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Attachments: One hour (h1) divergence trading
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One hour (h1) divergence trading

  • #41
  • Oct 22, 2014 3:42am Oct 22, 2014 3:42am
careful when trading against the main trend:

- wait for USD weakness (major news)
- check E/U before diving into any trade

- don't take trades below 1:2 - R:R
- if your trades are underwater, mostly they won't reverse
- divergences fail...
- master lot sizes for each currency (calculate pip value)
- maximize profits / minimize losses with scaling it/out

keep an empty account 1/2 size of your main account at the same broker,
if something goes wrong transfer / increase your margin %

don't let your margin level go below %400-%500 at all times.

* improve yourself:
https://www.mta.org/eweb/DynamicPage...mended-reading

stoch div. is never enough,
master your entries with confirmations:

- RSI, MACD, Volume
- Support / Resistance Levels

is all you need.
  • #42
  • Oct 22, 2014 6:02am Oct 22, 2014 6:02am
Quoting openyoureyes
careful when trading against the main trend: - wait for USD weakness (major news) - check E/U before diving into any trade - don't take trades below 1:2 - R:R - if your trades are underwater, mostly they won't reverse - divergences fail... - master lot sizes for each currency (calculate pip value) - maximize profits / minimize losses with scaling it/out keep an empty account 1/2 size of your main account at the same broker, if something goes wrong transfer / increase your margin % don't let your margin level go below %400-%500 at all times. * improve...
Thanks m8, always knew I'd have to take on the CMT challenge one of these days may just plan it for 2015
Let it turn and find your entry.
  • #43
  • Oct 22, 2014 6:05am Oct 22, 2014 6:05am
Quoting krooza
This chart shows how waiting for the FO saved us from a false signal. The current set up looks like it might do exactly the same thing. We shall see. {image}
Kindly share your MACD indie if it's not proprietary. Thanks!
Let it turn and find your entry.
  • #44
  • Oct 22, 2014 7:32am Oct 22, 2014 7:32am
Hello Intrepidpips,

Thank you very much for this posting. I really appreciate you. I have one question: is it use for all pair in H1?

Very much looking forward to hearing from you.

Thanks
  • #45
  • Oct 22, 2014 9:08am Oct 22, 2014 9:08am
Quoting muhitalam
Hello Intrepidpips, Thank you very much for this posting. I really appreciate you. I have one question: is it use for all pair in H1? Very much looking forward to hearing from you. Thanks

Yes you can employ it on all pairs, trade responsibly.
Let it turn and find your entry.
  • #46
  • Oct 22, 2014 2:02pm Oct 22, 2014 2:02pm
Created an EA for UJ pair results are quite ok not sure if better leave bot with YTD or 3M best results. Nevertheless, what i noticed that using trailing profit gives much better results. And 30 pips TP/SL is not the best option. Optimization showed it works also well with 36/28 or even 80/30 TP/SL ratios.
Bellow are 3M results, with risk pper trade of 1.6% and maximum drawdown of 4.2%.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
  • #47
  • Oct 22, 2014 10:59pm Oct 22, 2014 10:59pm
Quoting Intrepidpips
{quote} Yes you can employ it on all pairs, trade responsibly.
Hello Intrepidpips,

Thank you very much for your help. Now i apply this & if face any problem then get back to you. Hope get good suggestion from you
  • #48
  • Oct 23, 2014 12:33am Oct 23, 2014 12:33am
Would you like to try your luck with this one?
  • #49
  • Oct 23, 2014 12:34am Oct 23, 2014 12:34am
I will try again.
Attached File(s)
File Type: ex4 Divergence Stochastic Alert.ex4   14 KB | 464 downloads
  • #50
  • Oct 23, 2014 1:15am Oct 23, 2014 1:15am
Quoting orangutangas
Created an EA for UJ pair results are quite ok not sure if better leave bot with YTD or 3M best results. Nevertheless, what i noticed that using trailing profit gives much better results. And 30 pips TP/SL is not the best option. Optimization showed it works also well with 36/28 or even 80/30 TP/SL ratios. Bellow are 3M results, with risk pper trade of 1.6% and maximum drawdown of 4.2%. {image}
Good job my friend
If you mean 80 TP and 30 SL that might be great for high ADR pairs I think for UJ 36TP/28SL would be worth a try.
Please stick around, let's collaborate.
Let it turn and find your entry.
  • #51
  • Oct 23, 2014 1:21am Oct 23, 2014 1:21am
Quoting Intrepidpips
{quote} Good job my friend If you mean 80 TP and 30 SL that might be great for high ADR pairs I think for UJ 36TP/28SL would be worth a try. Please stick around, let's collaborate.
Well 80/30 works well for USD/JPY on YTD time frame. Trickiest thing is to determine what period time frame to use for backtesting. We can use 80/30 with trailing stop on top of the trade
  • #52
  • Oct 23, 2014 1:28am Oct 23, 2014 1:28am
LIKELY CANDIDATE

GU seems priming up to continue yesterday's sell-off.
Guys, feel free to contribute whichever you spot.
Attached Image (click to enlarge)
Click to Enlarge Name: H1 [GBPUSD] I.png Size: 73 KB
Let it turn and find your entry.
  • #53
  • Oct 23, 2014 1:32am Oct 23, 2014 1:32am
Quoting orangutangas
{quote} Well 80/30 works well for USD/JPY on YTD time frame. Trickiest thing is to determine what period time frame to use for backtesting. We can use 80/30 with trailing stop on top of the trade

YTD time frame sorry which Tf is that?
Let it turn and find your entry.
  • #54
  • Oct 23, 2014 1:38am Oct 23, 2014 1:38am
Ok guys, tried to use same template for USD/JPY but not on H1, but on M15 timeframe. What i got is best parameters to use are 36/18 TP/SL. So it's you own decision if you trade H1 and have for one pair around 40 trades per 3M or use M15 and have 150 trades per 3M.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
  • #55
  • Oct 23, 2014 1:40am Oct 23, 2014 1:40am
Quoting Intrepidpips
{quote} YTD time frame sorry which Tf is that?
YTD results are for H1 time frame.
  • #56
  • Oct 23, 2014 1:52am Oct 23, 2014 1:52am
Quoting orangutangas
{quote} YTD results are for H1 time frame.

Learned something new today
Let it turn and find your entry.
  • #57
  • Oct 23, 2014 1:55am Oct 23, 2014 1:55am
WATCH LIST
Let's see which will close below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: H1 [CHFJPY].png Size: 73 KB
Click to Enlarge Name: H1 [GBPUSD] I.png Size: 73 KB
Click to Enlarge Name: H1 [EURUSD] IV.png Size: 74 KB
Click to Enlarge Name: H1 [EURJPY].png Size: 71 KB
Let it turn and find your entry.
  • #58
  • Oct 23, 2014 1:56am Oct 23, 2014 1:56am
Quoting Intrepidpips
{quote} Learned something new today
Trying to get another pairs to check how they work
  • #59
  • Oct 23, 2014 2:02am Oct 23, 2014 2:02am
Quoting Intrepidpips
WATCH LIST Let's see which will close below. {image} {image} {image} {image}
I'm short EU and GU
Let it turn and find your entry.
  • #60
  • Oct 23, 2014 2:26am Oct 23, 2014 2:26am
Quoting Intrepidpips
{quote} Kindly share your MACD indie if it's not proprietary. Thanks!
I am using this MACD.
Attached File(s)
File Type: ex4 MACD 2Line.ex4   3 KB | 288 downloads
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