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Magic 100

  • #1,261
  • Aug 13, 2020 1:56pm Aug 13, 2020 1:56pm
Using this on m1 chart on volatile pairs, i like Dax and US30 at 7am euro open on m1 chart. easily 20-50 pips a day for an hour work.
  • #1,262
  • Aug 13, 2020 2:04pm Aug 13, 2020 2:04pm
Quoting dazjw2311
{quote} Heres a picture , its obviously opposite on buying EMAs are 50, 13 and 7 not 100 as i put in picture , my mistake {image}

oh and best set ups occur when the candle is close to 7 and 13ema, even better resisting the 7ema. Loads of opportunities on m1 chart but works on higher time frames
  • #1,263
  • Aug 13, 2020 2:08pm Aug 13, 2020 2:08pm
Quoting dazjw2311
{quote} oh and best set ups occur when the candle is close to 7 and 13ema, even better resisting the 7ema. Loads of opportunities on m1 chart but works on higher time frames

Its based on these patterns
Attached Image
  • #1,264
  • Aug 13, 2020 2:17pm Aug 13, 2020 2:17pm
EA UPDATE: Version 14 (FOLKS from please PM me with EA issue)

Download is ready at:
https://github.com/xmess7/Magi100

Hi folks, its been a while. Obligations have kept me away from trading. However I do check to see if there is any assistance needed for the EAs. So this one was a simple upgrade. Users reported that EA would close pending order after every candle close, no matter the color. The code was updated to now only close the candle if a new signal appears. Keep in mind that the EA will close any unfilled pending orders at the end of your broker day.

Questions/Comments just send me a PM

Health and safety to all.
Jess
PS: Latest EA version and info can be found at https://github.com/xmess7/Magi100
Attached File(s)
File Type: txt POST_MAG100EA_UPLOAD.txt   < 1 KB | 335 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #1,265
  • Aug 13, 2020 2:35pm Aug 13, 2020 2:35pm
Simple nice strategy. With good risk reward ratio which will help to win in long term.
  • #1,266
  • Aug 13, 2020 3:15pm Aug 13, 2020 3:15pm
Quoting dazjw2311
{quote} Heres a picture , its obviously opposite on buying EMAs are 50, 13 and 7 not 100 as i put in picture , my mistake {image}
PLEASE open your own thread, this has nothing to do with this system!! Or do you want that someone clutters your thread with a completely other system??
Why do you post a M1 system that has absolutely nothing to do with the 100EMA? I don't get it...
  • #1,267
  • Aug 13, 2020 3:21pm Aug 13, 2020 3:21pm
Quoting dazjw2311
Using this on m1 chart on volatile pairs, i like Dax and US30 at 7am euro open on m1 chart. easily 20-50 pips a day for an hour work.
If you make 20-50 pips a day, please open a trade explorer and show us the performance. You can look at mine and see how good the Magic100 is...

BTW, you will NEVER be profitable long term on M1...
  • #1,268
  • Aug 13, 2020 3:29pm Aug 13, 2020 3:29pm
Quoting dazjw2311
i got a really good 1m system using this if anyone is interested. Been testing it for a while using the last up/down candle. Ill do a video and post it
Open a thread and post it there!
  • #1,269
  • Aug 13, 2020 3:34pm Aug 13, 2020 3:34pm
Quoting xmess7
EA UPDATE: Version 14 (FOLKS from please PM me with EA issue) Download is ready at: https://github.com/xmess7/Magi100 Hi folks, its been a while. Obligations have kept me away from trading. However I do check to see if there is any assistance needed for the EAs. So this one was a simple upgrade. Users reported that EA would close pending order after every candle close, no matter the color. The code was updated to now only close the candle if a new signal appears. Keep in mind that the EA will close any unfilled pending orders at the end...
Thanks for your effort, but to trade this system profitably you need experience, screen time and manual entries. You cannot let an EA take every entry according to the rules, won't work...
  • #1,270
  • Aug 13, 2020 3:43pm Aug 13, 2020 3:43pm
I'm quite your opinion, this is about magic 100
  • #1,271
  • Aug 13, 2020 3:58pm Aug 13, 2020 3:58pm
Quoting Olarion1975
{quote} I only traded 3 pairs today: NZDUSD, NZDJPY and GBPCHF. But with multiple positions and partial closes, so that could be the reasons for that many trades.
Hi Olarion1975, when you have time, Could you pls share your NZDUSD and NZDJPY trades.. Thanks
  • #1,272
  • Aug 13, 2020 4:02pm Aug 13, 2020 4:02pm
Quoting Olarion1975
{quote} If you make 20-50 pips a day, please open a trade explorer and show us the performance. You can look at mine and see how good the Magic100 is... BTW, you will NEVER be profitable long term on M1...
I agree that is harder but saying that you cannot make money on the 1m is like if i say that you cannot male money on the 1 h. Why is possible on the 1 hour and is not in lower timeframes.

