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My Synergy Strategy

  • #41
  • Jun 3, 2021 3:34am Jun 3, 2021 3:34am
It is this 5th one i like after a long run. I try avoid low volatility setups like 2 3 and 4. 4 was actually not a setup that is a mistake.
  • #42
  • Jun 3, 2021 3:38am Jun 3, 2021 3:38am
Took Profits on yesterday trade. You can see I used sl no tp i leave it open and close manually when candle changes colour.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210603-131219_MetaTrader 4.jpg Size: 76 KB
  • #43
  • Jun 3, 2021 3:40am Jun 3, 2021 3:40am
Quoting Luciano26
{quote} Please share your template together with indicators, so we can give a try... Thanks in advance.
It is on Post 1. I am attaching here again for you.
Attached File(s)
File Type: ex4 Synergy_Pro_APB.ex4   19 KB | 410 downloads
File Type: tpl absyn.tpl   28 KB | 384 downloads
  • #44
  • Edited 4:06am Jun 3, 2021 3:42am | Edited 4:06am
Quoting drsa1970
{quote} once candle color changed it should be completely outside the band or even partially outside the bad is accepted ?
when in profits I close trade as soon as i see a color change. If trade running in loss i wait till SL because candle can change color back.
  • #45
  • Jun 3, 2021 3:46am Jun 3, 2021 3:46am
Latest setup. Even if wicks are grey its valid. Candle must be blue. Must open trade as soon as next candle begins.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_10.png Size: 40 KB
  • #46
  • Edited 4:02am Jun 3, 2021 3:50am | Edited 4:02am
Quoting anilamil
if i make this into EA, is there any additional rule? because the result is overtrade and loss , and slippage / spread is 3 pips.
Yes thanks if you can make an EA for it. Rules are simple as stated. Simpler the better. But you can include time to start EA so if someone want to begin at a certain time of the day they can enter. Also a run of candles like the latest setup to avoid low volatility.
spread for eurusd is tiny most brokers.
Also trade should close after candle changes color when in profits. When in loss it closes at SL only.
  • #47
  • Jun 3, 2021 3:53am Jun 3, 2021 3:53am
Quoting torch2k
what metric is being used to paint the bars red or blue? I don't think it's just up/down bars, is it?
it is synergy indicator given in post 1
  • #48
  • Jun 3, 2021 3:56am Jun 3, 2021 3:56am
Quoting anilamil
{quote} what if the market flat? and the candle is blue red blue red...or break high, then break low and break high suddenly?
SIMPLE! Avoid trade.
  • #49
  • Jun 3, 2021 3:58am Jun 3, 2021 3:58am
Quoting trader3690
{quote} It is on Post 1. I am attaching here again for you. {file} {file}

I got it, thanks mate, my last question: Are you using it on 15m time frame?
  • #50
  • Jun 3, 2021 4:01am Jun 3, 2021 4:01am
Quoting trader3690
{quote} I close trade as soon as i see a color change.
I always use a Stop Loss. When trade runs in profits i close trade after candle changes color. But if i just started a trade and still not in profits and candle changes color while in loss i do not close as i have SL in place. Because next candle can still change color back to our direction.
  • #51
  • Jun 3, 2021 4:04am Jun 3, 2021 4:04am
Quoting trader3690
{quote} It is on Post 1. I am attaching here again for you. {file} {file}
Full PDF here from @9Money...Post 17

SynergyPro_APB Indicator.pdf
every Saint has a past. Every Sinner has a Future
  • #52
  • Jun 3, 2021 4:07am Jun 3, 2021 4:07am
Quoting Luciano26
{quote} I got it, thanks mate, my last question: Are you using it on 15m time frame?
yes M15.
  • #53
  • Jun 3, 2021 4:07am Jun 3, 2021 4:07am
Quoting Luciano26
{quote} I got it, thanks mate, my last question: Are you using it on 15m time frame?
you can ask more no worries.
  • #55
  • Jun 3, 2021 4:09am Jun 3, 2021 4:09am
Quoting turnip15
{quote} Full PDF here from @9Money...Post 17 SynergyPro_APB Indicator.pdf
thanks.
  • #56
  • Jun 3, 2021 4:11am Jun 3, 2021 4:11am
Quoting trader3690
{quote} you can ask more no worries.
Thanks I appreciate mate and keep up your good job.
  • #57
  • Jun 3, 2021 4:18am Jun 3, 2021 4:18am
So in case another setup appears what we do? I take the second setup too. Using SL again. Profits gained will be much more than the loss. I just accept the loss. Simple.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_11.png Size: 30 KB
  • #58
  • Jun 3, 2021 4:20am Jun 3, 2021 4:20am
But I wait for a complete red candle here. For second opposite setup do not trade with grey wicks.
  • #59
  • Jun 3, 2021 5:39am Jun 3, 2021 5:39am
In this situation i would close buy trade as big move already up now down. New sell Setup with this big red candle i am selling now. Though grey wicks but it is valid now.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_13.png Size: 33 KB
  • #60
  • Jun 3, 2021 5:41am Jun 3, 2021 5:41am
Closing at small profits or even taking a small loss is better than taking big loss. Cut down on your losses always. I entered the buy late so i am closing with a small loss now.
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