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(binned per thread starter’s request) simple and profitable strat

  • #61
  • Edited 9:37pm Jul 25, 2024 9:09pm | Edited 9:37pm
made a custom indicator for this strategy =)


seems like you have to manually refresh trying to fix that
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
Attached File(s)
File Type: ex4 RSITREND.ex4   7 KB | 257 downloads
File Type: mq4 STOCHASTICTREND.mq4   6 KB | 282 downloads
  • #62
  • Jul 25, 2024 10:13pm Jul 25, 2024 10:13pm
Quoting adxking
made a custom indicator for this strategy =) seems like you have to manually refresh trying to fix that {file} {file} {image}
been trying everything seems like i cant fix it. Is there a script or ea that automatically refreshes?
  • #63
  • Jul 25, 2024 10:44pm Jul 25, 2024 10:44pm
hi adxking,

I found the following auto refresh indicator in forex factory. Please try.

thanks for your system.
Attached File(s)
File Type: mq4 AutoRefresh.mq4   1 KB | 217 downloads
  • #64
  • Jul 25, 2024 11:07pm Jul 25, 2024 11:07pm
Quoting RoyPK
hi adxking, I found the following auto refresh indicator in forex factory. Please try. thanks for your system. {file}
thanks =) will test
  • #65
  • Jul 25, 2024 11:51pm Jul 25, 2024 11:51pm
Hey adxking (https://www.forexfactory.com/adxking),
Thanks for sharing ur strategy.
I have a question, do u wait the signal candle close or u take entry as soon as the rules are comfirmed?
  • #66
  • Jul 26, 2024 12:41am Jul 26, 2024 12:41am
Quoting mq112358
Hey adxking (https://www.forexfactory.com/adxking), Thanks for sharing ur strategy. I have a question, do u wait the signal candle close or u take entry as soon as the rules are comfirmed?
i usually wait for the candle to close
  • #67
  • Jul 26, 2024 1:54am Jul 26, 2024 1:54am
XAUUSD 1M
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
  • #68
  • Jul 26, 2024 2:10am Jul 26, 2024 2:10am
you take you profit when the colours change?
  • #69
  • Jul 26, 2024 2:54am Jul 26, 2024 2:54am
Quoting oneilboy
you take you profit when the colours change?
yes in some cases if it doesn't hit my tp
  • #70
  • Jul 26, 2024 3:08am Jul 26, 2024 3:08am
13 trades today most were 1 minute scalps 10 wins 3 losses
  • #71
  • Jul 26, 2024 3:09am Jul 26, 2024 3:09am
Quoting oneilboy
you take you profit when the colours change?
also i do exits if the colour of the stoch blocks change to green
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: < 1 KB
  • #72
  • Jul 26, 2024 6:14am Jul 26, 2024 6:14am
Thanks for the updates - good to see that it is all working OK :-)
  • #73
  • Jul 26, 2024 8:12am Jul 26, 2024 8:12am
an EA for this system will be amazing
  • #74
  • Jul 26, 2024 12:06pm Jul 26, 2024 12:06pm
@adxking I have been using your exact mentioned settings of Stochastic and wilder's RSI and until now, I have been in profit.

5 wins and 1 loss. However, can you please inform where exactly we have to put SL?
  • #75
  • Jul 26, 2024 1:25pm Jul 26, 2024 1:25pm
Quoting yousufmahtab
@adxking I have been using your exact mentioned settings of Stochastic and wilder's RSI and until now, I have been in profit. 5 wins and 1 loss. However, can you please inform where exactly we have to put SL?
Glad to hear that! Well, it depends. I usually put it at 20 pips or 10 pips depending on the timeframe
  • #76
  • Jul 26, 2024 1:28pm Jul 26, 2024 1:28pm
Quoting oneilboy
an EA for this system will be amazing
its Definitely possible for an ea.
  • #77
  • Edited 3:50pm Jul 26, 2024 2:21pm | Edited 3:50pm
Quoting adxking
{quote} its Definitely possible for an ea.
but im no coder
  • #78
  • Jul 26, 2024 4:15pm Jul 26, 2024 4:15pm
4 wins no losses today

will be trying to make an ea this week
  • #79
  • Jul 26, 2024 8:39pm Jul 26, 2024 8:39pm
I will try your strategy. You can ask for EA in this thread
https://www.forexfactory.com/thread/166758-i-will-code-your-eas-and-indicators-for
  • #80
  • Edited 9:05pm Jul 26, 2024 8:42pm | Edited 9:05pm
Quoting nveemjay
I will try your strategy. You can ask for EA in this thread https://www.forexfactory.com/thread/166758-i-will-code-your-eas-and-indicators-for
just made an ea for this strategy with chatgpt just need to tweak the settings

edit seems like chatgpt doesn't want to work lol and the ea wont work anymore -_-
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