Daily green/red candle | Page 34 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

need simple indicator for Daily green/red candle 2 replies

MT4 candle-by-candle manual backtesting 9 replies

How to make EA that send Open Price of Candle for every new candle 5 replies

Day's first H4 candle correlation to daily candle 14 replies

Correlation between first 4 hour candle and daily candle 1 reply

Attachments: Daily green/red candle
Exit Attachments

Daily green/red candle

  • #661
  • May 21, 2015 4:59am May 21, 2015 4:59am
Quoting slywoox
I tell my MM rules for this strategy. I open 2 orders for one pair. If my risk is 2% per trade I`m separate 1% for order. First order S/L is High/Low of candle T/P is 150Fb line. 2nd order S/L same High/Low of cande, but for second order I don't use T/P. When first order close, second order S/L I put on non loss zone +5pip. If price touch 200fb line S/L go on 150fb line. Every time S/L line go up till close. Sorry for english.
now i get it sly
its right MM strategy
go on
  • #662
  • May 21, 2015 5:09am May 21, 2015 5:09am
Quoting Erebus
{quote} Yes, it is better since London Open, the trailing stop will help you for sure 5 pair hit Take Profit already @ 50 pips EURAUD came very close, CHFJPY maybe good too, then if enough profit, time to close the rest {image}
Nice results!
but I was wondering why you took CHFJPY & EURAUD today? Yesterday's candle & candle the day before are both same color, maybe you mixed up with a different strategy for that 2 pairs?
  • #663
  • May 21, 2015 5:16am May 21, 2015 5:16am
Quoting Erebus
{quote} Yes, it is better since London Open, the trailing stop will help you for sure 5 pair hit Take Profit already @ 50 pips EURAUD came very close, CHFJPY maybe good too, then if enough profit, time to close the rest {image}
EA probably hit TP by now. I am still in trade though. Late entry
  • #664
  • Edited 5:23am May 21, 2015 5:17am | Edited 5:23am
Quoting lunarus
{quote} Nice results! but I was wondering why you took CHFJPY & EURAUD today? Yesterday's candle & candle the day before are both same color, maybe you mixed up with a different strategy for that 2 pairs?
I'll post 2 pictures, but you go first



check this post first

http://www.forexfactory.com/showthre...03#post8275103
It takes a lot for me to IGNORE you, but you can try.
  • #665
  • May 21, 2015 5:37am May 21, 2015 5:37am
Quoting Erebus
{quote} I'll post 2 pictures, but you go first
Here is mine, first image is positive sl trades, I still need to work on with the trailing stop settings though. The EA let me ride the profit waves until it hits trailing stop once reach certain amount of pips
2nd image is current active trades
but my entry is from the candle's body
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
Click to Enlarge Name: Screenshot2.png Size: 6 KB
  • #666
  • May 21, 2015 5:51am May 21, 2015 5:51am
Quoting lunarus
{quote} Nice results! but I was wondering why you took CHFJPY & EURAUD today? Yesterday's candle & candle the day before are both same color, maybe you mixed up with a different strategy for that 2 pairs?
Still waiting to see your pictures of these pairs you question about the candle colors

It takes a lot for me to IGNORE you, but you can try.
  • #667
  • May 21, 2015 6:06am May 21, 2015 6:06am
I don't understand the problem. On EURAUD I am in for today as well. It was nice entry. Not only color change but nice lower shadow. In my picture is marked yesterday closed candle..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 17 KB
  • #668
  • May 21, 2015 6:19am May 21, 2015 6:19am
i closed all the orders

only gold run

very good today +36%
  • #669
  • May 21, 2015 6:22am May 21, 2015 6:22am
Quoting dafa
I don't understand the problem. On EURAUD I am in for today as well. It was nice entry. Not only color change but nice lower shadow. In my picture is marked yesterday closed candle.. {image}
dafa
you are ok
what problem?
took long, in 140 or 150 fib you have TrSl , i mean now your sl= at entry
all its ok
  • #670
  • May 21, 2015 6:26am May 21, 2015 6:26am
Quoting dafa
I don't understand the problem. On EURAUD I am in for today as well. It was nice entry. Not only color change but nice lower shadow. In my picture is marked yesterday closed candle..
I totally agree, but the other guy question these 2 pair - still waiting to see his charts

