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The Grail (a system that is profitable)

  • #81
  • Mar 6, 2025 12:08pm Mar 6, 2025 12:08pm
Quoting waal69
{quote} Looking back, I observe if the HTF candle is the same color with the LTF entry candle more often the result is good. What do you think?
Do you mean that the result is good if the HTF candle is green, the LTF entry would get a better result?

I don't view it this way no; it just means that if the HTF candle is green, the bar closed above the 5SMA channel, which means momentum is thriving upwards, therefore a buy is more likely than a sell on LTF.

Indeed if you look back on the chart for example G/U H4 you see alot of consecutive green candles, which mean bulls are active.

I don't base any rules on the color of the HTF candles; it just gives a nice overview. Im more interested on the HTF in the MA'order + pointing up/down + that price did not touch the 20 (or the other) EMA(s). Candle color is just a nice addition on HTF, but no rules based on that.
  • #82
  • Mar 6, 2025 1:30pm Mar 6, 2025 1:30pm
If I may add something...

I suggest using the ADR to avoid buying into an extended move...

For example dont buy a continuation when ADR is at 80%.
Mind you this is for using 1H+ timeframes.
If you go for short term momentum plays, it plays les of a role.
  • #83
  • Edited 2:58pm Mar 6, 2025 2:47pm | Edited 2:58pm
Quoting TheJube
{quote} Hi RF; i am no coder in any way hehe, so no, i just found them online on FF or other forums/google. I know you are good at coding so i shared all type of files i have (MQ4 + EX4), so i hoped that you can play with it and maybe create something that could automate some things. I read your reply after this making maybe an exit robot based on the CCI; i think something like that could help alot, but might be difficult to code, but if you need help for that just let me know! I would be happy to help!
I read the code of the CCI filter. That will be easy to code. I often use CCI in my robots.
MetaTrader 4 - so many advantages.
  • #84
  • Mar 6, 2025 2:57pm Mar 6, 2025 2:57pm
Quoting CogAlpha
If I may add something... I suggest using the ADR to avoid buying into an extended move... For example dont buy a continuation when ADR is at 80%. Mind you this is for using 1H+ timeframes. If you go for short term momentum plays, it plays les of a role.
Thank you.
MetaTrader 4 - so many advantages.
  • #85
  • Mar 6, 2025 3:14pm Mar 6, 2025 3:14pm
Quoting RiskFighter
{quote} I read the code of the CCI filter. That will be easy to code. I often use CCI in my robots.
Nice! Sounds good!

So the CCI rule to code would be:

-After entry wait till CCI 200 AND CCI 50 AND CCI 20 are >100 at the same time (all green)

-Then exit 1/6th of the initial position when a CCI crosses under the 100 level, and under the 0 level (so two 1/6ths close per CCI, one below 100 and one below 0, sometimes it happens that it goes from >100 to <0 in 1 candle: then you close 2/6th (2 times 1/6th)
  • #86
  • Mar 6, 2025 3:38pm Mar 6, 2025 3:38pm
Quoting TheJube
{quote} Do you mean that the result is good if the HTF candle is green, the LTF entry would get a better result? I don't view it this way no; it just means that if the HTF candle is green, the bar closed above the 5SMA channel, which means momentum is thriving upwards, therefore a buy is more likely than a sell on LTF. Indeed if you look back on the chart for example G/U H4 you see alot of consecutive green candles, which mean bulls are active. I don't base any rules on the color of the HTF candles; it just gives a nice overview. Im more interested...
I got it now. Thanks for taking time to explain.
  • #87
  • Mar 6, 2025 4:53pm Mar 6, 2025 4:53pm
Quoting CogAlpha
If I may add something... I suggest using the ADR to avoid buying into an extended move... For example dont buy a continuation when ADR is at 80%. Mind you this is for using 1H+ timeframes. If you go for short term momentum plays, it plays les of a role.
ADR is very important and something all traders should be aware of before they place the trade. I have discussed this in detail in my threads.
I always have the spread and ADR on my charts. Another indicator I use is LFL ATR Projections. These two indicators give me extremes of the days trading.
You need to ensure your TP is within these extremes.
Something else traders should understand is the range and volatility of each pair as they are all different and they need to be traded accordingly.
Attached Image (click to enlarge)
Click to Enlarge Name: ADR Chart Display.png Size: < 1 KB

