Trend Cycle Entry | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What best indicator to entry signal and TREND? 160 replies

Scripts for Limit entry, Stop entry, Market entry 47 replies

Trend entry system/methodology 5 replies

H4/D1 Entry with W1 Trend 17 replies

Ask..Entry,StopLoss, TargetProfit and Trend 6 replies

Attachments: Trend Cycle Entry
Exit Attachments

Trend Cycle Entry

  • #361
  • Apr 26, 2022 12:39pm Apr 26, 2022 12:39pm
Quoting WickedDaddy
Just a quick note to all in this thread: I have been consulting to an asset management firm I was once associated with and it is taking up all of my time. So, I have not been here for a while. I should be done with them next week and can answer questions at that time. There are a couple people here, The Jube for one, who are using the system successfully and have been very helpful. Thanks! BTW, pretty crazy that someone made a video and claimed credit. Whatever... There are 1000's of profitable systems and millions of unprofitable traders. That...
Hi WickedDaddy, could you please recommend the news outlets you follow for forex/monetary policy? Also, could you recommend some helpful books for analyzing trends?
  • #362
  • Apr 27, 2022 2:56am Apr 27, 2022 2:56am
EURAUD (H1). nailed it.
Attached Image (click to enlarge)
Click to Enlarge Name: 6268f67a432eb.png Size: 104 KB
  • #363
  • Apr 27, 2022 3:22am Apr 27, 2022 3:22am
EURGBP (H1) in the oven.
Attached Image (click to enlarge)
Click to Enlarge Name: 6268fd0a6fd2d.png Size: 106 KB
  • #364
  • Apr 28, 2022 7:37am Apr 28, 2022 7:37am
AUDCAD (H1) bagged 22 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 626a8a1d3a965.png Size: 113 KB
  • #365
  • May 3, 2022 11:40am May 3, 2022 11:40am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #366
  • May 3, 2022 9:57pm May 3, 2022 9:57pm
floating...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
  • #367
  • May 4, 2022 10:33am May 4, 2022 10:33am
floating...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
  • #368
  • Edited 4:10pm May 11, 2022 1:29pm | Edited 4:10pm
Some setups currently on the AUD pairs (H1).

BT

update: did not take any trade on these pairs. AUDNZD was looking the best of all, but turned bearish again.
Attached Image (click to enlarge)
Click to Enlarge Name: 627c25d34e3af.png Size: 39 KB
  • #369
  • May 13, 2022 5:05pm May 13, 2022 5:05pm
nzdchf doing great again...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
  • #370
  • May 13, 2022 5:46pm May 13, 2022 5:46pm
Quoting TheZenienss
nzdchf doing great again... {image}
Well done! Do you take higher and lower timeframes also into consideration before a trade?
  • #371
  • May 14, 2022 5:50am May 14, 2022 5:50am
Quoting sick35
MT4 Indicator built for this system. + Alerts (Not tested yet) It does not depend on external indicators. Use discretion regarding MAs separation Will update indy soon, bugs found Updated New fixes {file}
It would be good to get more signals with a lower time frame.
What I mean is that the indicator would also indicate the second cycle.
The other idea is that it should not touch the top / bottom of the BB, but the center line of the BB would be enough. As an extra setting option.
I don't use SL. I use Reverse as my Trading robot has options.
StochRsi would be good as a change.
I hope you understand my poor English.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM15 1.png Size: 34 KB
Click to Enlarge Name: EURUSDM15 2.png Size: 34 KB
  • #372
  • May 15, 2022 8:46am May 15, 2022 8:46am
[quote=WickedDaddy;13943544] I tried this on a 1H chart of BTC/USD. Back testing since 2019. Did not give me favourable results whatsoever. Any comments? Can this be applied to crypto or no? If u want to try on BTC/USD back test, please try early 2019 and give ur comments. Much appreciated. Thank you
  • #373
  • May 16, 2022 11:12am May 16, 2022 11:12am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #374
  • May 16, 2022 11:14am May 16, 2022 11:14am
Quoting BataviaTrade
{quote} Well done! Do you take higher and lower timeframes also into consideration before a trade?
No. It follows the rules at post #1.
  • #375
  • May 16, 2022 1:51pm May 16, 2022 1:51pm
Quoting TheZenienss
{quote} No. It follows the rules at post #1.
Okay thanks, that's great. You obviously understand this system pretty good. Would you take a short trade in this particular set up (attached), according to post #1?

Hopefully you are able to give your perception. Thanks before and regards!

