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Daily green/red candle

  • #101
  • Apr 30, 2015 4:18am Apr 30, 2015 4:18am
There is an Australian guy that uses a similar system on You Tube . The Daily alert candle he says the system gives 80% strike rate .
The only difference is that he takes the trade 9 pips above the bullish close of the alert candle and moves is stop to break even after
45 pips. He sometimes goes for 100 pips or sometimes takes the trade to next daily alert candle in the opposite direction.
Profit of 100 pips per month on each pair is realistic and with say 12 pair using 2% of your bank on each trade could give you 24% / month
You can view this video at
Inserted Video

Ps just waiting for funds from defunct Alpari to be returned to me so I can trade the system live
  • #102
  • Apr 30, 2015 5:10am Apr 30, 2015 5:10am
Quoting raylin
There is an Australian guy that uses a similar system on You Tube . The Daily alert candle he says the system gives 80% strike rate . The only difference is that he takes the trade 9 pips above the bullish close of the alert candle and moves is stop to break even after 45 pips. He sometimes goes for 100 pips or sometimes takes the trade to next daily alert candle in the opposite direction. Profit of 100 pips per month on each pair is realistic and with say 12 pair using 2% of your bank on each trade could give you 24% / month You can view this video...

YES RAYLIN

is very similar

so it can be profitable

i will study the daily alert
with first view i like it
thanks
  • #103
  • Apr 30, 2015 5:39am Apr 30, 2015 5:39am
many sites or systems with similar concept = many probability to be profitable this system ( not mine)

i insist daily trading, and i explain why:

if we trade H4 or H1 or M.........
there are many times that we will lose 1 or 2 or 3 trades in raw

our mind then think only to revenge
we want to take back the lose ( more lots,more angry,more bad trades)
and as you know we will lose more

if a bad day start , ok let it close bad , dont try to make the bad day good day.
many people can do it, ok they are the winners
but we dont make competition who can win more but who are generally profitable

if we trade daily and we trade % daily ( i mean i have decide to lose 3%) then we will lose in bad day the 3%
no more no less

till next day we can think more cool and to take more informed decisions
this is the only reason , to give the time to think cool

Some people might have been otherwise, I accept it.
  • #104
  • Apr 30, 2015 7:48am Apr 30, 2015 7:48am
Quoting MathTrader7
Here is the first version of the EA I have written for this strategy. Please note that this is an experimental EA and not all the features have been implemented in. {file}
thanks for your work MT7

i will do my test
  • #105
  • Apr 30, 2015 7:59am Apr 30, 2015 7:59am
Quoting MathTrader7
Here is the first version of the EA I have written for this strategy. Please note that this is an experimental EA and not all the features have been implemented in. {file}

not working
  • #106
  • Apr 30, 2015 8:33am Apr 30, 2015 8:33am
Quoting dimdel
{quote} not working
Did you run it on a demo account or in the strategy tester?
Trading is the hardest way to make easy money...
  • #107
  • Apr 30, 2015 9:59am Apr 30, 2015 9:59am
Quoting MathTrader7
{quote} Did you run it on a demo account or in the strategy tester?
in real account in strategy tester
  • #108
  • Apr 30, 2015 10:04am Apr 30, 2015 10:04am
Quoting dimdel
{quote} in real account in strategy tester
I fixed the bug. Please try the attached version.
Attached File(s)
File Type: ex4 MathTrader7_DailyRG_EA.ex4   63 KB | 2,392 downloads
Trading is the hardest way to make easy money...
  • #109
  • Apr 30, 2015 10:25am Apr 30, 2015 10:25am
Quoting MathTrader7
{quote} I fixed the bug. Please try the attached version. {file}
Hey MathTrader. It works only on daily tf for me.
Best, Josh
  • #110
  • Apr 30, 2015 10:25am Apr 30, 2015 10:25am
Quoting JoshuaHope
{quote} Hey MathTrader. It works only on daily tf for me. Best, Josh
The strategy is for Daily charts
Trading is the hardest way to make easy money...
  • #111
  • Apr 30, 2015 10:27am Apr 30, 2015 10:27am
Quoting MathTrader7
{quote} The strategy is for Daily charts
Just saw that, my bad
  • #112
  • Apr 30, 2015 10:49am Apr 30, 2015 10:49am
Quoting MathTrader7
{quote} I fixed the bug. Please try the attached version. {file}
ok now work

thanks

i have homework now.....
  • #113
  • Apr 30, 2015 10:50am Apr 30, 2015 10:50am
Quoting dimdel
{quote} ok now work thanks i have homework now.....

You're welcome!
Trading is the hardest way to make easy money...
  • #114
  • Apr 30, 2015 1:39pm Apr 30, 2015 1:39pm
Quoting MathTrader7
{quote} You're welcome!
HI MT7

i send you an xls file to see
what will would help me for a good backtest

I would appreciate it if you give a look

thank you

Attached File(s)
File Type: xls green red EA.xls   18 KB | 1,913 downloads
  • #115
  • May 1, 2015 3:57am May 1, 2015 3:57am
HI
till today ( 1 week )
i have +20%
every friday i post all the week orders
i think is very easy to see daily where to enter
  • #116
  • May 1, 2015 4:24am May 1, 2015 4:24am
Hi Dimdel Are you going to close trades when there is high impact news ie Non farmers payroll
  • #117
  • May 1, 2015 4:41am May 1, 2015 4:41am
Quoting raylin
Hi Dimdel Are you going to close trades when there is high impact news ie Non farmers payroll
no raylin

we all know that in news the price move as the big boys want
but because i trade daily incorporated all the noise
so
i dont care
the worst case scenario lose total 6%
ITS OK
i have lose with M5 or H1 or H4 > from 50% in one day
so i am ok if i lose only 6%
  • #118
  • May 1, 2015 4:52am May 1, 2015 4:52am
this week

Attached Image (click to enlarge)
Click to Enlarge Name: parask.png Size: 69 KB
  • #119
  • May 1, 2015 5:30am May 1, 2015 5:30am
Just to make things clear i assume
With the graphs above A tick indicates a completed trade
Cross indicates a failed trade with a tick indicates a re-enter in the opposite direction
Question mark indicates target not reached
Am I singing from the same hymn sheet Dimdel Ie are my assumptions correct
  • #120
  • May 1, 2015 6:47am May 1, 2015 6:47am
Quoting raylin
Just to make things clear i assume With the graphs above A tick indicates a completed trade Cross indicates a failed trade with a tick indicates a re-enter in the opposite direction Question mark indicates target not reached Am I singing from the same hymn sheet Dimdel Ie are my assumptions correct

my friend raylin
please dont use your english like poet or writer

the english isnt my mother languge , not even as uncle language
i prefer simple words

ok now

x= lose
v=win
?=still run

these you want?
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