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Trend Following Scalping Method (H1 & M5)

  • #21
  • Sep 18, 2020 2:38am Sep 18, 2020 2:38am
USDJPY - SHORT & GBPUSD- LONG trade setup
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY GBPUSD.JPG Size: 95 KB
  • #22
  • Sep 18, 2020 3:07am Sep 18, 2020 3:07am
Quoting Fx-ken
USDJPY - SHORT & GBPUSD- LONG trade setup {image}

GBPUSD cancel trade, close below EMA21.

USDJPY still waiting for price reach sell price
  • #23
  • Sep 18, 2020 4:45am Sep 18, 2020 4:45am
USDJPY Hit TP1

GBPUSD re-entry long trade
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY GBPUSD.JPG Size: 89 KB
  • #24
  • Sep 18, 2020 5:04am Sep 18, 2020 5:04am
Quoting Fx-ken
USDJPY Hit TP1 GBPUSD re-entry long trade {image}
GBPUSD SL HIT

notes: I close some position when reach 10 pip profit
  • #25
  • Sep 18, 2020 5:27am Sep 18, 2020 5:27am
I have written an implementation of this strategy in a robot for the cTrader platform.

To know more about cTrader see:
http://ctrader.com
http://help.ctrader.com

I have carried out backtests for several symbols.
Period of the backtest: 2018-1-1 to 2020-1-1
Initial capital 10000 EUR. Fixed lot size 0.01. Unrestricted trading hours.
See captures below.
Using restricted trading hours from 8:00 to 17:00 the results are just as bad.

The results clearly show that this strategy is not profitable at all. You may hit a streak of wins, but in the long term is not profitable.

I attach the robot, with source code, and the manual. Before you ask questions about the robot please read the manual.
If you know how to program and you manage to make this robot profitable, or you find a symbol that is profitable, please let me know.

If you trade "by hand" I would advise you not to waste your life and your money with this strategy.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUD-M5.png Size: 98 KB
Click to Enlarge Name: EURGBP-M5.png Size: 114 KB
Click to Enlarge Name: EURUSD-M5.png Size: 123 KB
Click to Enlarge Name: GBPUSD-M5.png Size: 137 KB
Click to Enlarge Name: USDCAD-M5.png Size: 117 KB
Click to Enlarge Name: USDCHF-M5.png Size: 118 KB
Attached File(s)
File Type: zip TrendScalperV1.0.zip   633 KB | 265 downloads
  • #26
  • Sep 18, 2020 6:48am Sep 18, 2020 6:48am
Quoting Sudislavi
I have written an implementation of this strategy in a robot for the cTrader platform. To know more about cTrader see: http://ctrader.com http://help.ctrader.com I have carried out backtests for several symbols. Period of the backtest: 2018-1-1 to 2020-1-1 Initial capital 10000 EUR. Fixed lot size 0.01. Unrestricted trading hours. See captures below. Using restricted trading hours from 8:00 to 17:00 the results are just as bad. The results clearly show that this strategy is not profitable at all. You may hit a streak of wins,...
Hi thx for the input

I will try 100 trades manually then will see how it works.

If its not profitable we can just forget the strategy.
  • #27
  • Sep 18, 2020 1:50pm Sep 18, 2020 1:50pm
Quoting Sudislavi
I have written an implementation of this strategy in a robot for the cTrader platform. To know more about cTrader see: http://ctrader.com http://help.ctrader.com I have carried out backtests for several symbols. Period of the backtest: 2018-1-1 to 2020-1-1 Initial capital 10000 EUR. Fixed lot size 0.01. Unrestricted trading hours. See captures below. Using restricted trading hours from 8:00 to 17:00 the results are just as bad. The results clearly show that this strategy is not profitable at all. You may hit a streak of wins,...
Interesting........post something that works,or i have a better idea,dive into each user's thread/strategy....and try automating it,oh boy robots are so awesome,maybe it better than the human brain thats why everyone make money with EAs lol....they are super profitable....hahahaha....i admire the time taken from thread starters and how they exploit a strategy trying to find an EDGE,great work FX-KEN ,keep forwarding testing,i will help you do 1 million trades not 100...........you can take your EA and follow Perseverance to 300 million miles to mars! IDIOT!
  • #28
  • Sep 18, 2020 10:16pm Sep 18, 2020 10:16pm
Yesterday Trade:

