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Opening price US30

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  • Post #901
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  • May 4, 2021 10:31am May 4, 2021 10:31am
  •  since80808
  • Joined Sep 2008 | Status: Member | 777 Posts
Quoting since80808
Disliked
What I see by my eyes in history (17.02.2021 - today) with Maximum and minimum method (+50 pips) {image}
Ignored
Is it possible to download more historical data?
This period (3 brokers, only since 02.2021) shows no rise after first 15 trades
 
 
  • Post #902
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  • May 4, 2021 11:54am May 4, 2021 11:54am
  •  shadmar
  • | Joined Apr 2020 | Status: Member | 89 Posts
sell stop +98pip
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2
  • Post #903
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  • May 5, 2021 4:16am May 5, 2021 4:16am
  •  PhillipmC
  • | Joined May 2019 | Status: Member | 267 Posts
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.
 
1
  • Post #904
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  • May 5, 2021 8:04am May 5, 2021 8:04am
  •  mcmstar
  • | Joined Feb 2021 | Status: Member | 31 Posts
Quoting PhillipmC
Disliked
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.
Ignored
Hello
Can I learn what the values are you use for DAX30?
 
 
  • Post #905
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  • May 5, 2021 8:10am May 5, 2021 8:10am
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
Quoting PhillipmC
Disliked
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.
Ignored
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
 
2
  • Post #906
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  • May 5, 2021 9:42am May 5, 2021 9:42am
  •  ficibald
  • Joined Oct 2014 | Status: Lazy Trader | 871 Posts
Today win RR 1:2
 
1
  • Post #907
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  • May 5, 2021 10:32am May 5, 2021 10:32am
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
I activated the EA (expert) late, but still managed to win.
+ 30 pips
+ 50 pips
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Name: 05-05 +30 pips + 50 pips.png
Size: 5 KB
 
2
  • Post #908
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  • May 5, 2021 10:39am May 5, 2021 10:39am
  •  since80808
  • Joined Sep 2008 | Status: Member | 777 Posts
Quoting forex1x8
Disliked
I activated the EA (expert) late, but still managed to win. + 30 pips + 50 pips {image}
Ignored
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
 
 
  • Post #909
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  • May 5, 2021 10:40am May 5, 2021 10:40am
  •  howard
  • | Joined Sep 2006 | Status: howard | 1,681 Posts
Quoting forex1x8
Disliked
I activated the EA (expert) late, but still managed to win. + 30 pips + 50 pips {image}
Ignored
Hello
Are both trades placed by the EA?
Regards
 
 
  • Post #910
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  • May 5, 2021 11:01am May 5, 2021 11:01am
  •  since80808
  • Joined Sep 2008 | Status: Member | 777 Posts
For example if you start 23.03.2021 with tp=50 and sl=100 you get this picture
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  • Post #911
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  • May 5, 2021 11:46am May 5, 2021 11:46am
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
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)
 
3
  • Post #912
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  • May 5, 2021 12:04pm May 5, 2021 12:04pm
  •  since80808
  • Joined Sep 2008 | Status: Member | 777 Posts
Quoting forex1x8
Disliked
The maximum and minimum system does not need EA
Ignored
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
 
1
  • Post #913
  • Quote
  • May 5, 2021 12:07pm May 5, 2021 12:07pm
  •  since80808
  • Joined Sep 2008 | Status: Member | 777 Posts
Quoting forex1x8
Disliked
NOT INTENDING TO SELL ANY EA (EXPERTS)
Ignored
I'm not a coder so I proposed to help with money.
Are you going to share your current EA for mass testing?
 
 
  • Post #914
  • Quote
  • May 5, 2021 12:46pm May 5, 2021 12:46pm
  •  liberty55
  • | Joined Jul 2010 | Status: Member | 246 Posts
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
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  • Post #915
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  • Edited May 6, 2021 2:52am May 5, 2021 1:34pm | Edited May 6, 2021 2:52am
  •  shadmar
  • | Joined Apr 2020 | Status: Member | 89 Posts
SELL STOP +98pip

Attached Image (click to enlarge)
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BUY STOP is live also.. yet to be determined. Edit: SL -52 pip, Net for the day was +46
 
 
  • Post #916
  • Quote
  • May 6, 2021 5:02am May 6, 2021 5:02am
  •  PhillipmC
  • | Joined May 2019 | Status: Member | 267 Posts
1 loss 1 win on dax 30pip from open 30pip stop
 
 
  • Post #917
  • Quote
  • May 6, 2021 12:37pm May 6, 2021 12:37pm
  •  liberty55
  • | Joined Jul 2010 | Status: Member | 246 Posts
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..
 
 
  • Post #918
  • Quote
  • May 6, 2021 5:45pm May 6, 2021 5:45pm
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
Quoting liberty55
Disliked
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..
Ignored
ok
 
2
  • Post #919
  • Quote
  • May 7, 2021 9:38am May 7, 2021 9:38am
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
Good Morning

This recovery that I'm just putting in EA
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4
  • Post #920
  • Quote
  • May 7, 2021 8:51pm May 7, 2021 8:51pm
  •  PhillipmC
  • | Joined May 2019 | Status: Member | 267 Posts
Quoting mcmstar
Disliked
{quote} Hello Can I learn what the values are you use for DAX30?
Ignored
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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Name: Screenshot 2021-05-08 104604.png
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3
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