EUR/GBP Trendmagic System | Page 248 | Forex Factory

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EUR/GBP Trendmagic System

  • #4,941
  • Dec 30, 2020 11:23am Dec 30, 2020 11:23am
Quoting TexasPipster
{quote} I'm using HG Multi Time Frame HG for the current TF Heikenashi Zone candles Trend Magic (I'm having an alert coded for it, since I have the source file for this indi) And I'm keeping notes as I peruse this huge thread. You can view my notes if you like. https://docs.google.com/document/d/1...it?usp=sharing Also, if you'd like to see ALL indicators and images uploaded, just click on the paperclip at the top of this thread. {image} {file} {file} {file} {file}
Thanks, bro. Happy New Year.
Many pips in the new 2021.
  • #4,942
  • Jan 14, 2021 6:17am Jan 14, 2021 6:17am
It is the day when it is better not to trade
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  • #4,943
  • Jan 26, 2021 1:02pm Jan 26, 2021 1:02pm
The finishing strategy will be formed soon...
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  • #4,944
  • Edited 11:34am Jan 28, 2021 11:19am | Edited 11:34am
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I got acquainted with this strategy 1 week before the new 2021. I spent a month proving it. Therefore, I ask you to respect my work. There are still revealing the "secrets" of this strategy. I'm studying on a demo account.
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Attached File(s)
File Type: zip Trend magic System - 2021R.zip   285 KB | 845 downloads
  • #4,945
  • Jan 28, 2021 11:26am Jan 28, 2021 11:26am
During this month, I reread most of the pages of this strategy through Google Translate, selected and tested the best options. I spent 3 weeks looking for analogues of open source indicators. In particular, here is a link to a lucky chance to find one of the open source indicators:
https://forex-station.com/viewtopic....64#p1295427364

If you have any questions, write here. I set all the indicators several times "manually".
Now the basic rules of the strategy:
1. Signal BB_MACD_CCT.
2. Signal TrendMagic_.
3. Signal lukas arrow + Control candle!
4. Wait for your Signal - Psychology.
My weakness in this strategy is I AM.