Attached File(s)
File Type: ex4 Daily Range PeterE.ex4   10 KB | 326 downloads

Attached File(s)
File Type: ex4 LFL-ATRprojections~.ex4   24 KB | 366 downloads
Your trade order needs to be in the right place at the right time.
  • #88
  • Mar 6, 2025 8:51pm Mar 6, 2025 8:51pm
Quoting Islandfx911
{quote} ADR is very important and something all traders should be aware of before they place the trade. I have discussed this in detail in my threads. I always have the spread and ADR on my charts. Another indicator I use is LFL ATR Projections. These two indicators give me extremes of the days trading. You need to ensure your TP is within these extremes. Something else traders should understand is the range and volatility of each pair as they are all different and they need to be traded accordingly. {image} {file} {file}
Thanks Island and Cog for your wisdom. Much appreciated.
MetaTrader 4 - so many advantages.
  • #89
  • Mar 7, 2025 1:28am Mar 7, 2025 1:28am
I was still sleeping, but at a first glance there were beautiful entry possibilities on EURUSD and GBPUSD and EURGBP H4-M30 combo, and USDCHF M30-M5 combo
  • #90
  • Mar 7, 2025 3:30am Mar 7, 2025 3:30am
Quoting TheJube
I was still sleeping, but at a first glance there were beautiful entry possibilities on EURUSD and GBPUSD and EURGBP H4-M30 combo, and USDCHF M30-M5 combo
Quite right. What about EURAUD? Missed too?
  • #91
  • Mar 7, 2025 3:48am Mar 7, 2025 3:48am
Quoting waal69
{quote} Quite right. What about EURAUD? Missed too?
Completely correct (H4-M30 combo)

I was checking from my phone some pairs only, did not check EUR/AUD, but that one was good as well
  • #92
  • Mar 7, 2025 4:32am Mar 7, 2025 4:32am
Quoting TheJube
{quote} Completely correct (H4-M30 combo) I was checking from my phone some pairs only, did not check EUR/AUD, but that one was good as well
EURCAD M30-M5 combo as well from 2,5 hours ago; beautiful

Will post charts later, not at laptop now
  • #93
  • Mar 7, 2025 4:57am Mar 7, 2025 4:57am
Quoting TheJube
{quote} EURCAD M30-M5 combo as well from 2,5 hours ago; beautiful Will post charts later, not at laptop now
Excellent! I'll be watching the two combos, M30-M5 & H4-M30 from next week. Thanks TheJube and RiskFighter.
  • #94
  • Edited 5:37am Mar 7, 2025 5:27am | Edited 5:37am
It looks like the system that is a combination of my system and Jube system is succesfull. So I have a suggestion. I can make a robot that gives alarms from that combinated system - on all combo TF's, not only my system as the Alarm2 is doing at this moment. Furthermore it can exit automatically using the CCI system. This might be the grail.

The robot will not be trading automatically, but you will get the possible trades served on a silver plate. Then you can decide if you take the trade, and the robot will exit when it is time, following the rules.

But I don't want to make this work for people that does not participate. Let me hear from you guys if you want to work on this project. If you have a day job and cannot make a lot of trades, then it is ok. Trade the H4 or the Daily TF and let us see how nice it works for people like you. Only participants will get this robot.

I need weekly lists of the trades you made during the week - all of them, not just the succesful. If we get a nice data pool, then we can scope the robot better. The list shall contain:

Day and time for the entry.
Instrument.
Pips gain or loss.
Long or Short trade.

And be honest. We need the losses too.

As pips is taken in 1/6 per exit, then sum the total pips and divide by 6 do get the real number.

