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Daily Trading Strategy [ADR + RSI = High Probability]

  • #281
  • Aug 9, 2020 3:00am Aug 9, 2020 3:00am
Got the EA version of this nearly complete, entry system is sorted, just need to work the SL and TP for it.

Has anyone got any recommendations for good currency pairs to try out for back-testing? What have people had success with?
Alistair
  • #282
  • Aug 9, 2020 4:31am Aug 9, 2020 4:31am
Quoting aliswee
Got the EA version of this nearly complete, entry system is sorted, just need to work the SL and TP for it. Has anyone got any recommendations for good currency pairs to try out for back-testing? What have people had success with?
I did a quick visual backtest with EURGBP and the results seemed to be promising with a r:r of 1:1 (except the highly volatile period during March/April).
  • #283
  • Aug 9, 2020 5:47am Aug 9, 2020 5:47am
Quoting aliswee
Got the EA version of this nearly complete, entry system is sorted, just need to work the SL and TP for it. Has anyone got any recommendations for good currency pairs to try out for back-testing? What have people had success with?

In my opinion, the couple does not matter. What I noticed ADR is not a 100% signal. For me, ADR is a minimum achievement after which I am looking for an entrance.
I noticed that when price breaks out of ADR strongly, the price only goes back to the ADR level.
I keep my thumb for EA, I wish it would work.
  • #284
  • Aug 9, 2020 7:53am Aug 9, 2020 7:53am
Quoting meck1
we mentioned it would be easier to backtest if the ADR showed past data, but it doesnt. So if you have an ADR indicator which shows past values, by all means do share , it will save us alot of time. until then il just post daily and hopefully brainstorm trades which dont work and how we can tweek them in the future.
Here's the adr that shows some past values. Cheers.
Attached File(s)
File Type: ex4 R4M-ADRIndi.ex4   35 KB | 770 downloads
Know what you trade
  • #285
  • Aug 9, 2020 10:08am Aug 9, 2020 10:08am
Jarass1080, would you mind sharing your indicators and template, its awesome, Cliff
  • #286
  • Aug 9, 2020 10:16am Aug 9, 2020 10:16am
Quoting PipBros
Why do so many want to sit back and wait for an EA? Trading takes work, there is no such thing as free lunches in the market. It took me 8 years to develop a portfolio of automated equity strategies why not load the indicators and test the strategy? ... understand what the edge is
Making EAs is definitely not sitting back and I think it's a misconception to say that using an EA is sitting back. First you have to trust that this EA some random guy posted on a forum will actually work, even in draw down; then you've got to backtest, optimize but don't overoptimize, pay for a vps etc.

Making it in Forex requires work, whichever way you spin it.
Alistair
  • #287
  • Aug 9, 2020 10:46am Aug 9, 2020 10:46am
Quoting BWilliam
{quote} Here's the adr that shows some past values. Cheers. {file}
You're a the best bro really appreciate.
"Cut your loses short and let the winners Run"
  • #288
  • Aug 9, 2020 11:04am Aug 9, 2020 11:04am
[quote = Jarass1080; 13104907] {quote} Moim zdaniem para nie ma znaczenia. To co zauważyłem ADR nie jest sygnałem w 100%. Dla mnie ADR to minimum, po którym szukam wejścia. Zauważyłem, że gdy cena mocno wybija się z ADR, cena wraca tylko do poziomu ADR. Trzymam kciuk za EA, chciałbym, żeby to zadziałało. [/ Quote]

ADR is often punctured without correction.
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  • #289
  • Aug 9, 2020 11:18am Aug 9, 2020 11:18am
[quote = meck1; 13105070] {quote} Jesteś najlepszym bratem, naprawdę doceniasz. [/ quote]

I confirm and also appreciate it
  • #290
  • Aug 9, 2020 2:30pm Aug 9, 2020 2:30pm
[quote = cpfleger; 13105053] Jarass1080, czy mógłbyś podzielić się swoimi wskaźnikami i szablonem, jest niesamowity, Cliff [/ quote]

The indicators and template are on page # 1. The settings are fine, I use them as is. The whole topic about this template.
  • #291
  • Aug 9, 2020 6:40pm Aug 9, 2020 6:40pm
Looks like the signals from Friday are still active.
Eur Nzd
Nzd chf
NzdCad
  • #292
  • Aug 9, 2020 11:15pm Aug 9, 2020 11:15pm
PLEASE make this indicator to follow the trend of weekly chart and prints the arrow,it prints the arrow of current time frame retracemnet,i want this indcator to print arrow when retracement happens in weekly chart,thanks.could it be MTF or same as ogt candle indicator,i like the idea of candle pattern gives signal only when the PA follows the EMA trend,thanks,i hope i could explain the requiremnet properly,thanks again zoheb!
Attached File(s)
File Type: mq4 Synergy_APB Mod with MA filter Alerts 1.0.mq4   20 KB | 428 downloads
File Type: ex4 Synergy_APB Mod with MA filter Alerts 1.0.ex4   26 KB | 440 downloads
  • #293
  • Aug 10, 2020 12:44am Aug 10, 2020 12:44am
[quote = Jarass1080; 13105358] Wygląda na to, że sygnały z piątku są nadal aktywne. Eur Nzd Nzd chf NzdCad [/ cytat]

It's going to be an interesting week.Attachment GAttachment G
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  • #294
  • Aug 10, 2020 1:46am Aug 10, 2020 1:46am
[cytat = Jarass1080; 13105082] [cytat = Jarass1080; 13104907] {quote} Moim zdaniem para nie ma znaczenia. Żeby co zauważyłem ADR nie jest sygnałem w 100%. Dla mnie ADR do minimum, po którym szukam wejść. Zauważyłem, że gdy cena mocno wybija się z ADR, cena wraca tylko do poziomu ADR. Trzymam kciuk za EA, chciałbym, żeby żeby zadziałało. [/ Quote] ADR jest często przebijany bez korekty. {image} [/ quote]


Good forecast.
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  • #295
  • Aug 10, 2020 4:10am Aug 10, 2020 4:10am
Has anyone managed to catch it?
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  • #296
  • Aug 10, 2020 7:13am Aug 10, 2020 7:13am
In anticipation of an important event !!!

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  • #297
  • Aug 10, 2020 7:22am Aug 10, 2020 7:22am
CADCHF on the watch list for reversal/retracement
Early bird gets the worm
  • #298
  • Aug 10, 2020 7:28am Aug 10, 2020 7:28am
[quote = forexbandit7; 13106344] CADCHF na liście obserwacyjnej dla cofnięcia / zniesienia [/ quote]

Good job bro
  • #299
  • Aug 10, 2020 7:58am Aug 10, 2020 7:58am
[quote = forexbandit7; 13106344] CADCHF na liście obserwacyjnej dla cofnięcia / zniesienia [/ quote]

Looking at my M15 / M30 analysis, the ADR is visible. I would also like to emphasize that there is still a strong tred . And I can see the stronger ADR marked with the white line above
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  • #300
  • Aug 10, 2020 10:03am Aug 10, 2020 10:03am
[quote = forexbandit7; 13106344] CADCHF na liście obserwacyjnej dla cofnięcia / zniesienia [/ quote]

You have a nose !!
I am asking for more such signals !!!
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