This is correct?
SF
SF
Attached Image (click to enlarge)
{quote} please describe in text exact date/time of entries
Sell of the high was 06/16/2023 also 2-3PM. It's just 30m chart of eurusd. If you open it, you should see it right away. Thank You
- #104
- Edited 8:43am Jun 23, 2023 7:10am | Edited 8:43am
{quote} 06/15/2023 about 3PM (Prague time) Sell of the high was 06/16/2023 also 2-3PM. It's just 30m chart of eurusd. If you open it, you should see it right away. Thank You
1st entry was skipped and 2nd was taken. The problem is that expert I used to analyze (and which runs now signals in blometech.com) operates on M5 bars openings only.
And I see why 1st trade was skipped:
Here did not take the 1st signal because no M5 bar opening price.
And here the 2nd signal ok because M5 opening bar exactly matches the notable number 1.0966
This is my mistake in the strategy description. Well... it seems this is hard to trade manually because must check every M5 opening bar and can't place just pending orders (with expiration) at the tradable time starting hours... fck.. my bad.
Well.. then for now manually can be traded only by using blometech.com signals...
Please forgive me for my error in not correct explanation of the entry rules. Updated Post nr1.
- #107
- Jun 27, 2023 8:06am Jun 27, 2023 8:06am
- Joined Dec 2022 | Status: Trader | 2,427 Posts
You have an IQ lower than 90 if you interact with this user.
- #109
- Edited 9:59am Jun 27, 2023 8:53am | Edited 9:59am
Closed SELL on EURUSD with TP 87 pips, deal was opened 7 days, entry was on 1.0966. And after 45 minutes opened BUY on 1.0866. {image} Quite frequent entries for EURUSD.. For now, 14 entries and 71% profitable, while risk reward ratio is ~5/8. From history profitable trades ~58% in backtests and ~52% if forwardtests. Here we see the fluctuation of profitability % reaching the upper limit and can be expected some DD for this particular signal. 71% is way too big a success rate to keep it continuing to rise.
{quote} thank you. Turns out it is my mistake in the strategy description... 1st entry was skipped and 2nd was taken. The problem is that expert I used to analyze (and which runs now signals in blometech.com) operates on M5 bars openings only. And I see why 1st trade was skipped: {image} Here did not take the 1st signal because no M5 bar opening price. {image} And here the 2nd signal ok because M5 opening bar exactly matches the notable number 1.0966 This is my mistake in the strategy description. Well... it seems this is hard to trade manually...
Thank you
{quote} I don't get it. Can I know where open price must be? It must open below the level to sell and vice versa? I'm kinda stupid here. xD Thank you
In the strategy I described, we analyze the opening prices of 5-minute bars, which are known as M5 bars. The entry condition depends on these opening prices.
Looking at the first image I mentioned (skipp1.png), the reason the first trade signal was skipped is that there was no M5 bar opening price available. Without this price data, the strategy couldn't determine whether the entry condition was met.
On the other hand, in the second image (take_deal.png), the second trade signal was valid because the opening price of the M5 bar precisely matched the notable number of 1.0966, satisfying the entry condition.
I must admit that my mistake was not clearly explaining the reliance on M5 bar openings in my strategy description. This led to confusion, and for that, I apologize.
Manually trading this strategy can be challenging because it requires checking every M5 opening bar individually. It cannot be easily executed through pending orders with expiration times. However, at blometech.com the right analysis is done and you can get correct trade signals.
Once again, I apologize for any confusion caused by my error in explaining the entry rules.
{quote} Thank you for your question, and I apologize for any confusion caused by my initial explanation. Let me clarify the point for you. In the strategy I described, we analyze the opening prices of 5-minute bars, which are known as M5 bars. The entry condition depends on these opening prices. Looking at the first image I mentioned (skipp1.png), the reason the first trade signal was skipped is that there was no M5 bar opening price available. Without this price data, the strategy couldn't determine whether the entry condition was met. {image}...
I was just confused. That's all. Now I can finally take a note and watch this properly. Good job again and thank you for you help. Now I got it right 
Good thing is I helped you fix your post at least. And that's good for all of us
I tried signal on the USD/JPY. Moved the TP to next support after 25p drawdown, couldn't risk another loss. Could have been closed after few hours, sadly we went up once more.
