020 5:24pm
Quoting Gofitty
{quote} Is there no way to all i your system a part get out or close of positions? For example, in my system statistically 81% of my wins will result in the opportunity to take 100 pips. But so I never miss a win, and I gain a bit from some positions which would normally lose, I close half my trades at 50-60 pips then the idea is the other half are closed at 100+ pips. Could you not have closed half your positions at 70-80 pips because you had more sizeable trades than normal, and then at least you were guaranteeing some profit or return from the...
You are right and for this particular trade yes, I could have taken some partial profits given that I had entered more than usual but that was not my plan initially, I just wanted to ride the trend and it failed and I accept that. I don't want to start adding "if's" to the system, if this... if that, you see ? Just trade it as it is and accept any outcome, being it a loss, leaving money on the table, etc...

I'm convinced that the only way to become consistent in my trading is to not deviate from the system and particularly during difficult setups so I totally accept the loss given that the trend just reversed.

What I really did wrong here is that I added on the second reversal while I should have kept the initial trade intact.

Hopefully tomorrow is a new day and there will be new trends to trade.
Simplicity is the Ultimate Sophistication.
  • #785
  • Jun 15, 2020 5:38pm Jun 15, 2020 5:38pm
That’s fair enough, you’ve got to be true to your system and play it as you made it.
  • #786
  • Jun 16, 2020 1:57am Jun 16, 2020 1:57am
Quoting broketrader
That's all for the description and rules. If you want to give it a try, I would be glad to hear from, or help you if needed. PS. Posts #2 to #178 show the original system when SMA and SRSI were charted separately. The actual system merges both indicators into one shown on the price window, it tests the condition of a new trend and changes the SMA and fill color between SMA and price when it detects one. Note also that I was using SMA-100 at the beginning and this was then changed later to SMA-96, so don't get confused if you see in the earlier posts...
Hello guys, I was wondering if anyone is having problems with the mt4 smaSRS196-V8 indicators. I had mine installed but it suddenly stopped uploading and is blank. Please can someone tell me what I'm doing wrong. I tried the latest version and others but its still not showing. what am I missing here.
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  • #787
  • Jun 16, 2020 3:23am Jun 16, 2020 3:23am
Quoting Cossy
{quote} Hello guys, I was wondering if anyone is having problems with the mt4 smaSRS196-V8 indicators. I had mine installed but it suddenly stopped uploading and is blank. Please can someone tell me what I'm doing wrong. I tried the latest version and others but its still not showing. what am I missing here. {image}
On my terminal they work correctly. Do you have any error message in the "Experts" or "Journal" tabs ?

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Simplicity is the Ultimate Sophistication.
  • #788
  • Jun 16, 2020 4:08am Jun 16, 2020 4:08am
Quoting Cossy
{quote} Hello guys, I was wondering if anyone is having problems with the mt4 smaSRS196-V8 indicators. I had mine installed but it suddenly stopped uploading and is blank. Please can someone tell me what I'm doing wrong. I tried the latest version and others but its still not showing. what am I missing here. {image}
They work on my side also, but after some time they enter in some sort of calculation/memory loop (looks like a distorted sine wave on the "used memory" graph..), leading to a freezed mt4 so I switched to TV. These problems might be related, no idea.
  • #789
  • Jun 16, 2020 4:39am Jun 16, 2020 4:39am
hello, is there an mt5 indicator for this system?
  • #790
  • Jun 16, 2020 9:44am Jun 16, 2020 9:44am
Sorry for distracting, how can i download trading view platform ?
i get tired of trying
good luck
  • #791
  • Jun 16, 2020 9:54am Jun 16, 2020 9:54am
Quoting tito5615104
Sorry for distracting, how can i download trading view platform ? i get tired of trying
On a PC, go to https://www.tradingview.com/
On mobile, search for it in PlayStore and I think iTunes Apple.
You need to setup a tradingview account (free) see this post.
Simplicity is the Ultimate Sophistication.
  • #792
  • Jun 16, 2020 10:26am Jun 16, 2020 10:26am
Quoting broketrader
{quote} On a PC, go to https://www.tradingview.com/ On mobile, search for it in PlayStore and I think iTunes Apple. You need to setup a tradingview account (free) see this post.
done..
Thanks broketrader
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good luck
  • #793
  • Jun 17, 2020 3:03am Jun 17, 2020 3:03am
I was waiting the close to close all my entries... and... have you see that hour candle retracing in the last 5 mins ?
The proof again that the close is really important, let's see now if the rejection of the SMA is confirmed in the next hours...

Attached Image
Simplicity is the Ultimate Sophistication.
  • #794
  • Jun 17, 2020 9:06am Jun 17, 2020 9:06am
Quoting broketrader
{quote} On my terminal they work correctly. Do you have any error message in the "Experts" or "Journal" tabs ? {image}
From the experts it shows loaded successfully. Does it select systems? I've tried to reinstall the mt4 again but its still the same problem
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  • #795
  • Jun 17, 2020 9:27am Jun 17, 2020 9:27am
Quoting Cossy
{quote} From the experts it shows loaded successfully. Does it select systems? I've tried to reinstall the mt4 again but its still the same problem {image}
sorry but I have no clue about what's going on in your terminal, it's a long time now that I don't use MT4, if anyone can help, please, don't hesitate.
Simplicity is the Ultimate Sophistication.
  • #796
  • Jun 17, 2020 9:34am Jun 17, 2020 9:34am
Quoting Cossy
{quote} From the experts it shows loaded successfully. Does it select systems? I've tried to reinstall the mt4 again but its still the same problem {image}
HI Cossy, minimise the number of max bar back in input o let say 1000 instead of 4800.
  • #797
  • Jun 17, 2020 10:54pm Jun 17, 2020 10:54pm
Quoting Lebaneese
{quote} HI Cossy, minimise the number of max bar back in input o let say 1000 instead of 4800.

I just tried this out and its working again. I really appreciate your help. Guys thanks for the contribution to the thread its a simple but very profitable one.
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  • #798
  • Jun 18, 2020 4:24am Jun 18, 2020 4:24am
Hi guys!
How are you?
So i need a little help... i read the 1 post and a couple pages more and i stiil dont understand the strategy
Can someone please give me a quick explanation on how and why do we enter and what tools do we use? How this strategt actually works?

Thank you
Jan
  • #799
  • Jun 19, 2020 4:05am Jun 19, 2020 4:05am
Previous hour just closed on the trend-line.
Next couple hours will decide if the trend terminates here or not... watching...

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Simplicity is the Ultimate Sophistication.
  • #800
  • Jun 19, 2020 7:47am Jun 19, 2020 7:47am
I think that that was all for trend 20-18, of course, the close must still confirm that.

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The retracement was so strong that of course there was some money left on the table but that's inevitable and I have no problem with that. I still made a profit of 2K on the whole operation and given that the trend was apparently only a retracement, I'm happy with the result.

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Simplicity is the Ultimate Sophistication.
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