The Winner | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Almost 95% winner USD/CHF System 79 replies

Winner/Loser Index 3 replies

My EA is a winner except for..... 2 replies

Winner vs. Losers (Size) - Could Use Some Advice. 11 replies

How much do You Pay for a Winner System 79 replies

Attachments: The Winner
Exit Attachments

The Winner

  • #221
  • May 21, 2025 1:45am May 21, 2025 1:45am
Quoting RiskFighter
{quote} Just tested my warning setup. It works perfect. Used M1 to get fast result. There are a million setups. What is the error you see? {image}
Have you put it into the "Indicators" folder?
MetaTrader 4 - so many advantages.
  • #222
  • May 21, 2025 1:58am May 21, 2025 1:58am
Quoting RiskFighter
{quote} Just tested my warning setup. It works perfect. Used M1 to get fast result. There are a million setups. What is the error you see? {image}
The indicator does a great job with color alerts. But I would like to receive phone alerts from him.
  • #223
  • May 21, 2025 2:32am May 21, 2025 2:32am
Quoting alfacentavra
{quote} The indicator does a great job with color alerts. But I would like to receive phone alerts from him.
Easy. Set "Notification" to true. Now you receive alerts on your phone, if it has Metatrader installed.

Let me hear if you know how to do it.
MetaTrader 4 - so many advantages.
  • #224
  • May 21, 2025 2:50am May 21, 2025 2:50am
Quoting RiskFighter
{quote} Easy. Set "Notification" to true. Now you receive alerts on your phone, if it has Metatrader installed. Let me hear if you know how to do it.
Yes, the settings match your recommendations. However, for reasons I don't understand, notifications aren't coming to my phone. since the other indicators I use send notifications without problems, I thought maybe your indicator has an error in the code? I would appreciate it if you check it out. thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20250521_124310.jpg Size: 169 KB
  • #225
  • May 21, 2025 4:48am May 21, 2025 4:48am
Quoting alfacentavra
{quote} Yes, the settings match your recommendations. However, for reasons I don't understand, notifications aren't coming to my phone. since the other indicators I use send notifications without problems, I thought maybe your indicator has an error in the code? I would appreciate it if you check it out. thank you! {image}
You are right. I seem to have deleted the code at some point.

Here is a new version. I have not tested, so let me know if it works.
Attached File(s)
File Type: ex4 WinnerAlarm4.ex4   11 KB | 270 downloads
MetaTrader 4 - so many advantages.
  • #226
  • May 21, 2025 5:12am May 21, 2025 5:12am
Quoting RiskFighter
{quote} You are right. I seem to have deleted the code at some point. Here is a new version. I have not tested, so let me know if it works. {file}
Sorry for cutting in..
Thank you for the update and for providing it in good faith
The alarm function worked properly.
  • #227
  • May 21, 2025 8:56am May 21, 2025 8:56am
Quoting RiskFighter
{quote} You are right. I seem to have deleted the code at some point. Here is a new version. I have not tested, so let me know if it works. {file}
it works perfectly. thank you!
  • #228
  • May 21, 2025 9:26am May 21, 2025 9:26am
Quoting RiskFighter
Today I have added the Daily Open line. So my chart is: Mika - the yellow punctuated line. Supertrend - the green, red line. Daily Open - the white punctuated line. MACD CCI A long only when a bar close over all these lines and if the bar was green. So there will be trades I do not get, because they are against the DailyOpen. It will be to my advantage most days, but not always. Exit using the Supertrend. Only close of bars, newer the witch. If you have had a nice long run, then you can exit using the low line at the Mika channel. It will get you...
Dear Risk fighter, I have a question about the set of tools you use. In this message, you say that your chart has undergone changes and the set of indicators has changed. I see that, for example, the SHA candlesticks and the ema20 L/H channel are now missing. Does this mean it's time to change post #1? please understand me correctly, it's only the second day I've been dealing with the information that you've kindly provided to all of us. I may have missed something and I'm asking you to help me figure it out. For example, my graph looks like the one shown in the picture. Is that right? thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 11.jpg Size: 627 KB
  • #229
  • May 21, 2025 9:58am May 21, 2025 9:58am
Dear Risk fighter, please give your assessment of my deal that I made today. The first picture shows the daily chart on which I found a potential entry to buy. On the second m30 chart, I entered into a trade using the indicator readings. The deal was closed with a loss on the stop order. What did I do wrong?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 629 KB
Click to Enlarge Name: 2.jpg Size: 666 KB
  • #230
  • May 21, 2025 3:10pm May 21, 2025 3:10pm
Quoting alfacentavra
Dear Risk fighter, please give your assessment of my deal that I made today. The first picture shows the daily chart on which I found a potential entry to buy. On the second m30 chart, I entered into a trade using the indicator readings. The deal was closed with a loss on the stop order. What did I do wrong? {image} {image}
From Post #1: Enter Long when a bar cross over the SHA upper Moving Average and CCI and MACD are green. SHA shall turn blue. at latest at the next bar, otherwise exit the trade. The opposite for Shorting.

So the best signal is the first bar in the new trend. In your case you took a bar 3 bars later and it had clearly showed that there were no spark in it. It could not even break above the 3 last bars. So you had a ranging situation on the Daily and the M30 turned out to be an awfull day to. Never select a daily that is ranging. It must either be the first bar or a steep trend.

