DHR - Daily Half Range Strategy | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Half trend + Double Level Grid Strategy 53 replies

Strategy: Daily Range Spike and Pull Back 161 replies

daily range Strategy 782 replies

Daily Range Strategy 19 replies

Another Daily Range Strategy GBP/USD 23 replies

Attachments: DHR - Daily Half Range Strategy
Exit Attachments

DHR - Daily Half Range Strategy

  • #121
  • May 24, 2023 4:53am May 24, 2023 4:53am
Quoting transmat
{quote} See here : https://www.forexfactory.com/search?searchid=43496810
Found here Indicators with ON/OFF buttons | Page 41 | Forex Factory
  • #122
  • May 24, 2023 4:57am May 24, 2023 4:57am
Slow day on EURUSD, no trade so far. Maybe news later will cause movement.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB


Price sitting in ~60 pip range for the last 4 days, including today so far, So walking away today.
  • #123
  • Edited 5:22am May 24, 2023 5:12am | Edited 5:22am
How annoying is that, after deciding not to trade today! But better than having an SL trade. Done for the day.

News did the trick.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
  • #124
  • May 24, 2023 5:37am May 24, 2023 5:37am
Quoting Ronin-
Simple DHR Scanner. However this is not part of the method. The method is NOT to chase pips; like a dog chasing cars. In this method every part is rule based even the take profit. The scanner will not be developed further, it was coded in kind by me. {file}
Dear, I am not able to get any output from this scanner indicator.
  • #125
  • May 24, 2023 5:44am May 24, 2023 5:44am
Quoting BfromG
{quote} Dear, I am not able to get any output from this scanner indicator.
Please explain. Output from buffers or indicator not displaying on chart etc.....?
  • #126
  • May 24, 2023 6:11am May 24, 2023 6:11am
It works gents BUT us old timers do not wake up early enough....
cpfleger
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 72 KB
  • #127
  • May 24, 2023 6:12am May 24, 2023 6:12am
Quoting Ronin-
{quote} Please explain. Output from buffers or indicator not displaying on chart etc.....?
Attached to chart, but just dark screen. I have plain pair symbols, with no suffix. Tried in all TF to no avail as well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Click to Enlarge Name: screenshot.png Size: 4 KB
  • #128
  • May 24, 2023 6:32am May 24, 2023 6:32am
Quoting BfromG
{quote} Attached to chart, but just dark screen. I have plain pair symbols, with no suffix. Tried in all TF to no avail as well. {image} {image}
That is due to the text being black. Change the chart background to check.

If time allows I will look at seeing if text color can be changed; but is not a priority.
  • #129
  • May 24, 2023 6:52am May 24, 2023 6:52am
Quoting Ronin-
How annoying is that, after deciding not to trade today! But better than having an SL trade. Done for the day. News did the trick. {image}
I couldn't take this trade because I wasn't in front of my computer
Guppy re-invented All Time Return: 83.3%
  • #130
  • May 24, 2023 7:01am May 24, 2023 7:01am
Quoting Ronin-
{quote} That is due to the text being black. Change the chart background to check. If time allows I will look at seeing if text color can be changed; but is not a priority.
Never mind, we tried ... Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
  • #131
  • May 24, 2023 7:02am May 24, 2023 7:02am
Quoting BfromG
{quote} Never mind, we tried ... Thanks. {image}
That is interesting. I'm not sure what is happening there. Will look at the code of the scanner.

Thanks for letting me know.
  • #132
  • Edited 7:29am May 24, 2023 7:04am | Edited 7:29am
Quoting 8tango
{quote} I couldn't take this trade because I wasn't in front of my computer
Expert advisor is coming..... still testing.

It is difficult to filter out spike days, low ADR days (as only known after the event), and still trying to figure out the interact between the day low / high and the 50% ADR(10). Looking at currency strength, position of price relative to various market structures etc...

The 50% ADR seems to occur around previous day high / low, which is considered the breakout zone and S/R.

Progress is being made, but slow.

I'm trading the method manually, so I can take into account market structure, news etc. There needs to be a plausible story for entering a trade. This is why I try to provide a few notes regarding each trade (whether TP or SL) and no-trade days. On occassion I will get it wrong.
  • #133
  • May 24, 2023 7:30am May 24, 2023 7:30am
I missed too this trade today
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 28 KB
Guppy re-invented All Time Return: 83.3%
  • #134
  • May 24, 2023 8:05am May 24, 2023 8:05am
Dear Ronin,
Allow me to express my utmost admiration for your remarkable system. I have eagerly engaged in practicing and exploring its capabilities.
In light of my profound admiration, I humbly beseech you to consider incorporating an alert function into the indicator. It would be an invaluable addition that, when the indicator touches the designated lines, could promptly dispatch a visually striking pop-up alert and phone alert. Such a feature would empower us to initiate trades manually, enhancing our control over the process.
In my humble opinion, the implementation of a semi-automated system, complemented by this alert function, would undeniably elevate the overall functionality to perfection. It would strike an exquisite balance between automation and manual intervention, ensuring a harmonious fusion of efficiency and user control.
Thanks a lot,
SZABOLCS (neilpryde)
  • #135
  • May 24, 2023 10:15am May 24, 2023 10:15am
I have roughly backtested it, maybe really work
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
  • #136
  • Edited 12:31pm May 24, 2023 10:39am | Edited 12:31pm
Quoting neilpryde
Dear Ronin, Allow me to express my utmost admiration for your remarkable system. I have eagerly engaged in practicing and exploring its capabilities. In light of my profound admiration, I humbly beseech you to consider incorporating an alert function into the indicator. It would be an invaluable addition that, when the indicator touches the designated lines, could promptly dispatch a visually striking pop-up alert and phone alert. Such a feature would empower us to initiate trades manually, enhancing our control over the process. In my humble opinion,...
Dear neilpryde, Thank you for the kind words of support and suggestions.

Two buffers have been purposefully left in the indicator to add an alert function with pop up, email and notifications. This will be added in the next version of DHR Line Indicator.

I agree that a semi-automated approach is preferable for now as some observations are difficult to describe in the language of maths; for me at least.
  • #137
  • Edited 10:56am May 24, 2023 10:41am | Edited 10:56am
Quoting jeffho1992
I have roughly backtested it, maybe really work {image}
Agree with rough back-test. Overall profitable but areas of improvement required for an automated system.

Manual trading is different, as we can look at market structure etc.. before making a decision to trade or not.

Continue to research filters for the automated system. Time of day filter does help.
  • #138
  • May 24, 2023 10:45am May 24, 2023 10:45am
Quoting Ronin-
{quote} Agree with rough back-test. Overall profitable but areas of improvement required for an automated system. Manually is different, as we can look at market structure etc.. before making a decision to trade or not. Continue to research filters for the automated system. Time of day filter does help.
I personally prefer Algo/Auto since it more reliable. I will try to modify it and see what will happen.
  • #139
  • May 24, 2023 12:13pm May 24, 2023 12:13pm
Quoting jeffho1992
{quote} I personally prefer Algo/Auto since it more reliable. I will try to modify it and see what will happen.
Firstly thank you to Ronin for starting this thread I have started testing the system it looks great.
Hi Jeffho what parameters have you used on that test and is it Version5 ?
  • #140
  • Edited 1:56pm May 24, 2023 1:33pm | Edited 1:56pm
Quoting Akqa
{quote} Firstly thank you to Ronin for starting this thread I have started testing the system it looks great. Hi Jeffho what parameters have you used on that test and is it Version5 ?
Thank you.

Please could I ask that test parameters are shared to allow testing by others. Thank you.
0 traders viewing now