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Attachments: Daily green/red candle
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Daily green/red candle

Quoting dimdel
{quote} hi yonnie try this put 2 orders the 1st TP 161 fibo the 2nd trsl 161 fibo and let profit run in any case you risk total the same % , just split it at 1 or 2 or ...... orders
thank you dimdel for your advice....is your stop loss still at the low of the candle?.......
I see that on the daily you reckon it is better to enter every candle, not green/red change.....so if you have green, green, green, do you take the profit of the first green candle and place new orders on the second green candle or do you let the trade run from the first green candle and add more orders on the second green candle?
Quoting yonnie
{quote} thank you dimdel for your advice....is your stop loss still at the low of the candle?....... I see that on the daily you reckon it is better to enter every candle, not green/red change.....so if you have green, green, green, do you take the profit of the first green candle and place new orders on the second green candle or do you let the trade run from the first green candle and add more orders on the second green candle?
yes
at D1 every new candle new order
at H1/H4. prefer every new color
Quoting since80808
{quote} Nice to hear that some idea works for such a long time! Now I forward test one more "Next Candle Strategy" so please may I ask some questions? 1. Do you use D1 or H1? 2. Do you use every new candle or color change? 3. What are your 5 pairs? 4. Do you trail a part of position or use 1 position only? Thank you for your ideas and all the best to you anyway!
1). both
2). see previus post
3). the first 6 small spread
4). 2/3 position
Hi dimdel and thank you for your attention to my previous questions. As I see, I understood your topic right (because I reread it after 2 years)))
Quoting dimdel
last try with my filter
Is it a commercial part or you can share your filtering idea?
Quoting since80808
Hi dimdel and thank you for your attention to my previous questions. As I see, I understood your topic right (because I reread it after 2 years))) {quote} Is it a commercial part or you can share your filtering idea?
Hi
Well , no commercial , no free
Quoting dimdel
{quote} Hi Well , no commercial , no free
Sorry for my English - it's not my native language. Could you please explain?
Quoting since80808
{quote} Sorry for my English - it's not my native language. Could you please explain?
I mean my filters are not for sell and also no free
I just checked your opinion from 01/01/2020 to 12/03/2021 (by hand because I don't know how to code)
I add MA50 to the chart D1
Sell on the first bearish candlestick below the MA50.
Buy on the first bullish candlestick above MA50.
Move stop loss when fibo 150
USDCHF, UJ, UC, EURCHF, EU, EJ, EG, EC, EA, EN, GBPCHF, GU, GJ, GC, GA, GN, CADCHF, CJ, AUDCHF, AU, AJ, AC, AN, NZDCHF, NU, NJ, NC
Win - loss = 188. if the order rate is 2% => 376% ^^

Have a nice weekend!
Quoting quyendo419
I just checked your opinion from 01/01/2020 to 12/03/2021 (by hand because I don't know how to code) I add MA50 to the chart D1 Sell on the first bearish candlestick below the MA50. Buy on the first bullish candlestick above MA50. Move stop loss when fibo 150 USDCHF, UJ, UC, EURCHF, EU, EJ, EG, EC, EA, EN, GBPCHF, GU, GJ, GC, GA, GN, CADCHF, CJ, AUDCHF, AU, AJ, AC, AN, NZDCHF, NU, NJ, NC Win - loss = 188. if the order rate is 2% => 376% ^^ Have a nice weekend!
Hello. Can you tell us more about your modification of this strategy? That is, how did you enter on the tests, at 100 percent Fibo or 110? Have you only used each new candle color or all candles in a row? And so on. If it doesn't bother you, please tell us more. thank
I have a similar one. Does anyone want to try it?
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Attached Files
File Type: ex5 fibo breakout EA 0416-2.ex5   338 KB | 155 downloads
File Type: txt fibo breakout EA 0416-2euruse h3.set.txt   3 KB | 136 downloads
Quoting iDentist
{quote} Hello. Can you tell us more about your modification of this strategy? That is, how did you enter on the tests, at 100 percent Fibo or 110? Have you only used each new candle color or all candles in a row? And so on. If it doesn't bother you, please tell us more. thank
You can add indicator stoch (21,10,10), 2 levels below 20 are oversold, above 80 is overbought.
buy: first green candle + stoch> = 80
sell: first red candle + stoch <= 20
This reduces the amount but increases the quality of the order.
Quoting bojack34
Hey Dimdel.....here's a little spin on the Red/Green strategy that I thought about one night. Most people won't look at this twice because of the horrible r:r. Using the Daily Candles trade every time a new color appears but only in the direction of the new color......we will use the Hi/Low of the previous candle as our SL and we will use 1/10 of that as our TP. If yesterdays candle is Green (Long) and then today's daily candle closes Red (Short), then tomorrow I will have a pending order on the Low of todays Red candle.......and if tomorrow the...

I can attempt this on MQL4. Would be good practise as well. Can you write out the rules clearly for me?
Leave the Gun, Take the Armani
Quoting dimdel
{quote} I mean my filters are not for sell and also no free
I will start with method a)

is this correct ?

I use the chart result of Math7 written ea. I understood Math7 has wanted to check only where trade should be taken, SL and TP were not in that ea. But I surprise because he is very good and fame for his accuracy how comes his trades landed at wrong candles? He must have not understood something from your strategy at that time

By the way I like to follow from the beginning, but I do forgot something, in this strategy have you changed rules, add more stuffs to the strategy towards the end of the topic, without updating post #1??
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