I would call it success.
however If I knew that we'll get TP at least 15p before, I would open even 1 lot.
I would call it success.
however If I knew that we'll get TP at least 15p before, I would open even 1 lot.
I tried signal on the USD/JPY. Moved the TP to next support after 25p drawdown, couldn't risk another loss. Could have been closed after few hours, sadly we went up once more. I would call it success.
from that signal provider learned that risk/reward with a ratio of 40/30 pips maybe is the best ratio.. it gives >60% profitable deals and that helps to stay emotionally positive when trading manually.
Today USDJPY hit SL 37 pips (was in profits ~24 pips before reversal), before that completed AUDCAD with TP 34 pips.
There are other portfolios running and waiting for acceptance to put in blometech.com signals page. So far mostly in DD but according to analysis DDs are ok.
you can check portfolio of portfolios in myfxbook. 2 portfolios runing with strategies generated by Chat GPT - from this another my thread.
Meanwhile preparing new portfolio with notable numbers strategy - entries on M1 bars openings. So far analyzed 8 symbols - here how it looks now:
And drawdowns:
At this stage seems year 2023 for that new portfolio is not good. But ok still have a lot of symbols to analyze/include maybe will get better.
you can check portfolio of portfolios in myfxbook. 2 portfolios runing with strategies generated by Chat GPT - from this another my thread.
Meanwhile preparing new portfolio with notable numbers strategy - entries on M1 bars openings. So far analyzed 8 symbols - here how it looks now:
And drawdowns:
At this stage seems year 2023 for that new portfolio is not good. But ok still have a lot of symbols to analyze/include maybe will get better.
{quote} you are free to experiment with notable numbers signals.. for example when I started trading ~5 years ago then didn't understand anything.. and I started with a free signal provider. And I adjusted entries.. when a signal arrived I put pending orders 10 pips away from the original entry to wait for a small DD and only then enter. from that signal provider learned that risk/reward with a ratio of 40/30 pips maybe is the best ratio.. it gives >60% profitable deals and that helps to stay emotionally positive when trading manually. Today USDJPY...
Market mostly moves in 50% moves. You are very clever and nice guy, so I'm telling you this. I will not explain it any further, but, if you have no idea what I mean, let me know in PM. I'll help you.
Also, maybe better way, if you think you know what I mean, send me PM, too. With picture of chart. We can talk about it. I would be even happy to hear from you any ideas with such info. It can be traded very profitably, I can even say that you can pinpoint where price will retrace, so your SL can be even 5 pips with TP even three times more. Even though, I agree it's very hard to achieve such RRR without MTF analysis.
Take care and have a nice day. I'll wait to hear from you.
- #117
- Edited 3:59pm Jun 29, 2023 3:45pm | Edited 3:59pm
{quote} Correct. Yeah, I was afraid we'll get stoploss on UJ. Thats why I adjusted from original entry the take profit. Price went for example 24 pips down on our direction, but then reverses up again. So.. My idea is, price will need to retrace (hopefully) so I just move my TP up a bit so we can take at least some profit. Market mostly moves in 50% moves. You are very clever and nice guy, so I'm telling you this. I will not explain it any further, but, if you have no idea what I mean, let me know in PM. I'll help you. Also, maybe better way, if...
Seems like if we aim to validate a handful of rare patterns, say 15 trades over 10 years, the total number of trades needed would be quite staggering. In fact, we'd need about 700 trades! Do the math on that one... it turns out to be 46 years of trading. Isn't that something to ponder?
There are other portfolios running and waiting for acceptance to put in blometech.com signals page. So far mostly in DD but according to analysis DDs are ok. {image} you can check portfolio of portfolios in myfxbook. 2 portfolios runing with strategies generated by Chat GPT - from this another my thread. Meanwhile preparing new portfolio with notable numbers strategy - entries on M1 bars openings. So far analyzed 8...
Here is how the unified portfolio performed from 2013 till 2020 backtests and from 2020 till now forward tests:
Created an additional live account and here is how it started to perform:
Let's see how this will continue ~3 months. If all ok might include signals in blometech.com... here will be 2x more signals. But I'm afraid it might lead to the overtrading issue..