sorry i do not agree with that statement

anyway good trading to you
  • #1,273
  • Aug 13, 2020 4:17pm Aug 13, 2020 4:17pm
Quoting Frag8383
{quote} I agree that is harder but saying that you cannot make money on the 1m is like if i say that you cannot male money on the 1 h. Why is possible on the 1 hour and is not in lower timeframes. sorry i do not agree with that statement anyway good trading to you
The noise on lower timeframes like M1 is extreme, not so on H1. Every professional trader (and I know quite a few) will tell you that M5 and M1 is nearly impossible to trade profitably. Even for me with over 10 years of trading experience, it is difficult to trade M15 profitably. I do it from time to time, but only when H1 lacks of volume/clear movements. Everything below M15 is financial suicide.
  • #1,274
  • Aug 13, 2020 5:08pm Aug 13, 2020 5:08pm
Quoting Vivi-l
{quote} Hi Olarion1975, when you have time, Could you pls share your NZDUSD and NZDJPY trades.. Thanks
Check his trade explorer's trades. You can see them all there.
  • #1,275
  • Aug 13, 2020 7:54pm Aug 13, 2020 7:54pm
Quoting Olarion1975
{quote} Thanks for your effort, but to trade this system profitably you need experience, screen time and manual entries. You cannot let an EA take every entry according to the rules, won't work...
There is no need to thank me. I do this out of pure love for programming/trading (open source all the way).

As stated in my previous posts. The EA is a tool. If used properly it can yield the results you desire.
It's the part that does the trading FOR YOU, the strategy of trade placement is still up to the trader.

If used properly I can guarantee you, that you will SLEEP better when executing trades(if you live on the western part of the globe that is more likely) LOL.

PEACE and HEALTH to all
JESS
Our AWESOME IMAGINATION is the true holy grail!
  • #1,276
  • Edited 4:42am Aug 14, 2020 12:40am | Edited 4:42am
Quoting xmess7
{quote} If used properly it can yield the results you desire ... JESS
Hi Jess,
Trade hour : is it GMT or Broker or Local time that is detected please ?
Thanks and cheers

Add pips at pending orders at the High / Low and not at the close of candle -1 please
Attached Image (click to enlarge)
Click to Enlarge Name: Jess.PNG Size: 27 KB

jf
  • #1,277
  • Aug 14, 2020 12:52am Aug 14, 2020 12:52am
Quoting Juri
i have this one on my WL...the area is looking good and the 100EMA with a good angle. I will wait for a nice small green candle for my stop entry {image}
I put my trade to be. Its kinda sort of resistance down there. But i must say: i am very confident with the entry style. If the price goes in our way, we have the ticket to ride. If not, we are just on the save sideline and heading to another opportunitys
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH1.png Size: 55 KB
Pressure shapes Legends
  • #1,278
  • Aug 14, 2020 4:07am Aug 14, 2020 4:07am
Quoting xmess7
EA UPDATE: Version 14 (FOLKS from please PM me with EA issue) Download is ready at: https://github.com/xmess7/Magi100 Hi folks, its been a while. Obligations have kept me away from trading. However I do check to see if there is any assistance needed for the EAs. So this one was a simple upgrade. Users reported that EA would close pending order after every candle close, no matter the color. The code was updated to now only close the candle if a new signal appears. Keep in mind that the EA will close any unfilled pending orders at the end...
Hello I wanted to know if the bot can be put in different graphs, so my idea is to put the bot in h1, h4 and daily simultaneously. I have tried changing the magic number but the maximum is 2, I mean h1 and daily only, but h4 won't let me, only 2 graphs, thanks

  • #1,279
  • Aug 14, 2020 4:52am Aug 14, 2020 4:52am
I find this method interesting to make some short term gain and i am using this in m 5 chart
  • #1,280
  • Aug 14, 2020 5:39am Aug 14, 2020 5:39am
Another good, profitable day. Done for the week
Attached Image (click to enlarge)
Click to Enlarge Name: tempsnipa.png Size: 30 KB
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