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Daylight Trading Strategy

  • #1,441
  • Edited Mar 25, 2022 1:19am Mar 24, 2022 6:43pm | Edited Mar 25, 2022 1:19am
Hi, this interesting thread is getting quiet lately, so please see my observations on EUR/USD from this week. I am just starting with this strategy and these are my thoughts from several past days.
On 1H TF price was spinning around 60 MA and just under 200 MA. What can be seen after the breakout and closed candle outside the channel it can be reasonable to wait for a pullback and if it occurs decide from a little bit better price whether to trade or not. Thanks to that it would be possible to got out with lower loss or BE.
I remember that it was already mentioned in this topic in the past and it looks like this advice is still valid.
Any comments to the below potential trades are much appreciated. Has anyone tried to trade these setups?
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  • #1,442
  • Apr 5, 2022 6:07am Apr 5, 2022 6:07am
Hi . . Re Templates / Indicators : I have added these to MT4 platform OK, but would like to add them to an MT5 platform. (mainly the "Daylight_Aggr. Template" and the "Price_Crosses_5SMMA_High_Low" indicator)

However, repeating the MT4 procedure on MT5 does not seem to work properly (understandably).
Do they need to be re-written for MT5 or am I missing something?

If nothing else, how does one get the two MAs on the Williams %R sub-window (for Daylight Aggr.)
Thanks in advance for any pointers . . .
  • #1,443
  • May 4, 2022 9:39pm May 4, 2022 9:39pm
Hello LauraT and all members.
Thank you for the great trading idea. I've seen and tested a lot of ideas. I don’t want to say they weren't good, they just didn't work well for me. But this daylight strategy is perfect for me. Just wonderful. Very easy and clear.

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I read about the daylight scanner, but unfortunately it doesn't work. But luckily I found another scanner. That is a very big help. It gives me an acoustic signal on my mobile phone and also on my laptop. So I don't have to sit in front of the computer so long and clicking from one currency pair to the next one. This scanner is free.
Here on the chart I put 2 MAs in, just to show. (Yellow and Orange). When yellow and orange cross, comes the signal. This 2 MAs are not there when I am trading. You can play with the MAs settings and set it up according to the situation you want to be notified.

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Care should be taken on weak market moves, often the price fails to cross the resistance and support levels. So the price goes back.

Please write a comment about it. I think this combination is fantastic. Comes almost close to the Holy Grail.

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Thank you so much LauraT.

Kind regards
________________
Michael.MSA
Don't trade because you think you have to do something.
  • #1,444
  • May 6, 2022 10:08am May 6, 2022 10:08am
Quoting Michael.MSA
Hello LauraT and all members. Thank you for the great trading idea. I've seen and tested a lot of ideas. I don’t want to say they weren't good, they just didn't work well for me. But this daylight strategy is perfect for me. Just wonderful. Very easy and clear. {image}{image}{image} I read about the daylight scanner, but unfortunately it doesn't work. But luckily I found another scanner. That is a very big help. It gives me an acoustic signal on my mobile phone and also on my laptop. So I don't have to sit in front of the computer so long and clicking...
Hi,

Thanks for your kind words. Glad you find Daylight helpful. And thank you for sharing details of the free indicator - i'm sure people will find it useful.
  • #1,445
  • Jun 10, 2022 9:03am Jun 10, 2022 9:03am
Haven't posted a Daylight trade in a while but it's been a very good period lately for the aggressive -50 line cross. Here's a Dow trade I closed recently.

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  • #1,446
  • Jun 10, 2022 9:12am Jun 10, 2022 9:12am
And another...

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  • #1,447
  • Jun 10, 2022 11:21am Jun 10, 2022 11:21am
Quoting Michael.MSA
Hello LauraT and all members. Thank you for the great trading idea. I've seen and tested a lot of ideas. I don’t want to say they weren't good, they just didn't work well for me. But this daylight strategy is perfect for me. Just wonderful. Very easy and clear. {image}{image}{image} I read about the daylight scanner, but unfortunately it doesn't work. But luckily I found another scanner. That is a very big help. It gives me an acoustic signal on my mobile phone and also on my laptop. So I don't have to sit in front of the computer so long and clicking...
Just seen this. Is the indicator available on trade view charts?
every Saint has a past. Every Sinner has a Future
  • #1,448
  • Jun 11, 2022 5:22am Jun 11, 2022 5:22am
Quoting LauraT
{quote} Hi, Thanks for your kind words. Glad you find Daylight helpful. And thank you for sharing details of the free indicator - i'm sure people will find it useful.