I closed out all trades now

Good night
Attached Image (click to enlarge)
Click to Enlarge Name: 21-05-2015 9-20-46 PM.png Size: 54 KB
It takes a lot for me to IGNORE you, but you can try.
  • #671
  • May 21, 2015 6:34am May 21, 2015 6:34am
Quoting Erebus
{quote} Still waiting to see your pictures of these pairs you question about the candle colors
I think the problem is from my chart template, i need to check again when i reach home
Quoting dafa
I don't understand the problem. On EURAUD I am in for today as well. It was nice entry. Not only color change but nice lower shadow. In my picture is marked yesterday closed candle.. {image}
Omg Thank you for pointing out the error. When I checked on my phone the chart looks the same as yours, I need to get back to my computer to find out the problem
  • #672
  • May 21, 2015 6:56am May 21, 2015 6:56am
Less than 2 weeks trading the system. Thanks for sharing Dimdel !!



Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB
  • #673
  • May 21, 2015 7:33am May 21, 2015 7:33am
Quoting Erebus
{quote} I totally agree, but the other guy question these 2 pair - still waiting to see his charts I closed out all trades now Good night {image}
According to the strategy, you went long too soon mate.
Entry rule is to go long/short at high/low of the candle, not at closing price
  • #674
  • May 21, 2015 7:41am May 21, 2015 7:41am
Quoting Dezil
EA attached. settings: RiskSum - the sum in dollars which you want to risk in each trade. Default 0 RiskPercent - what part of current balance you want to risk in each trade. Default 3%. If you set it to 0 then EA will use RiskSum to calculate risk per trade SLfactor - what part of previous candle size you want to use as SL. Default 1 - that means that SL is all previous candle size. TPfactor - the same as SL. Default 1 - means that TP=SL or RR 1/1 or TP is Fibo 200. So if you want RR 1/2 set it to 2. Actually you can use any value. BEfactor - when...
Hi Dezil,

I would like your EA so as to avoid having to wait for end of the day.
This works well on 1M TF? I tried, but I failed.
--
Z.
  • #675
  • May 21, 2015 8:45am May 21, 2015 8:45am
Quoting Fbird
Less than 2 weeks trading the system. Thanks for sharing Dimdel !! {image}
Good job, bro. Great system, don't you think?
  • #676
  • May 21, 2015 9:05am May 21, 2015 9:05am
Hi Dimdel,

Please find updated EA with AutoTrade = True/False

Some of the features are as follows:

1. Fixed TP or TP as Fibo 1.5 and SL as previous high/low

2. UltraFxTrend can be used to see if price line is below or above in Daily chart.
BuyStop will be placed only if Price is above UltraFxTrend
SellStop will be placed only if Price is below UltraFXTrend

3. Trying to implement trade expiration, but it giving some error, so not yet implemented in this version. Trade should expire on next day start.
Attached File(s)
File Type: zip Dimdel_Daily_Candle.zip   89 KB | 736 downloads
  • #677
  • May 21, 2015 9:42am May 21, 2015 9:42am
Quoting ChicagoRob
{quote} Good job, bro. Great system, don't you think?
Yep. Positively surprised by its simplicity.
  • #678
  • May 21, 2015 10:54am May 21, 2015 10:54am
Quoting AbhijetPandi
Hi Dimdel, Please find updated EA with AutoTrade = True/False Some of the features are as follows: 1. Fixed TP or TP as Fibo 1.5 and SL as previous high/low 2. UltraFxTrend can be used to see if price line is below or above in Daily chart. BuyStop will be placed only if Price is above UltraFxTrend SellStop will be placed only if Price is below UltraFXTrend 3. Trying to implement trade expiration, but it giving some error, so not yet implemented in this version. Trade should expire on next day start. {file}



you are the best

thanks my friend
very clever ., and work in all TF
i have many homework to do
  • #679
  • May 21, 2015 11:06am May 21, 2015 11:06am
Quoting AbhijetPandi
Hi Dimdel, Please find updated EA with AutoTrade = True/False Some of the features are as follows: 1. Fixed TP or TP as Fibo 1.5 and SL as previous high/low 2. UltraFxTrend can be used to see if price line is below or above in Daily chart. BuyStop will be placed only if Price is above UltraFxTrend SellStop will be placed only if Price is below UltraFXTrend 3. Trying to implement trade expiration, but it giving some error, so not yet implemented in this version. Trade should expire on next day start. {file}
Thanks for the good work. Will give feedback after trying it out at demo.
  • #680
  • May 21, 2015 11:12am May 21, 2015 11:12am
Quoting FxLapozi
{quote} Thanks for the good work. Will give feedback after trying it out at demo.
is Trader explorer using the same system as DimDel?
1 trader viewing now