Easy entry system: coloured candles

it's just the smaller the TF the less you can go back. it's probably the huge ammount of data it would take for 1m charts to go back a few years.

like a lot of trend systems this performed very well again this week.
on the 4hr we have been in BUY mode on the GU since the 31/8 and on the EU 5/9.
Now below is a VERY, very rough, quick check on the EU buy entries from the 9th of this month from 7am till 10pm euro time. i basicaly just clicked and dragged to the highest point so all the numbers below are the max possible profit (something we'll never achieve). I just posted this to see what was possible on 1 pair last week.

6th: +23, +20 to 35, +22.
7th: +178, -18
10: nothing really
11: +11, +83
12: an entry around 16:45 goes to +35 eventualy
13: -20, -10, +224 (into the next day and still going)

Hi Kraven,

It seems your system is working for everyone. Thanks for all information and guidance. I want your help... In the 1st post you have given us temp and exe files. I have loaded temp in temp/ folder. but where should i load remaining exe & mq4 files and also after loading how should i activate them on my charts? sorry I am new to this...

colour candles 4.tpl
colour candles 15 4.tpl
!SM_ADR Marker.ex4
CCIarrow.mq4
FXUltraTrend.edu.ex4
FFCal Headlines.ex4

Bomi

go to 'experts' then 'indicators' and put them in there.

open a 15m chart and add the template, then open a 4hr chart and add template

on the Eu we had one bet today at 14:15 (gmt) nice short SL of 12. took half at +30 (yesterdays high) bailed the rest at +10 as it came down.

GU entry at 13:30 had SL of 20, this one went +30 but i failed to bail and got out for +12 (as it dropped under yesterdays high)

Hi Kraven,

Thanks for help.

Bomi

Hello kraven,

Congratulations for your thread.

Where´s the indicator of colored dots?
It doesn't appear in the chart when i load the 15m template.

Thank you.

Sorry, i found the indicator.
You put in post #2 ultra-signal

Hello kraven,

can i trade 5M and see trend in H1

i am a new to this market.
n thanks for posting..

Davit seems to trade on 5m tf.

today i didn't do much. had a trade on GU lost 8pips. there was another entry later but i wasn't around, very little movement on GU. EU nothing, pullback day

So since charts on lower TF can only go so far back (M15 --> March '11, etc) there is no real way to back test strategies right?

well that allows you to look back about 18months. No system is perfect though.

i didn't trade today. if you were up a nice trade at low risk at 4:15 also a rr: 15/22 pip trade at 15:30.

i like this system is there anyone doing in LIVE a/c...??

and if i want to trade with this then What is the best time to trade EUR/USD,GBP/USD,AUD/USD

hi Davit,

when will u post your results...?
i am waiting to see this system results..

GOOD MORNING FRIENDS...

as i have done some micro trade in my live a/c and got good results

3 trade WIN and 1 LOSS

total earn +53pip

Thanks KRAVEN

Does anyone know where I can find the source file for the Ultra Signal indicator Kraven uses on this system. I also use it on a 4 hour system, and I don't want to get up at 3am to put a trade on anymore. I was going to have someone make an EA for me just for the 3 O'clock candle, but I need the MQ4 file.

Thanks Much,
Freddie

I found it. It's called RitaLasker.mq4, if anyone is interested. It's a LWMA with a period of 80, both of which can be modified from your indicators folder. It seems more stable than most coloured MAs I've used. Good luck with Coloured Candles everyone.
Freddie

freddieG can you post it here as other's may be interest in modifying it.thanks

i found it

Thanks langjian98. I was was derelict in my duty.

Kraven, good effort.

Would you mind telling me what price data makes up the dotted line MA

Cheers
A