how i can manage the spudfibo?
to see what i want?
thanks
to see what i want?
thanks
- #563
- May 19, 2015 7:19am May 19, 2015 7:19am
- | Membership Revoked | Joined Feb 2013 | 2,217 Posts
{quote} hi opem i have lock my 300% profit and i am thinking now....
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
Hello Dimdel & Everybody,
First, I apologize for bad English, because it is my third language and may be any mistake. Second, I thanks to Dimdel for sharing this profitable and simplest set and forget strategy. I hope you (Dimdel) will add me in his students list.
I am reading this thread since it was started and testing this strategy on demo account. I am trading six pairs (eurusd, gbpusd, audusd, usdjpy, usdcad, usdchf) and I am satisfied because in first week there was no loosing trade (I do not count break evens).
This strategy is in complete form and I think there is no need to add filters because there is already color filter. Some users asking about filters but they do not known that adding another filter will also filter some winning trades. If there are some loosing trades, we should find a reason why we have lost those trades instead of adding and testing new indicators. After finding any reason, we should solve that issue with filters.
After doing manual back test on some pairs I have found that most of loosing trades are due to fundamental reasons including economic news, but on the other hand, there are also some winning trades due to economic news releases. If we add a filter that does not trade major news releases, we will get rid from some loosing trades but will also could not trade those wining trades that happens due to news releases. There is also some news like speeches and all day items see economic calendars how we will filter them. The solution is we should only keep an eye on employment data on first Friday of month and fomc etc. other high impact news which do not goes more than 100 pips we should trade.
Every currency pair has different modes same as human, those modes have different name such, as trend, range, consolidation, swings etc. This time we are wining after some weeks or months if trading daily chart we will lose. If we are losing on a currency pair in these days, we will also win in feature with same strategy and same period. So be careful when filtering and choosing best currency pairs. If losing at this time be patient and wait for new opportunities, instead of changing strategy or adding filters.
This thread was created to make this strategy better not complex, so please does not make it complex. If you can not trade a simple strategy how do you trade a complex strategy. I have just one little piece of information I think it is useful and will make this strategy a little more simple, so I am sharing with you.
Go to Fibo properties and do not change levels just add %$ in description column and you will see actual price instead of levels. See attached image, I am using on my charts.
First, I apologize for bad English, because it is my third language and may be any mistake. Second, I thanks to Dimdel for sharing this profitable and simplest set and forget strategy. I hope you (Dimdel) will add me in his students list.
I am reading this thread since it was started and testing this strategy on demo account. I am trading six pairs (eurusd, gbpusd, audusd, usdjpy, usdcad, usdchf) and I am satisfied because in first week there was no loosing trade (I do not count break evens).
This strategy is in complete form and I think there is no need to add filters because there is already color filter. Some users asking about filters but they do not known that adding another filter will also filter some winning trades. If there are some loosing trades, we should find a reason why we have lost those trades instead of adding and testing new indicators. After finding any reason, we should solve that issue with filters.
After doing manual back test on some pairs I have found that most of loosing trades are due to fundamental reasons including economic news, but on the other hand, there are also some winning trades due to economic news releases. If we add a filter that does not trade major news releases, we will get rid from some loosing trades but will also could not trade those wining trades that happens due to news releases. There is also some news like speeches and all day items see economic calendars how we will filter them. The solution is we should only keep an eye on employment data on first Friday of month and fomc etc. other high impact news which do not goes more than 100 pips we should trade.
Every currency pair has different modes same as human, those modes have different name such, as trend, range, consolidation, swings etc. This time we are wining after some weeks or months if trading daily chart we will lose. If we are losing on a currency pair in these days, we will also win in feature with same strategy and same period. So be careful when filtering and choosing best currency pairs. If losing at this time be patient and wait for new opportunities, instead of changing strategy or adding filters.
This thread was created to make this strategy better not complex, so please does not make it complex. If you can not trade a simple strategy how do you trade a complex strategy. I have just one little piece of information I think it is useful and will make this strategy a little more simple, so I am sharing with you.
Go to Fibo properties and do not change levels just add %$ in description column and you will see actual price instead of levels. See attached image, I am using on my charts.
Inserted Code
Levels Description 0.00 SL %$ 1.00 GO %$ 1.40 BE %$ 2.00 TP %$
- #569
- May 19, 2015 7:50am May 19, 2015 7:50am
AUDUSD ---TP GBPUSD---TP EURUSD --- i change TP to 300 fib and Evgeny i try in demo to find a filter because the backtest ok i can be winner for 1 or 2 month but later the market will take back twice and more so...
- #574
- May 19, 2015 9:41am May 19, 2015 9:41am
- Joined Oct 2012 | Status: Trader | 2,561 Posts
[quote=Tjml;8271025]Hello Dimdel & Everybody, First, I apologize for bad English, because it is my third language and may be any mistake. Second, I thanks to Dimdel for sharing this profitable and simplest set and forget strategy. I hope you (Dimdel) will add me in his students list. I am reading this thread since it was
hi Tjml
this is the point
simple
i am testing demo one thing to add .
to make better the win/lose
will see but in anycase the initial idea cant change
(ok you are in the team)
thanks
hi Tjml
this is the point
simple
i am testing demo one thing to add .
to make better the win/lose
will see but in anycase the initial idea cant change
(ok you are in the team)
thanks
- #577
- May 19, 2015 10:03am May 19, 2015 10:03am
- Joined Oct 2012 | Status: Trader | 2,561 Posts
{quote} I for one likes to trade different pairs. I believe if I ever make one wrong decision on one single trade, the other might cover up the losses for me. I would rather be safe than to be "all in" in a single trade. It's way more risky in that way. No matter how confident one can be of a trade entry, one can never control the market.
i can not be compared
- #578
- May 19, 2015 10:08am May 19, 2015 10:08am
- Joined Oct 2012 | Status: Trader | 2,561 Posts
i must catch the 300
- #580
- May 19, 2015 12:08pm May 19, 2015 12:08pm
Hi Dimdel, Please find attached EA. Basically to show all 28 pairs in which the candle is having color change on daily chart. Based on 1 Post, the previous and 2nd last candle are compared. If previous candle is different than last 2nd candle, the pair is shown with the current trend either up or down. If this is correct, then i was planning to trigger buy stop/limit or sell stop/limit on each pair. Also the pair button can be clicked to open a chart with desired template to cross check the previous {image} {file}
All "Under one Roof".....28 Pairs in ONE GLANCE... It's a masterpiece creation.
Green pips to u Abhijet
~hanuraj