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Highest Open / Lowest Open Trade

  • #15,501
  • Nov 19, 2020 2:36pm Nov 19, 2020 2:36pm
Quoting Thapzafx
Aeson if i want to switch off the risk management on ea is it possible i wanna use small lot
Hi,

Sorry, I will not write about here afterwards to not hijack TooSlow´s amazing thread.
But I made some adjustments to the trade manager.

-Button for AutoBreakEven. When pressed it will trigger after 5 pips automatically
-3 Risk Modes: Percentage (the standard version), FixedLot and Money. All inputs can be defined of course
-PushNotifications
-Trading Hours: Define when to receive alerts
-Comment
-MagicNumber

I´m not familiar with github, but I will contact Aeson on how to share it.

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  • #15,502
  • Nov 20, 2020 7:25am Nov 20, 2020 7:25am
Quoting Aeson
{quote} Nobodies opinion is worthless And as it happens, you are absolutely right! Went back and re-read the Holo.pdf from post #1 and it clearly states short entries at the bid so thanks for clearing that up for me and probably saving me many future pips! Updated version attached and I'll also update the other post with the new version. I've had a few messages regarding adding additional features however I'm not going to do that until I get it posted to GithHub. I will address any high priority bugs like this though. Thanks Anusragger!...
Please WHAT MAGIC NUMBER generate this EA.. thk
  • #15,503
  • Nov 21, 2020 1:13pm Nov 21, 2020 1:13pm
Who is taking the 10 trade challenge the week of November 22, 2020?

During the challenge, you are only to trade the same pair.

Beginners do not get to trade multiple pairs until they have mastered trading one single pair.

GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,504
  • Nov 21, 2020 2:29pm Nov 21, 2020 2:29pm
Hello All, i have question to TooSlow.
I'm trading DAX (GER30).
How do you think, when to move possition to BE?
Do you have any idea how to manage trade on DAX?
Thanx and sorry for bad english
  • #15,505
  • Nov 25, 2020 10:01am Nov 25, 2020 10:01am
EU, first trade stopped out, second +7.

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  • #15,506
  • Nov 25, 2020 1:03pm Nov 25, 2020 1:03pm
Hi guys

can some 1 code indicator that can tick yesterday h4 last candle and today h4 second candle example pic below pls
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  • #15,507
  • Nov 25, 2020 1:26pm Nov 25, 2020 1:26pm
Quoting Thapzafx
Hi guys can some 1 code indicator that can tick yesterday h4 last candle and today h4 second candle example pic below pls {image}
Ask over in Platform Tech forum.
  • #15,508
  • Nov 26, 2020 12:20am Nov 26, 2020 12:20am
I think it has to do a lot with the indicator settings. I would be great if you do it and check what results you get.
  • #15,509
  • Nov 26, 2020 3:32pm Nov 26, 2020 3:32pm
Quoting Alt-leo
I am using this method for the past 4 days and studied for the past 2 weeks. I deposit my live account. attached are 2 images of the result. I know that there are 3 trades are different pair. Most of my trades taken from aususd pair. What i learn and keep improving: 1. Patience to wait for the right location and signal 2. Focus on 1 pair 3. Dont afraid with price movement 4. The most important: empty your mind and throw all your trading knowledge to trash bin. Follow the rules, patience and focus. {image} {image}
Hey I was just wondering, how are you getting along now?
  • #15,510
  • Nov 26, 2020 6:16pm Nov 26, 2020 6:16pm
Quoting Forexnub
{quote} Hey I was just wondering, how are you getting along now?
Hi,

You should test yourself because each trader will have different result even though using same method or strategy or system

Just for your curiosity, for the past 13 days of trading using HOLO and 123 method, i profited more than 100% and did withdrawal. Currently, i just trade using the profit that i earn and risk free capital.

I started with SGD$150 and profited SGD$178, total is SGD$328 and did withdrawal SGD$150 and left SGD$178 to trade.

Attached is the screen shot as proof. I am not expert. I just dare to try the system and i enjoy the benefit.

Please join 10 days challenge and follow the rules. Study your trade, win or lose to make better understanding of the method.