Just seen this. Is the indicator available on trade view charts?
every Saint has a past. Every Sinner has a Future
  • #1,449
  • Edited 9:13am Jun 29, 2022 2:59am | Edited 9:13am
Quoting LauraT
And another... {image}
>What happened to this forum, it's not been active for a while while now
Why everyone has moved back to the Roadmap forum, wasn't this strategy working.????
  • #1,450
  • Jul 4, 2022 7:39pm Jul 4, 2022 7:39pm
i have been using this strategy and has been going quite well for me i trade on 4h chart tho.
  • #1,451
  • Jul 6, 2022 1:25am Jul 6, 2022 1:25am
Quoting LauraT
Haven't posted a Daylight trade in a while but it's been a very good period lately for the aggressive -50 line cross. Here's a Dow trade I closed recently. {image}
Hi Laura, thanks for the thread.

Just a quick question. Do you find the channel more effective than the MA cross or similar on the price?
  • #1,452
  • Jul 6, 2022 2:28am Jul 6, 2022 2:28am
Quoting FocusWinReal
{quote} Hi Laura, thanks for the thread. Just a quick question. Do you find the channel more effective than the MA cross or similar on the price?
Hi,

I prefer the channel over the MAs, yes.
  • #1,453
  • Jul 6, 2022 4:04am Jul 6, 2022 4:04am
Quoting LauraT
{quote} Hi, I prefer the channel over the MAs, yes.
Ok thanks.
  • #1,454
  • Jul 7, 2022 9:08am Jul 7, 2022 9:08am
Finally read through all 72 pages and I am ready to begin (only took me 3 days)

@lauraT thank you for all of your work on this and other threads. I wish you many blessings!
  • #1,455
  • Jul 18, 2022 9:36am Jul 18, 2022 9:36am
Hey laura, thank you for this thread and thank you to everybody who has contributed to it. I’ve just finished reading the whole thing and feel like i’m ready to start with this strategy. This is the first sell trade I took. Does it look valid?
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  • #1,456
  • Aug 2, 2022 5:14am Aug 2, 2022 5:14am
Quoting PhillipmC
i have been using this strategy and has been going quite well for me i trade on 4h chart tho.
What setting have you found the best on 4h tf? Thanks
  • #1,457
  • Edited 3:02am Dec 20, 2022 2:19am | Edited 3:02am
Quoting LauraT
1. Red MA above Green MA on main chart and daylight exists between them.
Sorry what does 'daylight' mean?

Does it mean the gap between the red and green MA?

Also Laura, may i ask how long have you been trading this strategy for?
  • #1,458
  • Jan 10, 2023 9:52am Jan 10, 2023 9:52am
Quoting trumpaline
{quote} Sorry what does 'daylight' mean? Does it mean the gap between the red and green MA? Also Laura, may i ask how long have you been trading this strategy for?
MA's crossing and gap between them is growing...

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  • #1,459
  • Jan 18, 2023 10:50pm Jan 18, 2023 10:50pm
Quoting BlackNapkins
{quote} MA's crossing and gap between them is growing... {image}
thanks so much!

may i ask how long have you been trading this for and what exit strategy do you use?
  • #1,460
  • Jan 29, 2023 9:05am Jan 29, 2023 9:05am
Quoting trumpaline
{quote} thanks so much! may i ask how long have you been trading this for and what exit strategy do you use?
Trumpaline,
Sorry for delay in answering your question…
I am not using this strategy, just for sometime, just was surprised with simplicity and effectiveness of such simple approach… Was trading for few weeks…
I made test of five different exit strategies …
Study please Excel file I am sending, if any question appears, feel free to ask,

Attached File(s)
File Type: xlsx Another test of Lura T - Daylight ver agressive testing closings.xlsx   68 KB | 505 downloads


Attached File(s)
File Type: zip Samples of test - 2023.zip   539 KB | 394 downloads
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