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Cloud Trade System

  • #1
  • First Post: Oct 2, 2023 12:49pm Oct 2, 2023 12:49pm
Cloud Trade System with Stochastic


Indicators

EMA 34 Close
SMA 150 Close
Stochastic 5,3,3

Rules

Don’t trade if price it’s inside EMA34 and SMA150 ( proudly named Cloud) or EMA34 is flat.
Entry: candle close over/below cloud and Stochastic it’s not in oversold zone or overbuy zone.
SL: oposite side of cloud
TP: RR 1:2 ( or more as you like )
Exit: candle close inside cloud

Timeframes

I prefer M15 ... but also work on any TF
Attached File(s)
File Type: ex4 MA_Shade.ex4   8 KB | 874 downloads

Attached File(s)
File Type: tpl cloud.tpl   2 KB | 620 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: cloud.png Size: 17 KB
  • #2
  • Oct 3, 2023 4:15am Oct 3, 2023 4:15am
I like the thread! Please continue!
  • #3
  • Edited 5:00am Oct 3, 2023 4:50am | Edited 5:00am
Few minutes ago
Same criteria for re entry
Below cloud ... not in Stoch oversold ... close candle
Attached Image (click to enlarge)
Click to Enlarge Name: re-entry.png Size: 12 KB
  • #4
  • Oct 3, 2023 4:59am Oct 3, 2023 4:59am
Another re entry ...

Attached Image (click to enlarge)
Click to Enlarge Name: re-entry-2.png Size: 12 KB
  • #5
  • Oct 3, 2023 6:26am Oct 3, 2023 6:26am
Quoting carlosbdf
Még egy bejegyzés... {image}
What generates the green arrow in this diagram?
If you answer, thank you!
  • #6
  • Oct 3, 2023 6:46am Oct 3, 2023 6:46am
Quoting carlosbdf
Another re entry ... {image}
beginners luck maybe?!

hopefully i have done this correctly

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
  • #7
  • Edited 7:04am Oct 3, 2023 6:54am | Edited 7:04am
Sikysilv

Luck is what gamblers have ... we as traders have rules and there is always a risk of loss.
From the reading of the graph of your entry... is correct ... you followed the rules ... it is not lucky
  • #8
  • Oct 3, 2023 6:59am Oct 3, 2023 6:59am
Thank you for the response and starting the thread. Just out of curiosity, how long have you been trading this system for?
  • #9
  • Oct 3, 2023 7:12am Oct 3, 2023 7:12am
And why not buy ???

Attached Image (click to enlarge)
Click to Enlarge Name: entrybuy.png Size: 13 KB
  • #10
  • Oct 3, 2023 7:25am Oct 3, 2023 7:25am
Exit ... candle close inside cloud ... small loss

Attached Image (click to enlarge)
Click to Enlarge Name: exit.png Size: 13 KB
  • #11
  • Oct 3, 2023 7:37am Oct 3, 2023 7:37am
Quoting Silkysilv
Thank you for the response and starting the thread. Just out of curiosity, how long have you been trading this system for?
Silkysiv
Months ago I traded a variant of this strategy, but using daily candles with buy stop and sell stop orders. After testing on M15 I have found it profitable even on time frames like M15, and I am using it daily in my trading. I think the intraday trader will find this strategy useful. I am testing an expert advisor to manage an order once it has been opened manually ... that allows me to step away from the keyboard ... once I have it set up I will share it.

Good luck with your trading !!!!
  • #12
  • Oct 3, 2023 7:41am Oct 3, 2023 7:41am
Entry again ...

Attached Image (click to enlarge)
Click to Enlarge Name: entry-again.png Size: 13 KB
  • #13
  • Oct 3, 2023 8:03am Oct 3, 2023 8:03am
Quoting pusztafie
{quote} What generates the green arrow in this diagram? If you answer, thank you!
Pusztafie

I've put it manually just for ilustration ...
I trade manually ... soon I share an expert advisor to manage an order once I have open it manually . ..
  • #14
  • Oct 3, 2023 8:34am Oct 3, 2023 8:34am
Hi

My humble contribution to this strategy.
Attached is an expert advisor who manages a manually placed order (or several).
If a candle closes inside the cloud, it closes the open positions of this asset.
It does not manage trailing stop ...

Attached File(s)
File Type: ex4 EA_ManageCloudOrder.ex4   16 KB | 270 downloads



In this way, profits can be allowed to run... while I stay away from my keyboard
  • #15
  • Oct 3, 2023 9:52am Oct 3, 2023 9:52am
I'm following the thread, thank you for the idea if I'm not asking too much, there is the possibility to make a single indicator with all 3 and with the cloud for MT5
Financial News In Seconds - FXRadar.live
  • #16
  • Oct 3, 2023 10:41am Oct 3, 2023 10:41am
Quoting LuckyAleh
I'm following the thread, thank you for the idea if I'm not asking too much, there is the possibility to make a single indicator with all 3 and with the cloud for MT5
LuckyAleh

I've using the following template at MT5

Attached File(s)
File Type: tpl cloud_5.tpl   6 KB | 243 downloads

Attached File(s)
File Type: ex5 MA_ribbon_1.1.ex5   20 KB | 256 downloads
  • #17
  • Oct 3, 2023 11:00am Oct 3, 2023 11:00am
Quoting carlosbdf
{quote} LuckyAleh I've using the following template at MT5 {file} {file}

Thanks for the help
Financial News In Seconds - FXRadar.live
  • #18
  • Oct 3, 2023 11:00am Oct 3, 2023 11:00am
SPY - 15 MIN

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
  • #19
  • Oct 3, 2023 11:07am Oct 3, 2023 11:07am
Carlos, if you backtest this methodically and reliably, over a decade’s tick-data for any currency-pair, both with and without the stochastic criterion, you’ll find that the stochastic parameter doesn’t actually make it more profitable: it reduces the trading-frequency (obviously) but it doesn’t improve the overall results, and you don‘t need it.
  • #20
  • Oct 3, 2023 11:14am Oct 3, 2023 11:14am
Quoting KarlKraus
Carlos, if you back test this methodically and reliably, over a decade’s tick-data for any currency-pair, both with and without the stochastic criterion, you’ll find that the stochastic parameter doesn’t actually make it more profitable: it reduces the trading-frequency (obviously) but it doesn’t improve the overall results, and you don‘t need it.
Thank you for the feedback Karl. I am sure you have used back testing software to back up your statement. Just by eyeballing previous trades, I can see that it has kept my out of losing trades. However it was manual back testing, which isn't the most reliable. I think I will get a back test pinescript to clarify. I will share my results when its done.
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