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Bollinger & MA

  • #21
  • Oct 15, 2022 8:03am Oct 15, 2022 8:03am
https://tools4win.com/mt4/dashboards
  • #22
  • Oct 15, 2022 8:13am Oct 15, 2022 8:13am
Quoting Night63
https://tools4win.com/mt4/dashboards
Wow thanks for sharing, that's pretty neat.
Dont be upset with the result you didnt get from the work you didnt do
  • #23
  • Oct 15, 2022 9:20am Oct 15, 2022 9:20am
Quoting Night63
https://tools4win.com/mt4/dashboards
Very nice stuff!
MetaTrader 4 - so many advantages.
  • #24
  • Oct 15, 2022 9:27am Oct 15, 2022 9:27am
Quoting harold1
im following! great idea and great man. will see how it goes! Congrats and Goodluck!
Super.
MetaTrader 4 - so many advantages.
  • #25
  • Oct 15, 2022 10:16am Oct 15, 2022 10:16am
im following! great idea
  • #26
  • Oct 15, 2022 10:26am Oct 15, 2022 10:26am
Quoting Night63
https://tools4win.com/mt4/dashboards
Wow thanks for sharing
  • #27
  • Oct 15, 2022 2:32pm Oct 15, 2022 2:32pm
Certainly looks interesting. One enters a little than earlier than in most systems, but that is the interesting feature. Seems like a great way to get a head start. Thanks much.
  • #28
  • Oct 15, 2022 4:14pm Oct 15, 2022 4:14pm
Quoting me-whyme
Certainly looks interesting. One enters a little than earlier than in most systems, but that is the interesting feature. Seems like a great way to get a head start. Thanks much.
Precisely - a bit earlier. But I also think that the signals are more reliable than in many other systems.
MetaTrader 4 - so many advantages.
  • #29
  • Oct 16, 2022 2:58am Oct 16, 2022 2:58am
Quoting RiskFighter
Swing trades All trends start somewhere. And you don't get the start unless you are ready to trade against the trend. In this example the price is swinging a lot. A trend seems not to be able to continue. So in this case you have to trade against the current trend . or not trade. Again cherry picked example. But ain't those loads of winning pips wonderfull? {image}

Hi RiskFigther.

Thank you for posting ur system. I would like to check with you on attached. Are they meant to be valid Sell and Buy signal that turned out to be a loss. Or any reason that we should avoid those setups.
Attached Image (click to enlarge)
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  • #30
  • Oct 16, 2022 11:14am Oct 16, 2022 11:14am
Quoting Snirodha
{quote} Hi RiskFigther. Thank you for posting ur system. I would like to check with you on attached. Are they meant to be valid Sell and Buy signal that turned out to be a loss. Or any reason that we should avoid those setups. {image}
I am not sure that you git it right. On this picture I have painted red dots at buy and sell. Two dots on each. The first is an early signal and number two is a more powerfull signal. I have lined the profit track. But that depend of your exit strategy of cause. But there is posibility for a big profit in both cases. An SL is on latest swing. Hope it helps.
Attached Image (click to enlarge)
Click to Enlarge Name: Skærmbillede 2022-10-16 181047.png Size: 143 KB
MetaTrader 4 - so many advantages.
  • #31
  • Oct 16, 2022 4:09pm Oct 16, 2022 4:09pm
Quoting RiskFighter
{quote} I am not sure that you git it right. On this picture I have painted red dots at buy and sell. Two dots on each. The first is an early signal and number two is a more powerfull signal. I have lined the profit track. But that depend of your exit strategy of cause. But there is posibility for a big profit in both cases. An SL is on latest swing. Hope it helps. {image}
Please, when the market open, post the screen of your trade so we can see the real system. ok? tanks in advance
  • #32
  • Oct 16, 2022 4:58pm Oct 16, 2022 4:58pm
Quoting Eod
{quote} Please, when the market open, post the screen of your trade so we can see the real system. ok? tanks in advance
Sure. I will post all trades. However there were no entry signals today. And that is how it is. Because pairs often are trending and on Daily timeframe, the signals are not there every day. The god news is then, that you often can run the positions for some time and get some lovely pips.

