Ronnierott's 1 Hour Strategy | Page 41 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

4 hour strategy (the nausbot - 4 hour trader) 25 replies

Why does 4 hour bar close 1 hour later than daily bar? 6 replies

average true range for 1 hour and 4 hour charts 2 replies

X-1102 1 hour , 4 hour and daily Tf trades 7 replies

Create a verticle line at certain hour for every certain hour 16 replies

Attachments: Ronnierott's 1 Hour Strategy
Exit Attachments

Ronnierott's 1 Hour Strategy

  • #801
  • Apr 13, 2011 12:04pm Apr 13, 2011 12:04pm
Peter, u said you like playing around with the sl and tp. Did you find anything interesting yet ?
  • #802
  • Apr 13, 2011 1:21pm Apr 13, 2011 1:21pm
Did anyone else have the 100 loss on EU today?
Opened at 11:40 GMT @ 1.45195?
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #803
  • Apr 13, 2011 2:14pm Apr 13, 2011 2:14pm
Quoting jimmynoodles
Did anyone else have the 100 loss on EU today?
Opened at 11:40 GMT @ 1.45195?
Yes but GMT 10.40 (11.40 London time) brooker IBFX demo
  • #804
  • Apr 13, 2011 4:09pm Apr 13, 2011 4:09pm
Oh yeah sorry London time. Ok thanks for letting me know Elovv.
Noodles
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #805
  • Apr 14, 2011 2:06am Apr 14, 2011 2:06am
Quoting jubu
Peter, u said you like playing around with the sl and tp. Did you find anything interesting yet ?
Hi Jubu

I' ve only had time a little bit, been busy with other things
much the same results across the different risk ratios R:R 11 21 12

Its needs discretion when entering ie yesterdays EU had signs of reversal (divergence) hence I did not take it , This would not be picked up on the EA as it is and its these types of entries that will bring down the winning edge if just followed blindly
There is nothing wrong with the entry system- i like it alot for its simpleness and in conjunction with other indies like round numbers, sr etc and basic PA I will stick with the system for the time being.
I attach a sample of the case where the EA would take the trade and not take into account the Support level (which stands out like a sore thumb) and hence would result in another loss - although according to Ronnies rules alot of people woiuld not take it cos the signals appeared around 3.00 GMT - but he only uses these rules of trading hours cos it is his hours of being awake

I would like to know what other peoples results are like cos the strategy tester frustrates me and if anyone is getting "the edge" convincingly with it
Attached Image
  • #806
  • Apr 14, 2011 2:21am Apr 14, 2011 2:21am
GBPUSD hit SL
USDCHF hit TP
EURUSD hit SL
USDJPY +40pips still in trade

EURCHF -2pips still in trade
All sell
Using JUBUS ea
  • #807
  • Apr 14, 2011 7:56am Apr 14, 2011 7:56am
Quoting peterporter
Hi Jubu

I' ve only had time a little bit, been busy with other things
much the same results across the different risk ratios R:R 11 21 12

Its needs discretion when entering ie yesterdays EU had signs of reversal (divergence) hence I did not take it , This would not be picked up on the EA as it is and its these types of entries that will bring down the winning edge if just followed blindly
There is nothing wrong with the entry system- i like it alot for its simpleness and in conjunction with other indies like round numbers, sr etc and basic PA...
I agree with what you said 100%. I leave the EA running while doing other trading, to allow it to alert me to the setups Ronnie has laid out as his criteria to enter the trade, but from that point I always analyze S/R Over bought/sold , blah, blah blah, on the pair before entering the trade manually. and also track the trade while its on to take it off if it is struggling . Ive been trading this system for a good 2 weeks with very good results ( no losers yet ) Ronnie's setup seems solid (Thanks Ronnie) , and the EA is doing real well also( you have done a very fine job Jubu), but more as a second set of eyes to the setups rather than a set it and forget it .. . as a point . I am in the AUDCAD right not alerted by the EA , but looking at the daily it will most likely struggle around the 50 or 60 pip mark, so I will take it off early rather than hold out for the other 40 that may not come.
Take Care
Always Learning
  • #808
  • Apr 14, 2011 9:41am Apr 14, 2011 9:41am
USDJPY hit TP 100 pips Jubu EA
  • #809
  • Apr 15, 2011 3:06am Apr 15, 2011 3:06am
Hi, I'm new to this forum and thread. Been trading 18 months, still got some money! I've read all the posts, downloaded the EA and indicators, set it all up and been running on a demo since Monday. Very impressive, the results mirror other users' results. What a fantastic system and EA, thanks Ronnie and JuBu.I'll probably go live with it after easter on a micro account on minimum risk. I'll let you know how I get on.Thanks again. W.
  • #810
  • Apr 15, 2011 3:58am Apr 15, 2011 3:58am
Quoting wayne curry
Hi, I'm new to this forum and thread. Been trading 18 months, still got some money! I've read all the posts, downloaded the EA and indicators, set it all up and been running on a demo since Monday. Very impressive, the results mirror other users' results. What a fantastic system and EA, thanks Ronnie and JuBu.I'll probably go live with it after easter on a micro account on minimum risk. I'll let you know how I get on.Thanks again. W.