Good luck
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  • #15,511
  • Nov 26, 2020 8:01pm Nov 26, 2020 8:01pm
Quoting Alt-leo
{quote} Hi, You should test yourself because each trader will have different result even though using same method or strategy or system Just for your curiosity, for the past 13 days of trading using HOLO and 123 method, i profited more than 100% and did withdrawal. Currently, i just trade using the profit that i earn and risk free capital. I started with SGD$150 and profited SGD$178, total is SGD$328 and did withdrawal SGD$150 and left SGD$178 to trade. Attached is the screen shot as proof. I am not expert. I just dare to try the system and i enjoy...
Well done, Mate. CHEERS!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,512
  • Nov 27, 2020 12:38pm Nov 27, 2020 12:38pm
Quoting Alt-leo
{quote} Hi, You should test yourself because each trader will have different result even though using same method or strategy or system Just for your curiosity, for the past 13 days of trading using HOLO and 123 method, i profited more than 100% and did withdrawal. Currently, i just trade using the profit that i earn and risk free capital. I started with SGD$150 and profited SGD$178, total is SGD$328 and did withdrawal SGD$150 and left SGD$178 to trade. Attached is the screen shot as proof. I am not expert. I just dare to try the system and i enjoy...
Great job!!
  • #15,513
  • Nov 27, 2020 2:18pm Nov 27, 2020 2:18pm
Quoting Alt-leo
{quote} Hi, You should test yourself because each trader will have different result even though using same method or strategy or system Just for your curiosity, for the past 13 days of trading using HOLO and 123 method, i profited more than 100% and did withdrawal. Currently, i just trade using the profit that i earn and risk free capital. I started with SGD$150 and profited SGD$178, total is SGD$328 and did withdrawal SGD$150 and left SGD$178 to trade. Attached is the screen shot as proof. I am not expert. I just dare to try the system and i enjoy...
Well done! Good weekend everyone.
  • #15,514
  • Nov 29, 2020 10:02pm Nov 29, 2020 10:02pm
Who is taking the 10 trade challenge the week of November 29, 2020?

During the challenge, you are only to trade the same pair.

Beginners do not get to trade multiple pairs until they have mastered trading one single pair.

GREEN PIPS TO ALL.
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,515
  • Dec 1, 2020 9:20am Dec 1, 2020 9:20am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,516
  • Dec 1, 2020 2:16pm Dec 1, 2020 2:16pm
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #15,517
  • Dec 1, 2020 5:53pm Dec 1, 2020 5:53pm
Heya, I'm back! I tried backtesting this strategy for the past two weeks with no consistency of success. I am aware that the strategy is profitable according to the comments etc., so this is not to discredit it in any way! However, I have a few questions!

Firstly, I believe that tradingview is not the best way to backtest this as the backtesting program only shows the candle's full close, thus making it confusing on the entry and the current highest H1 open and the current H1 high as it constantly changes on tradingview. If someone can confirm that, that would be great. I will then forward test rather than backtest this coming week.

Next, if I understand correctly, this works best in a ranged market since the current highest H1 open, and the current H1 high should be within the parameters of yesterday's high and low; otherwise, it would be a breakout? Please correct me if I'm wrong! I'm only here to learn

Again, if I understand correctly, depending on the broker (pepperstone in my case),
Quote
Server time is set to GMT +3 while US daylight savings is in place, and GMT+2 when the US is not under daylight savings
, and therefore since I am UK based, that would mean the final candle closes at 22:00 GMT and the 'new' day starts at 23:00 GMT.

Now please correct me if I am wrong (hypothetical example): I wake up and check the charts at 9:55 am GMT and see that today's current highest H1 open, and the current H1 high is within yesterday's high and low. Ok good. Next, I wait for the new H1 chart to open at 10:00 am GMT and see if it put a new high open and readjust if necessary for the area of interest. Then I narrow down to the 30,15, or 5 depending on preference. If price is coming up from the bottom into the area of interest, and on the 5min timeframe for example, a new candle opens WITHIN the area of interest, I will then setup a SELL stop at the highest H1 open with S/L at the current H1 high...Is this how it works?

Thank you!

I will forward test this for the week and keep updated! I'd appreciate any help, and thank you for the strategy! Happy trading
  • #15,518
  • Dec 1, 2020 6:28pm Dec 1, 2020 6:28pm
Quoting Forexnub
Heya, I'm back! I tried backtesting this strategy for the past two weeks with no consistency of success. I am aware that the strategy is profitable according to the comments etc., so this is not to discredit it in any way! However, I have a few questions! Firstly, I believe that tradingview is not the best way to backtest this as the backtesting program only shows the candle's full close, thus making it confusing on the entry and the current highest H1 open and the current H1 high as it constantly changes on tradingview. If someone can confirm that,...
Backtesting is useless. Forward test only.

Yes, your example is correct.
  • #15,519
  • Dec 1, 2020 6:51pm Dec 1, 2020 6:51pm
Quoting lemercenaire
{quote} Backtesting is useless. Forward test only. Yes, your example is correct.
Appreciate it, will keep updated for the next week.

All the best
  • #15,520
  • Dec 2, 2020 11:33am Dec 2, 2020 11:33am
Quoting Alt-leo
{quote} Hi, You should test yourself because each trader will have different result even though using same method or strategy or system Just for your curiosity, for the past 13 days of trading using HOLO and 123 method, i profited more than 100% and did withdrawal. Currently, i just trade using the profit that i earn and risk free capital. I started with SGD$150 and profited SGD$178, total is SGD$328 and did withdrawal SGD$150 and left SGD$178 to trade. Attached is the screen shot as proof. I am not expert. I just dare to try the system and i enjoy...
Congratz.. was this with the rule : 0.01 lot x 10 times ?
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