I will trade on the 1H today - on a demo and hopefully get some trades that I can post here.
MetaTrader 4 - so many advantages.
  • #33
  • Oct 17, 2022 12:23am Oct 17, 2022 12:23am
Quoting RiskFighter
{quote} Я не уверен, что вы правильно поняли. На этой картинке я нарисовал красные точки при покупке...
how did you filter out the losing trades circled? These transactions also fit the rules of the system. Have you accepted losses, or is there a filter? Thank you for sharing with us
  • #34
  • Oct 17, 2022 1:26am Oct 17, 2022 1:26am
Quoting RiskFighter
{quote} I am not sure that you git it right. On this picture I have painted red dots at buy and sell. Two dots on each. The first is an early signal and number two is a more powerfull signal. I have lined the profit track. But that depend of your exit strategy of cause. But there is posibility for a big profit in both cases. An SL is on latest swing. Hope it helps. {image}
Thank you for getting back to me. Lets say we didn't take the first sell trade that you have marked on chart. In that case what i marked is a valid buy set up (green circle) ?
Previous candles reached bottom band and candle crossed 5 ema (blue line). I like the simplicity of this system and i want to make sure i get this right. Cheers.
  • #35
  • Edited 3:28am Oct 17, 2022 3:15am | Edited 3:28am
So there were no trades on the Daily today. But I am investigating the 1 hour TF on a demo. Please understand, that this thread is about trading on the Daily. Lower timeframes are more unstabel. Therefore do not judge if I make loosers on H1!!!!

Here is the first setup on 1H today. Price closed below SMA5 and was above Upper Bollinger Band 2 bars ago. A clear setup. But against the trend and there is a probability, that it will bounce upwards on the 50EMA, so also dangerous. But again - this is demo and it does show the setup on strategy is.

Note that I was a little late. Drinking coffe with my wife and this is only demo. Stoploss 50 pips = 500 points. Risk 1% = 40$. So if I lose this one, I know that I will only lose 40$. I cannot lose anymore. This is exactly what Risk Management is about.
Attached Image (click to enlarge)
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MetaTrader 4 - so many advantages.
  • #36
  • Oct 17, 2022 3:56am Oct 17, 2022 3:56am
Quoting RiskFighter
So there were no trades on the Daily today. But I am investigating the 1 hour TF on a demo. Please understand, that this thread is about trading on the Daily. Lower timeframes are more unstabel. Therefore do not judge if I make loosers on H1!!!! Here is the first setup on 1H today. Price closed below SMA5 and was above Upper Bollinger Band 2 bars ago. A clear setup. But against the trend and there is a probability, that it will bounce upwards on the 50EMA, so also dangerous. But again - this is demo and it does show the setup on strategy is. Note...
Please share EA BollingerMA_1 thk
  • #37
  • Oct 17, 2022 3:59am Oct 17, 2022 3:59am
Quoting Night63
{quote} Please share EA BollingerMA_1 thk
Coming - not finished yet. I hope sometime this week.
MetaTrader 4 - so many advantages.
  • #38
  • Oct 17, 2022 4:08am Oct 17, 2022 4:08am
Got one more signal. This time I remembered to buy 2 entries.

To be honest, I don't think that the strategy is good on H1. It would need something more to add confluence. Any Ideas?
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MetaTrader 4 - so many advantages.
  • #39
  • Oct 17, 2022 5:38pm Oct 17, 2022 5:38pm
Hello! I find this system very interesting. Maybe for TF less than D1 it would be convenient to add a RSI 5 with level 50 to filter entries? Or a stochastic 5-3-3?
I will follow the thread very carefully.
  • #40
  • Oct 17, 2022 5:57pm Oct 17, 2022 5:57pm
No trades on the Daily today.

On H1 I traded 3 pairs, 2 portions of 1% risk of each:

EURCHF #1 tp at 1:1. #2 still running.
GBPCHF Lost both portions
NZDCAD #1 tp at 1:1 #2 hit break even.

So I got TP on 2 and SL on 2. That is zero profit.
And I got one running where break even has been set. Now the SAR har started up and I start trailing. So all in all some profit is secured for the trades today at H1.
The risk at using SAR for trailing is, that it is no good at ranging circumstances, so I need a trend starting up in order to get some nice profit.
Attached Image (click to enlarge)
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MetaTrader 4 - so many advantages.
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