It can be hard to find those setups on the Daily, so you can use the H4 in stead. And if you watch H4 in your example, you will also see some tiny bars with no life in them. This is not a potent setup.

Another thing - it is much important to select pairs that are behaving nicely on M30. Look 2 weeks back. Were there nice trends most of the time? I have selected the pairs to trade tomorrow. In my first selction there are 14 pairs. I stepped out of everything with GBP. Now I will go into details and find 8 pairs that have been behaving nicely for 2 weeks.

Tomorrow I will trade only if the lower timeframes show confluences in the right direction - M1, M5 - I will trade M15 tomorrow to get some larger runs.
MetaTrader 4 - so many advantages.
  • #231
  • May 21, 2025 3:12pm May 21, 2025 3:12pm
Quoting alfacentavra
{quote} Dear Risk fighter, I have a question about the set of tools you use. In this message, you say that your chart has undergone changes and the set of indicators has changed. I see that, for example, the SHA candlesticks and the ema20 L/H channel are now missing. Does this mean it's time to change post #1? please understand me correctly, it's only the second day I've been dealing with the information that you've kindly provided to all of us. I may have missed something and I'm asking you to help me figure it out. For example, my graph looks...
I should update post 1. I have just been to busy.

But I still also use the setups from post1. And tomorrow I will trade the setup that you are using.
MetaTrader 4 - so many advantages.
  • #232
  • May 22, 2025 2:21am May 22, 2025 2:21am
Quoting RiskFighter
{quote} I should update post 1. I have just been to busy. But I still also use the setups from post1. And tomorrow I will trade the setup that you are using.
That's good news. thanks
  • #233
  • May 22, 2025 2:23am May 22, 2025 2:23am
Quoting RiskFighter
{quote} From Post #1: Enter Long when a bar cross over the SHA upper Moving Average and CCI and MACD are green. SHA shall turn blue. at latest at the next bar, otherwise exit the trade. The opposite for Shorting. So the best signal is the first bar in the new trend. In your case you took a bar 3 bars later and it had clearly showed that there were no spark in it. It could not even break above the 3 last bars. So you had a ranging situation on the Daily and the M30 turned out to be an awfull day to. Never select a daily that is ranging. It must either...
Thank you for the detailed reply
  • #234
  • Edited 4:08am May 22, 2025 3:21am | Edited 4:08am
I have analyzed yesterdays possible results. I trade my strategies in automated robots. And I will take this opportunity to explain why robots are not fullautomatic and why you cannot be sure of profit using a strategy.

In this thread I use 2 types of entry signals: The EMAhigh/low and the MIKA. Yesterday MIKA turned out to be the best of them. So I backtested all trades on M5, M15 and M30. Result is attached.

The red cells are negative profit. The picture you can see here, will be different if I backtest tomorrow too. This is why it is so hard to make money by trading. So don't believe that your strategy will work every day.

In this test i used for enter: MIKA, Supertrend, MACD and CCI. For exit: Supertrend or reached target. Profit target was tested between 10 and 25 pips for each trade. The results you see here, are the best case.

I recommend that strength is used together with any strategy. BUT - the most common technique for that is tick based. That is only useable if you are scalping quick scalps - IMO. My recommandation is to use the strength situation at every closed bars. If I trade M30, then I like at least the strength of M5 and M15 to be positive.

Note on the Excel attached, that M5 is by far the most profittable timeframe. But this test has been made without taking into account the uncertain situation at market opens and the very wide spreads. The spread used is 2 pips at all trades. Nor has News been a subject. Also note, that when trading M5, the wicks are your enemy. My robots only exit on closed bars, hence wicks cannot take it out. But when you are sitting at the screen it is hard not to exit at a large wick. And those wicks will also hit your stop losses. My robot is hiding the stop loss, so it cannot be taken out by a wick.

At picture No#2, I have dismantled the trades into the different currencies.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
Click to Enlarge Name: screenshot.png Size: 22 KB
MetaTrader 4 - so many advantages.
  • #235
  • May 22, 2025 12:03pm May 22, 2025 12:03pm
Quoting RiskFighter
I have analyzed yesterdays possible results. I trade my strategies in automated robots. And I will take this opportunity to explain why robots are not fullautomatic and why you cannot be sure of profit using a strategy. In this thread I use 2 types of entry signals: The EMAhigh/low and the MIKA..... {image} {image}
very informative, thanks for this research
  • #236
  • Last Post: May 22, 2025 10:44pm May 22, 2025 10:44pm
This shall be my last post.

I have tested some of my favorites in this thread. One thing that is not working as expected, is trading LTF, when a Large breakout bar happens on HTF. The rest is fine. So:

 

  1. On HTF find instruments that are trending nicely. And the confluences are right.
  2. Find a LTF where price is trending nicely. Assure that on the journey, the bars stays mainly on the right side of your Moving Average.
  3. Take the trades on LTF whenever there is a breakout in the direction of the trend.
  4. Use a RRW on 1:n - n being 1, 1.5, 2 or 2.5
  5. Place a stoploss well away from the price, where it cannot be hit by a witch.
  6. Draw a stoploss line on the chart and exit manually if that line is exceeded by a close.

My main indicators is EMAhigh/low and MIKA. Use confluences to your liking.

AVOID choppy areas. These happens on all instruments. Put those instrumens down in the basement until they are again trending.

MetaTrader 4 - so many advantages.
0 traders viewing now