Update.
All matrix info now in Pips only.
All matrix info now in Pips only.
Attached File(s)
4
Simple easy LOPEN strategy (eurusd) 46 replies
Very simple EA open trade at open of next candle 3 replies
Creating a Simple Daily Open Price Strategy EA 1 reply
Win 2 trades out of 10 and win 180 pips 8 replies
North Finance under DOS Attack 27 replies
DislikedHello, how would you have done here or would that have been a minus?{image}
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Dislikedhi folks, not sure if it helps anybody..... thought to do a manual test for G/N from 1/1/20 till present on the daily chart..... the average daily range for the last 250 days is 197 pips..... body 100-120 pips; 13 days; average 112 pips max body 121-140 pips; 13 days; average 86 pips max body 141-160 pips; 12 days; average 68 pips max body 161-180 pips; 8 days; average 148 pips max body 181-200 pips; 5 days; average 185 pips max body 201+ pips ; 15 days; average 86 pips max price favours our direction between 8 - 417 pips. if you are looking for...Ignored
Disliked{quote} smilee recommends a 150 pip body for GBP/NZD, but from my backtest you can see 100-140 daily bodies are even better plus a lot more trades......who knows what a body under 100 pips might do?? you always need to do manual backtesting to get down to the details......Ignored
Disliked{quote} should not this trade have been closed earlier? right away when profit is 0. Like around 139.00? "Most of the trades in 1st entry will close in TP, but if price goes against the trade, we will open additional trades once a day until we close all open trades as a “basket” of trades when sum of money of the basket is positive."Ignored
Disliked{quote} Doesn't matter whatever body size you use. Soon or later things will go wrong and you need to have a resque plan. So, do you have a plan B ready for that occasion?Ignored
DislikedDOS - Daily Open Strategy Works for every major currency pair, based on Daily bars. No indicators or oscillators needed. Based on more than 10 years of history data check. Martingale strategy. Average Down strategy. Most of the trades in 1st entry will close in TP, but if price goes against the trade, we will open additional trades once a day until we close all open trades as a “basket” of trades when sum of money of the basket is positive. Conditions: If difference in pips between Open to Close (or Close to Open) of previous daily closed bar is...Ignored
Disliked{quote} In this scenario: {image} at candle 1 = sell because the previous candle was green. at candle 2 = sell because the previous candle was green. at candle 3 = sell because the previous candle was green. at candle 4 = sell because the previous candle was green. at candle 5 = sell because the previous candle was green. at candle 6 = the previous candle is red. 1- Why didn't you place an order on this last candle (number 6) ? 2- Was it because the candle number 5 was red (different from the previous: green) ?Ignored
Disliked{quote} easy and I can answer for OP first SELL based on previous large Green candle. at the end of the day, price went further up so the SELL was in drawdown. So next day SELL again, then set the TP for all trades to have BE (all traded combined have 0$ gain/loss) unfortunately, the price went even further up, so at the end of 2nd day, the equity for both trades combined were negative (DD). 3rd day, sell again and reset TP to BE for all trades On 6th day, price were returning to BE point, the DD was reducing, so keep the whole basket unmodified....Ignored
Disliked{quote} Sorry. You didn't answer my question. At opening the candle 6. Would have a SELL or BUY order ???? He didnt open an order, he didnt follow the pattern to open a new order every new day after being in DD. Here i have another example: {image}Ignored