He wrote the rules of strategy - so as not to invent "signals".
Strict adherence is most difficult for a trader. Therefore, I wrote clear "Rules of Strategy".
  • #4,946
  • Jan 28, 2021 11:31am Jan 28, 2021 11:31am
On weekends, I will "lay out" screenshots of entry points - with the concept of "control candle" and so on. Today my emotions led to one unprofitable deal out of 5. I did not set a stop loss level according to the strategy.
Here are some examples that can be explained over the weekend. Rusty Google Translation (Damn)
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  • #4,947
  • Edited 2:46pm Jan 28, 2021 1:40pm | Edited 2:46pm
Період у якому я не торгую - частина Азіатської сесії (час Київ - Україна). Формується коробка
The period in which I do not trade is part of the Asian session (time Kyiv - Ukraine). A box is formed From 02:00 to 08:00. At 09:00 - opening of the European session, at 10:00 - London Open.
An example is a pair of pound-dollar. During the Asian session, a downward trend was formed - to sell.
I was too fascinated by the idea that the trend was falling all day and I would only be selling today.
In the first wave, he used a Fibonacci grid. According to the "classic view", the price returned to the level of 23.6%, then to 38.2%. I waited for the BB_MACD_CCT indicator to change to red. Several conditions were also met - presented in the screenshot. Knockout break-even deal + 6r.
Rusty Google translation.
I rewrite 5-6 times for better adaptation.
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I'm still training for a demo. One remark - when transferring to a real account, I have a terminal hanging. It will be possible to trade with 2 open terminals.
  • #4,948
  • Jan 28, 2021 2:06pm Jan 28, 2021 2:06pm
Another deal is risky. Each subsequent trend transaction is an increase in the risk of getting (getting on) the reverse trend.
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I'm closing the right part - so you understand, it didn't exist at that time. How I made my decision. This candle was for sale, but in time it was redrawn.
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  • #4,949
  • Jan 28, 2021 2:19pm Jan 28, 2021 2:19pm
Since the price was constantly returning - I was not included in the deal for the third time (missed). I got tired of waiting a bit and missed signals on other currency pairs. Helped and a new indicator - an analogue of 100% Trend Magic2
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There are many other ancillary indicators. But next time.
And now about the failure ...
  • #4,950
  • Jan 28, 2021 2:43pm Jan 28, 2021 2:43pm
Opened an agreement to calculate the price movement "wave 2" - from 161.8% to 200%. Not in line with the strategy set a stop loss.
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Damage received. In fact, the price decreased to 261.8%
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Everything for today. I'm tired
If it is clear, insert marks or questions. I will continue.
  • #4,951
  • Jan 29, 2021 2:41am Jan 29, 2021 2:41am
I missed the morning.
An additional breakdown indicator of the Donchi channel has been installed
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  • #4,952
  • Jan 29, 2021 5:21am Jan 29, 2021 5:21am
I went to solve my own questions. And at that time ....
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When conducting the analysis - we see - Wave 1, rollback and breakdown of 61.8%. The goal was achieved - 161.8%.
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  • #4,953
  • Jan 29, 2021 7:02am Jan 29, 2021 7:02am
18 downloads.
In fact, no questions asked? Did I really meet professionals? Everyone in Euphoria? Or just no one liked it?
The next secret that was revealed this week to me.
Why the indicator - stochastic-signals ?.
In order to quickly determine the 1st wave ... And possible rollbacks.
In this case, we did not receive a rollback. Therefore, the input had to be done by "control candle!" And coincidence (overlap) of signals (from the level of 100%).
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  • #4,954
  • Jan 30, 2021 6:51am Jan 30, 2021 6:51am
I don't really think that anyone understands what you're doing on that colourful screen.
But we all hope that you do.
At least you have more than enough arrows to work with.
  • #4,955
  • Jan 30, 2021 6:57am Jan 30, 2021 6:57am
Quoting josi
I don't really think that anyone understands what you're doing on that colourful screen. But we all hope that you do. At least you have more than enough arrows to work with.
In fact, it's easier for me than the Xard system. I take signals on the trend. I can see when the rollback is coming - even to some extent to predict. I can also now "expect" a signal.
  • #4,956
  • Jan 31, 2021 3:35am Jan 31, 2021 3:35am
Quoting RomanUkraine
{quote} In fact, it's easier for me than the Xard system. I take signals on the trend. I can see when the rollback is coming - even to some extent to predict. I can also now "expect" a signal.
If you want someone else to understand "your system" (feedback) you have to do something first:
explain the function of every indicator you use within "your system".
In my world there are only 3 functions:
a) directional bias
b) entry
c) exit
(position of SL could be another one)
You use 8 or more indicators - what do you need each one for (specifically! i. e. which trading problem does it solve?)
And why can't you do without any one - this has to be answered before you can talk of a system.
  • #4,957
  • Jan 31, 2021 12:43pm Jan 31, 2021 12:43pm
Quoting josi
{quote} If you want someone else to understand "your system" (feedback) you have to do something first: explain the function of every indicator you use within "your system". In my world there are only 3 functions: a) directional bias b) entry c) exit (position of SL could be another one) You use 8 or more indicators - what do you need each one for (specifically! i. e. which trading problem does it solve?) And why can't you do without any one - this has to be answered before you can talk of a system.
Read the posts carefully - the 3 main ones are explained on the first pages of the system. And what I added - there are a couple of separate posts. I especially singled out the stochastic. I will once again explain why each indicator. Everything with time - everything with time ....
  • #4,958
  • Feb 1, 2021 3:09am Feb 1, 2021 3:09am
The weakest part of the strategy is my own nerves. Demo
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  • #4,959
  • Feb 1, 2021 3:14am Feb 1, 2021 3:14am
Quoting RomanUkraine
{quote} Read the posts carefully...
Carefully is not a problem for me...
As I said: you think they are explained but really it's just trader's-blabla...
State precisely (as much for yourself as for others) which specific trading problem is solved by each of your indicators - if you can't name the problem that an indicator solves (one that was there before but has disappeared now) you shouldn't trade (with this indicator).
  • #4,960
  • Feb 1, 2021 3:15am Feb 1, 2021 3:15am
Transfer of stop-loss according to the strategy along the line of the Trend Magic2 indicator - I often break the rule because of "nerves".
Передача стоп-лосса згідно стратегії по лінії індикатора Trend Magic2 - я часто порушую правило через "нерви".
And often I overestimate the take profit. І часто я переоцінюю тейк-профіт. Нижче за рівень 423,6%.
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