Good luck Wayne
Done hesitate to ask questions no matter how stupid you think they maybe
  • #811
  • Apr 15, 2011 4:07am Apr 15, 2011 4:07am
Quoting wayne curry
Hi, I'm new to this forum and thread. Been trading 18 months, still got some money! I've read all the posts, downloaded the EA and indicators, set it all up and been running on a demo since Monday. Very impressive, the results mirror other users' results. What a fantastic system and EA, thanks Ronnie and JuBu.I'll probably go live with it after easter on a micro account on minimum risk. I'll let you know how I get on.Thanks again. W.

Welcome to the thread Wayne..
  • #812
  • Apr 15, 2011 7:57am Apr 15, 2011 7:57am
Thanks guys, I hope to be around for a while. No, I won't hold back with any questions, we never stop learning and I'm not too proud to ask! W.
  • #813
  • Apr 15, 2011 9:57am Apr 15, 2011 9:57am
ronnie may i ask.. what trades do u have for this week ?
i only had 1 trade based on ur rules but i set it using jubu ea..
only had EU sell (loss) -100 pips
im having 1 GU buy now (which i took myself although jubu didnt give me any signal)
  • #814
  • Apr 16, 2011 2:02am Apr 16, 2011 2:02am
A very quiet week this week (probably one of the quietest I've seen since trading this)

Only had 2 trades, those being:-

13/04 E/U -100
15/04 G/U Still in play, currently -40

There was a very close setup on U/CHF, but the distance between the 15 EMA and low of candle was 31 pips (my limit is 30), and typically it went on to make the 100.

Let's hope for a bit more action next week.

Have a good weekend.
  • #815
  • Apr 16, 2011 3:27pm Apr 16, 2011 3:27pm
hi jubu

hope you remember my request !

for your easy reference :

http://www.forexfactory.com/showpost...&postcount=749

http://www.forexfactory.com/showpost...&postcount=758

regards
.Hawk.

Quoting jubu
OK.. i'll look at it next week. This week is going to be very busy for me as i have a lot of work to do and I won't have much time to spend here.
  • #816
  • Edited 4:40pm Apr 16, 2011 4:22pm | Edited 4:40pm
@ JUBU

jubu, probability of winning trades enhances tremendously once you consider heikin ashi closes only once price bounces of 15 EMA &

if added an option of - min range of closing heikin ashi bar's high/low from 15 EMA (ex : 20-32 or x -x), it filters a lot of bad trades & provides few signals .... strategy becomes more powerful.


http://img197.imageshack.us/img197/4537/51678764.gif

http://img98.imageshack.us/img98/7404/63123394.gif

http://img821.imageshack.us/img821/5271/18710593.gif

http://img24.imageshack.us/img24/3101/58344664.gif


Regards
.Hawk.
  • #817
  • Apr 16, 2011 6:33pm Apr 16, 2011 6:33pm
Quoting .Hawk.
[color="Blue"]@ JUBU

jubu, probability of winning trades enhances tremendously once you consider heikin ashi closes only once price bounces of 15 EMA...
Yes. I promised and i will but next week starting from Thuseday cause now i'm on a vacation in Bulgaria and sending this message from my phone.
  • #818
  • Apr 16, 2011 11:48pm Apr 16, 2011 11:48pm
in that case, you have a nice holiday in Bulgaria & thanks for timely reply !

regards
.Hawk.

Quoting jubu
Yes. I promised and i will but next week starting from Thuseday cause now i'm on a vacation in Bulgaria and sending this message from my phone.
  • #819
  • Apr 17, 2011 7:22am Apr 17, 2011 7:22am
ronnie just wanna ask since i suddenly thought bout it..
the very beginning, 3 moving averages..
MA METHOD IS ? simple, exponential?
APPLY to is ?? close ??

hehe..
  • #820
  • Apr 18, 2011 6:33am Apr 18, 2011 6:33am
Quoting nikita
ronnie just wanna ask since i suddenly thought bout it..
the very beginning, 3 moving averages..
MA METHOD IS ? simple, exponential?
APPLY to is ?? close ??

hehe..

15 exp applied to close
50 exp applied to high
50 exp applied to low
0 traders viewing now