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Opening price US30

  • #901
  • May 4, 2021 9:31am May 4, 2021 9:31am
Quoting since80808
What I see by my eyes in history (17.02.2021 - today) with Maximum and minimum method (+50 pips) {image}
Is it possible to download more historical data?
This period (3 brokers, only since 02.2021) shows no rise after first 15 trades
Just an opinion. Based on research
  • #902
  • May 4, 2021 10:54am May 4, 2021 10:54am
sell stop +98pip
Attached Image (click to enlarge)
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  • #903
  • May 5, 2021 3:16am May 5, 2021 3:16am
Hey forex1x8,

thought id reach out and say thanks i been taking your idea and using it against DAX30 because it suits my work hours better..
i have been having luck with it

so simple thats what its all about.
  • #904
  • May 5, 2021 7:04am May 5, 2021 7:04am
Quoting PhillipmC
Hey forex1x8, thought id reach out and say thanks i been taking your idea and using it against DAX30 because it suits my work hours better.. i have been having luck with it so simple thats what its all about.
Hello
Can I learn what the values are you use for DAX30?
  • #905
  • May 5, 2021 7:10am May 5, 2021 7:10am
Quoting PhillipmC
Hey forex1x8, thought id reach out and say thanks i been taking your idea and using it against DAX30 because it suits my work hours better.. i have been having luck with it so simple thats what its all about.
Thank PhillipmC
The system is really very simple.

I expected members of the topic to participate more, as it is a very simple way to operate.

The method has a very high probability of winning, just each operator to do their financial planning.

A hug
  • #906
  • May 5, 2021 8:42am May 5, 2021 8:42am
Today win RR 1:2
  • #907
  • May 5, 2021 9:32am May 5, 2021 9:32am
I activated the EA (expert) late, but still managed to win.
+ 30 pips
+ 50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 05-05 +30 pips + 50 pips.png Size: 5 KB
  • #908
  • May 5, 2021 9:39am May 5, 2021 9:39am
Quoting forex1x8
I activated the EA (expert) late, but still managed to win. + 30 pips + 50 pips {image}
Are you going to share or sell it?
I'd test it with a great interest because EA of "max-min" method shows not very good result on a long run
Just an opinion. Based on research
  • #909
  • May 5, 2021 9:40am May 5, 2021 9:40am
Quoting forex1x8
I activated the EA (expert) late, but still managed to win. + 30 pips + 50 pips {image}
Hello
Are both trades placed by the EA?
Regards
  • #910
  • May 5, 2021 10:01am May 5, 2021 10:01am
For example if you start 23.03.2021 with tp=50 and sl=100 you get this picture
Attached Image (click to enlarge)
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Just an opinion. Based on research
  • #911
  • May 5, 2021 10:46am May 5, 2021 10:46am
RESPONSE TO FRIENDS OF #POSTS 908 AND 909.

The maximum and minimum system does not need EA (Experts), as it is very easy and we have a huge time to place pending orders.

We need an EA (Experts) only to use the defense that we can call REENTRATES.

The EA serves to recover the entries that did not form at the first moment for the TP.

The method 30 pips away from the opening price of the M30 candle at 16:30 .... this method needs an EA (experts) to place orders, because at that time it is very fast, and there is no time to place orders pending 30 pips away.

This EA that I am developing, can be used for the two methods that I have been talking about here, just change the settings and change the magic number.

NOT INTENDING TO SELL ANY EA (EXPERTS)
  • #912
  • May 5, 2021 11:04am May 5, 2021 11:04am
Quoting forex1x8
The maximum and minimum system does not need EA
The EA is needed to backtest the method and understand is it profitable on a long run.
Now as we have data since Feb 2021 you can see it's not very effective ON LONG RUN (not about 1-2-3 day victory) - thanks to Romiros for the EA
Just an opinion. Based on research
  • #913
  • May 5, 2021 11:07am May 5, 2021 11:07am
Quoting forex1x8
NOT INTENDING TO SELL ANY EA (EXPERTS)
I'm not a coder so I proposed to help with money.
Are you going to share your current EA for mass testing?
Just an opinion. Based on research
  • #914
  • May 5, 2021 11:46am May 5, 2021 11:46am
hi forex1x8 thank for your strategy
see my setup this mornig: break out 4hr candle,
break out lower of the day ,
also I saw an inside bar ...trade that also because the break out was in the buyer zone definied par the DO
and finaly the break out for the top of the day
Attached Image (click to enlarge)
Click to Enlarge Name: Forex1X8.PNG Size: 58 KB
  • #915
  • Edited May 6, 2021 1:52am May 5, 2021 12:34pm | Edited May 6, 2021 1:52am
SELL STOP +98pip

Attached Image (click to enlarge)
Click to Enlarge Name: 33195e9cada32cec96ee9e20945057bb.png Size: 4 KB

BUY STOP is live also.. yet to be determined. Edit: SL -52 pip, Net for the day was +46
  • #916
  • May 6, 2021 4:02am May 6, 2021 4:02am
1 loss 1 win on dax 30pip from open 30pip stop
  • #917
  • May 6, 2021 11:37am May 6, 2021 11:37am
hi, in the weed end, i will work on the last strategy ( m30_open) with an simulator; is it possible to modify the daily open line inducator to open at 16H30 with an option to draw the suggested entry ( =/- 30 pips ) from this open price ( m30_open)???

not to have more indicator but to facilitate the work ( effectively you can see where you can place radily the sellstop and the buy stop...

Thank


Have a lot of green pips..
  • #918
  • May 6, 2021 4:45pm May 6, 2021 4:45pm
Quoting liberty55
hi, in the weed end, i will work on the last strategy ( m30_open) with an simulator; is it possible to modify the daily open line inducator to open at 16H30 with an option to draw the suggested entry ( =/- 30 pips ) from this open price ( m30_open)??? not to have more indicator but to facilitate the work ( effectively you can see where you can place radily the sellstop and the buy stop... Thank Have a lot of green pips..
ok
  • #919
  • May 7, 2021 8:38am May 7, 2021 8:38am
Good Morning

This recovery that I'm just putting in EA
Attached Image (click to enlarge)
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  • #920
  • May 7, 2021 7:51pm May 7, 2021 7:51pm
Quoting mcmstar
{quote} Hello Can I learn what the values are you use for DAX30?
Hey Mcmstar,

Yes you can i have tweaked the Values i use a little i wait for the EU open after the first 30min candle closes i set a buy stop 30 points above the high of the candle and put my SL just below the low of the candle.. also set a sell stop using the same values working on a 1:1 ATM but might go to a trial SL but i think 1:1 most days will be fine for me the trade is normally finished pretty quick at London open... this was my trade last night see below

I like using the daily open as a stop because allot of times it will act as support or resistance.
Attached Image (click to enlarge)
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