(binned per thread starter’s request) A system to capture open | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

multiple systems per pair/multiple pairs per system? 3 replies

Attachments: (binned per thread starter’s request) A system to capture open
Exit Attachments

(binned per thread starter’s request) A system to capture open

  • #301
  • Jun 22, 2025 6:37am Jun 22, 2025 6:37am
here is a example of trades below
Attached Image (click to enlarge)
Click to Enlarge Name: examples.jpg Size: 167 KB
  • #302
  • Jun 22, 2025 6:47am Jun 22, 2025 6:47am
it does not matter how far price closes past the 5 shift 2

trust the moving average to keep you in the trade
  • #303
  • Jun 22, 2025 6:51am Jun 22, 2025 6:51am
if we can make an EA for this it would be good

it does not matter what time of day you enter

the entry is a close past the top or bottom sma

and trail with top or bottom sma
  • #304
  • Jun 22, 2025 7:23am Jun 22, 2025 7:23am
hello, I was wondering what settings you use for the sma
  • #305
  • Jun 22, 2025 8:00am Jun 22, 2025 8:00am
5 sma high low shift 2

easy
  • #306
  • Jun 22, 2025 8:06am Jun 22, 2025 8:06am
Quoting jamesagnew
it does not matter what time of day you enter the entry
Well, that has nothing to do with the strategy presented here. It clearly states that trading only takes place for the first 1.5 hours after the opening.

I'm rather confused as to what that means for the author. The first 1.5 hours after the Sydney or Tokyo Open, and whether anyone has ever taken the trouble to backtest the strategy for a month, where the entries and exits for a consistent currency pair in a specific session were executed exactly as described, what are the results?

Some have mentioned that WITHOUT additional subjective chart reading aspects, such strictly mechanical entries would not lead to any long-term positive results.
  • #307
  • Jun 22, 2025 8:10am Jun 22, 2025 8:10am
Quoting Noisy
{quote} Well, that has nothing to do with the strategy presented here. It clearly states that trading only takes place for the first 1.5 hours after the opening. I'm rather confused as to what that means for the author. The first 1.5 hours after the Sydney or Tokyo Open, and whether anyone has ever taken the trouble to backtest the strategy for a month, where the entries and exits for a consistent currency pair in a specific session were executed exactly as described, what are the results? Some have mentioned that WITHOUT additional subjective chart...

who cares

an EA would be amazing for this method
  • #308
  • Jun 22, 2025 11:55am Jun 22, 2025 11:55am
after further study , the entry is close past high or low and stop loss is opposite close ,

target 100 pips

good luck
  • #309
  • Edited 1:26pm Jun 22, 2025 1:16pm | Edited 1:26pm
this template is very self expletory

close above the sma go long target 40 pips

close under the sma go short target 40 pips

stop loss when close on other side of the sma
Attached File(s)
File Type: tpl open and close past sma.tpl   < 1 KB | 62 downloads
  • #310
  • Jun 22, 2025 2:49pm Jun 22, 2025 2:49pm
an EA would be good for this next template

its setting 5 shift 10

high low

when the price starts to go above the top sma enter long and hold until the price gives reverse signal breach of the low

this is my final template

good luck guys
Attached File(s)
File Type: tpl 5 shift 10 entry on breach.tpl   < 1 KB | 66 downloads
  • #311
  • Jun 22, 2025 3:35pm Jun 22, 2025 3:35pm
with this new template enter as the price goes past the top sma or bottom sma

on breach no close

stop loss 20 pips


then wait for the open and close to go past the sma and trail with the sma low when selling and trail using the sma high when buying
  • #313
  • Jun 22, 2025 6:05pm Jun 22, 2025 6:05pm
Quoting jamesagnew
ok guys final update ok ? enter on close past the sma high or low stop loss breach past the blue sma {file}
Don't come to this thread or others and pollute them with your garbage ideas. What you have posted is crap.
Your trade order needs to be in the right place at the right time.
  • #314
  • Jun 22, 2025 8:53pm Jun 22, 2025 8:53pm
Quoting jamesagnew
ok guys final update ok ? enter on close past the sma high or low stop loss breach past the blue sma {file}
you go jamesagnew..you go!!!
  • #315
  • Jun 22, 2025 11:50pm Jun 22, 2025 11:50pm
Quoting Islandfx911
{quote} Don't come to this thread or others and pollute them with your garbage ideas. What you have posted is crap.
lol
  • #316
  • Jun 23, 2025 11:40pm Jun 23, 2025 11:40pm
Quoting Islandfx911
{quote} Don't come to this thread or others and pollute them with your garbage ideas. What you have posted is crap.


I made an EA and a TradingView script based on your strategy. I’m not sure if that’s something you’d be interested in, since it looks like this thread has gone quiet. But thank you for sharing the strategy.

There’s an entry you took on EJ. If there’s anything else I should know about this strategy, I want you to know that there’s someone here who’s genuinely interested.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB


https://www.forexfactory.com/attachment/image/4965660/thumbnail?d=1748253027
Dark
  • #317
  • Jun 25, 2025 6:29am Jun 25, 2025 6:29am
I made a pinescript of this strategy with basic 2:1 RR criteria and it seems to be a profitable strategy. Will need some tweaks and experiment with other money management techniques. On other pairs it seems to also be profitable with every one of those having a 40% Winrate, only EURGBP seems to have a winrate of 36%. Very impressive strategy!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 51 KB
Click to Enlarge Name: screenshot.png Size: 55 KB
  • #318
  • Jun 30, 2025 8:15am Jun 30, 2025 8:15am
gu, nice risk reward , and opening hours trade
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 60 KB
  • #319
  • Jun 30, 2025 8:36am Jun 30, 2025 8:36am
Quoting BDfx77
gu, nice risk reward , and opening hours trade {image}
brackeven hit -0
  • #320
  • Jun 30, 2025 8:33pm Jun 30, 2025 8:33pm
EurJpy
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
0 traders viewing now