It is best to trade demo. We don't want fear to be reflected in the data.

It is utmost important that the rules are followed 110%. Because that is what the robot does. If you did not follow the rules strictly, then do not report the trade. And I will check the data.

So let me hear if anybody want to participate - or should I just make it for myself?
MetaTrader 4 - so many advantages.
  • #95
  • Mar 7, 2025 7:14am Mar 7, 2025 7:14am
Quoting RiskFighter
It looks like the system that is a combination of my system and Jube system is succesfull. So I have a suggestion. I can make a robot that gives alarms from that combinated system - on all combo TF's, not only my system as the Alarm2 is doing at this moment. Furthermore it can exit automatically using the CCI system. This might be the grail. The robot will not be trading automatically, but you will get the possible trades served on a silver plate. Then you can decide if you take the trade, and the robot will exit when it is time, following the rules....
I am in of course!

I do think that maybe just creating the robot/EA/Dashbord for alerts, and the exit EA first is the best? Or not?

After that we can maybe tweak settings/the system itself, but that would be the easy part i think since it would just be changing values or adding rules.

We maybe can create a workgroup (discord) to backtest and check, but i am certain that the system itself as the rules we have now, is good and yield positive results (i am almost certain that for now these are the best settings/rules). We could change or add rules/things/values later always of course (optimize).

I would be always in to help, so let me know what you need. The thing with live trades is the exit: i cannot always be behind the screen so live trades that are fully 100% correct is hard to grasp now. I can backtest it and we can measure what the profits would have been in hindsight following the strict set of rules of course!
  • #96
  • Mar 7, 2025 7:27am Mar 7, 2025 7:27am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB

So USDCHF M30-M5 today:

I marked all entries according to the rules.
16 Entries. 7 Wins (a win is called a trade that gets to the CCI Max out point).
0,4375 % Winrate today
You can see the R:R for yourself, thus the profitability (of this small sample size)
  • #97
  • Mar 7, 2025 9:55am Mar 7, 2025 9:55am
Quoting RiskFighter
It looks like the system that is a combination of my system and Jube system is succesfull. So I have a suggestion. I can make a robot that gives alarms from that combinated system - on all combo TF's, not only my system as the Alarm2 is doing at this moment. Furthermore it can exit automatically using the CCI system. This might be the grail. The robot will not be trading automatically, but you will get the possible trades served on a silver plate. Then you can decide if you take the trade, and the robot will exit when it is time, following the rules....
Hi, I am setting up the system and hopefully next week will trade it on demo. Will report the trades. Thanks for your effort RiskFigher, TheJube and others.
  • #98
  • Mar 7, 2025 10:19am Mar 7, 2025 10:19am
Quoting RiskFighter
It looks like the system that is a combination of my system and Jube system is succesfull. So I have a suggestion. I can make a robot that gives alarms from that combinated system - on all combo TF's, not only my system as the Alarm2 is doing at this moment. Furthermore it can exit automatically using the CCI system. This might be the grail. The robot will not be trading automatically, but you will get the possible trades served on a silver plate. Then you can decide if you take the trade, and the robot will exit when it is time, following the rules....
Count me in. Still trying to understand Post#1 over and set it up. May take awhile, but once I get a demo set for this I will post the trades as best I can.
  • #99
  • Mar 7, 2025 10:33am Mar 7, 2025 10:33am
Quoting RiskFighter
It looks like the system that is a combination of my system and Jube system is succesfull. So I have a suggestion. I can make a robot that gives alarms from that combinated system - on all combo TF's, not only my system as the Alarm2 is doing at this moment. Furthermore it can exit automatically using the CCI system. This might be the grail. The robot will not be trading automatically, but you will get the possible trades served on a silver plate. Then you can decide if you take the trade, and the robot will exit when it is time, following the rules....
I'm in.
  • #100
  • Mar 7, 2025 10:39am Mar 7, 2025 10:39am
will i need the robot for the system to work?
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