BT

PS. hint: I lost quite a few pips in this short trade . Luckily it's still paper trading account lol
Attached Image (click to enlarge)
Click to Enlarge Name: 144.PNG Size: 11 KB
  • #376
  • Edited 1:01pm May 19, 2022 12:43pm | Edited 1:01pm
[quote=frisbeeo;14000803]
Quoting WickedDaddy
I tried this on a 1H chart of BTC/USD. Back testing since 2019. Did not give me favourable results whatsoever. Any comments? Can this be applied to crypto or no? If u want to try on BTC/USD back test, please try early 2019 and give ur comments. Much appreciated. Thank you

Hey there, I have been playing around with this on ETH/USD today:
5 min chart, HA candles
Risk-reward was 1:4, risking 1% to make 4%
I used ATR, period 3, and multiplier 2.5x to get my SL (done on Japanese candlesticks)
I entered per trend (cross of 15 EMA and 50 SMA) and each "cycle" had only 1 entry
For Buy I would:
a) StochRSI was under 20 (both lines) for at least 3 bars (closed 3), then I would enter on the third bar close if it was green, or the next green HA candle
b) I would buy per the rules - BB touch, disengage, green HA candle.
Often, these two conditions would be happening at the same time. Sometimes a) gets faster entry though.

Reverse for Sell.

I tested on April 11th from the morning, until April 19th morning.
Counted 35 trades
Win: 11
Loss 24
That means 11x4% profit - 24x1% loss = 44-24 = 20% profit
No fees, or commission...
Most wins were 2, most losses 11

There is most likely some variation of the strategy, but again, I was just playing around with the main concept. I only added the rule that I would enter if 3 candles closed above/under 20/80 and the HA is the right color. And I added exact RR + ATR for SL. That's all. I can send some screenshots from Tradingview if you want.

EDIT:
Attaching 2 screenshots as well for reference.
It shows the detail of the trade, at the bottom is StochRSI, I changed it to cross for my reference. 3 bars closed under 20 lines. Next green candle I went long. The entry was on the Japanese candlesticks chart where I also set SL/TP. I added an arrow as to where you should have entered according to the rules, but unfortunately, the candle did not touch BB, but it is not a set in the stone rule if I got it correctly. Anyways, the next picture is the whole trade. 1:4 RR.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 125 KB
Click to Enlarge Name: screenshot.png Size: 102 KB
MACD SCS All Time Pips: 8,722
  • #377
  • May 21, 2022 6:23am May 21, 2022 6:23am
Quoting Lukass
Quoting frisbeeo
{quote} Hey there, I have been playing around with this on ETH/USD today: 5 min chart, HA candles Risk-reward was 1:4, risking 1% to make 4% I used ATR, period 3, and multiplier 2.5x to get my SL (done on Japanese candlesticks) I entered per trend (cross of 15 EMA and 50 SMA) and each "cycle" had only 1 entry For Buy I would: a) StochRSI was under 20 (both lines) for at least 3 bars (closed 3), then I would enter on the third bar close if it was green, or the next green HA candle b) I would buy per the rules - BB touch,
...
I continued from April 11th - May 12th, the same system
40 wins
117 losses
Total 157 trades
43% Gain on account

Anyone else tried it on Crypto or do you guys focus only on forex?
MACD SCS All Time Pips: 8,722
  • #378
  • May 21, 2022 6:41am May 21, 2022 6:41am
Quoting Lukass
{quote}{quote} I continued from April 11th - May 12th, the same system 40 wins 117 losses Total 157 trades 43% Gain on account Anyone else tried it on Crypto or do you guys focus only on forex?
Well done! I only trade forex, mainly because I don't have a clue with crypto, all main coins seems to be following each other in the same direction. I haven't followed it quite through yet lol.

 

  1. How do you set you targets and SL?
  2. What TF are you trading?

Looking forward. Best regards., BT

  • #379
  • May 21, 2022 6:51am May 21, 2022 6:51am
Quoting BataviaTrade
{quote} Well done! I only trade forex, mainly because I don't have a clue with crypto, all main coins seems to be following each other in the same direction. I haven't followed it quite through yet lol. How do you set you targets and SL? What TF are you trading? Looking forward. Best regards., BT

Yea, I tried to give it a shot, but I guess I will get to Forex as well.

1) ATR - period 3, multiplier 2.5 is used for SL. TP is 4 times that value. So if SL is 20 pips, TP would be 80 pips (RR 1:4)
2) 5 min
MACD SCS All Time Pips: 8,722
  • #380
  • May 21, 2022 7:23pm May 21, 2022 7:23pm
In here i attach an indicator more flexible and more accurate than the moving averages and bollinger bands
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Attached File(s)
File Type: ex4 elder_auto_envelope_2_1.ex4   26 KB | 370 downloads
0 traders viewing now