USDJPY
TP2 hit

EURJPY (miss the trade)
TP2 hit

GBPUSD
SL Hit

other pairs are sideway yesterday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY.JPG Size: 103 KB
Click to Enlarge Name: USDJPY TP@.JPG Size: 100 KB
Click to Enlarge Name: GBPUSD.JPG Size: 98 KB
  • #29
  • Sep 20, 2020 2:49am Sep 20, 2020 2:49am
9 - 15 sep eurusd trade setup
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 9 SEP EURUSD.JPG Size: 100 KB
Click to Enlarge Name: 10 SEP EURUSD.JPG Size: 97 KB
Click to Enlarge Name: 11 SEP EURUSD.JPG Size: 103 KB
Click to Enlarge Name: 14 SEP EURUSD.JPG Size: 106 KB
Click to Enlarge Name: 15 SEP EURUSD.JPG Size: 111 KB
  • #30
  • Sep 20, 2020 4:39am Sep 20, 2020 4:39am
just to show a different perspective all in m5.
dotted h1 ema adjusted in m5.
white day open horizontal line as filter.
macd telling the same story as ema, but with added divergence info.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-09-14 00_43_44-GBPLFX,Weekly.png Size: 36 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #31
  • Sep 20, 2020 5:38am Sep 20, 2020 5:38am
Quoting Inthebox
just to show a different perspective all in m5. dotted h1 ema adjusted in m5. white day open horizontal line as filter. macd telling the same story as ema, but with added divergence info. {image}
thx for the input,

what is the setting for dotted H1 EMA in m5 & MACD?
does MACD will help the increase the probility of our trade?
  • #32
  • Sep 20, 2020 6:02am Sep 20, 2020 6:02am
Quoting Fx-ken
{quote} thx for the input, what is the setting for dotted H1 EMA in m5 & MACD? does MACD will help the increase the probility of our trade?
you can use mtf ma indicator or simply 96 (8x12) and 252 (21x12) in m5.
divergence (regular and hidden) increases probability to two third of the time and more with mtf divergence.
macd, rsi, cci show divergence.
check out the thread, hidden divergence, if you want to find out more.
ITB - Seeing Orderliness amongst 'Randomness'
  • #33
  • Sep 20, 2020 8:04am Sep 20, 2020 8:04am
Quoting Inthebox
{quote} you can use mtf ma indicator or simply 96 (8x12) and 252 (21x12) in m5. divergence (regular and hidden) increases probability to two third of the time and more with mtf divergence. macd, rsi, cci show divergence. check out the thread, hidden divergence, if you want to find out more.
I will check it out
Thx for the info
  • #34
  • Sep 20, 2020 9:09pm Sep 20, 2020 9:09pm
maybe something happening. down bias.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-09-14 00_43_44-GBPLFX,Weekly.png Size: 42 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #35
  • Sep 20, 2020 9:32pm Sep 20, 2020 9:32pm
Quoting Inthebox
maybe something happening. down bias. {image}
similar in USDJPY,
H1 trend down
M5 retrace and going bearish

but I don't take JPY pair until London open bcz right now Japan bank holiday
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.JPG Size: 86 KB
  • #36
  • Sep 21, 2020 2:05am Sep 21, 2020 2:05am
Quoting Inthebox
{quote} you can use mtf ma indicator or simply 96 (8x12) and 252 (21x12) in m5. ~~

So whilst they are not the same, you've found it to be close enough?
Good Trading
  • #37
  • Sep 21, 2020 2:26am Sep 21, 2020 2:26am
EURJPY short trade hit TP2
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.JPG Size: 92 KB
  • #38
  • Sep 21, 2020 2:53am Sep 21, 2020 2:53am
Quoting Inthebox
maybe something happening. down bias. {image}
straight down after london open.

Attached Image (click to enlarge)
Click to Enlarge Name: 2020-09-14 00_43_44-GBPLFX,Weekly.png Size: 44 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #39
  • Sep 21, 2020 3:03am Sep 21, 2020 3:03am
Quoting aud
{quote} So whilst they are not the same, you've found it to be close enough?
yes. above chart showed one below the other and so long as EMAs indicated pointing downwards.
however mtf horizontal line still can move up and down until the hour closes.
ITB - Seeing Orderliness amongst 'Randomness'
  • #40
  • Sep 21, 2020 3:52am Sep 21, 2020 3:52am
USDJPY trade setup (before london open)

2 of them reach TP 1 and BE

the last one hit SL

there's one more entry setup before London open but the EMA still not clear.

notes:
I don't take any trade on USDJPY today, only take EURJPY
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.JPG Size: 78 KB
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