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Daily green/red candle

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  • Post #661
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  • May 21, 2015 5:59am May 21, 2015 5:59am
  •  dimdel
  • Joined Oct 2012 | Status: Member | 2,506 Posts
Quoting slywoox
Disliked
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.
Ignored
now i get it sly
its right MM strategy
go on
 
 
  • Post #662
  • Quote
  • May 21, 2015 6:09am May 21, 2015 6:09am
  •  lunarus
  • | Joined Apr 2015 | Status: Member | 35 Posts
Quoting Erebus
Disliked
{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}
Ignored
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?
 
 
  • Post #663
  • Quote
  • May 21, 2015 6:16am May 21, 2015 6:16am
  •  FxLapozi
  • Joined May 2012 | Status: Trading from Mars | 830 Posts
Quoting Erebus
Disliked
{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}
Ignored
EA probably hit TP by now. I am still in trade though. Late entry
 
 
  • Post #664
  • Quote
  • Edited 6:23am May 21, 2015 6:17am | Edited 6:23am
  •  Erebus
  • Joined Jul 2011 | Status: Member | 7,292 Posts
Quoting lunarus
Disliked
{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?
Ignored
I'll post 2 pictures, but you go first



check this post first

http://www.forexfactory.com/showthre...03#post8275103
Don't believe everything that you THINK
BuyDips,SellRips Return This Week: na
 
 
  • Post #665
  • Quote
  • May 21, 2015 6:37am May 21, 2015 6:37am
  •  lunarus
  • | Joined Apr 2015 | Status: Member | 35 Posts
Quoting Erebus
Disliked
{quote} I'll post 2 pictures, but you go first
Ignored
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
 
 
  • Post #666
  • Quote
  • May 21, 2015 6:51am May 21, 2015 6:51am
  •  Erebus
  • Joined Jul 2011 | Status: Member | 7,292 Posts
Quoting lunarus
Disliked
{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?
Ignored
Still waiting to see your pictures of these pairs you question about the candle colors

Don't believe everything that you THINK
BuyDips,SellRips Return This Week: na
 
 
  • Post #667
  • Quote
  • May 21, 2015 7:06am May 21, 2015 7:06am
  •  dafa
  • | Joined Oct 2013 | Status: Member | 320 Posts
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
 
 
  • Post #668
  • Quote
  • May 21, 2015 7:19am May 21, 2015 7:19am
  •  dimdel
  • Joined Oct 2012 | Status: Member | 2,506 Posts
i closed all the orders

only gold run

very good today +36%
 
 
  • Post #669
  • Quote
  • May 21, 2015 7:22am May 21, 2015 7:22am
  •  dimdel
  • Joined Oct 2012 | Status: Member | 2,506 Posts
Quoting dafa
Disliked
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}
Ignored
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
 
 
  • Post #670
  • Quote
  • May 21, 2015 7:26am May 21, 2015 7:26am
  •  Erebus
  • Joined Jul 2011 | Status: Member | 7,292 Posts
Quoting dafa
Disliked
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..
Ignored
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
Don't believe everything that you THINK
BuyDips,SellRips Return This Week: na
 
 
  • Post #671
  • Quote
  • May 21, 2015 7:34am May 21, 2015 7:34am
  •  lunarus
  • | Joined Apr 2015 | Status: Member | 35 Posts
Quoting Erebus
Disliked
{quote} Still waiting to see your pictures of these pairs you question about the candle colors
Ignored
I think the problem is from my chart template, i need to check again when i reach home
Quoting dafa
Disliked
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}
Ignored
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
 
 
  • Post #672
  • Quote
  • May 21, 2015 7:56am May 21, 2015 7:56am
  •  Fbird
  • | Joined Jan 2013 | Status: Member | 233 Posts
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
 
 
  • Post #673
  • Quote
  • May 21, 2015 8:33am May 21, 2015 8:33am
  •  Patrick93
  • | Joined Apr 2015 | Status: Member | 10 Posts
Quoting Erebus
Disliked
{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}
Ignored
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
 
 
  • Post #674
  • Quote
  • May 21, 2015 8:41am May 21, 2015 8:41am
  •  zego
  • | Joined Jan 2015 | Status: Member | 31 Posts
Quoting Dezil
Disliked
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...
Ignored
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.
 
 
  • Post #675
  • Quote
  • May 21, 2015 9:45am May 21, 2015 9:45am
  •  ChicagoRob
  • | Joined Mar 2008 | Status: Member | 953 Posts
Quoting Fbird
Disliked
Less than 2 weeks trading the system. Thanks for sharing Dimdel !! {image}
Ignored
Good job, bro. Great system, don't you think?
 
 
  • Post #676
  • Quote
  • May 21, 2015 10:05am May 21, 2015 10:05am
  •  AbhijetPandi
  • Joined Apr 2011 | Status: Member | 216 Posts
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 | 588 downloads
 
 
  • Post #677
  • Quote
  • May 21, 2015 10:42am May 21, 2015 10:42am
  •  Fbird
  • | Joined Jan 2013 | Status: Member | 233 Posts
Quoting ChicagoRob
Disliked
{quote} Good job, bro. Great system, don't you think?
Ignored
Yep. Positively surprised by its simplicity.
 
 
  • Post #678
  • Quote
  • May 21, 2015 11:54am May 21, 2015 11:54am
  •  dimdel
  • Joined Oct 2012 | Status: Member | 2,506 Posts
Quoting AbhijetPandi
Disliked
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}
Ignored



you are the best

thanks my friend
very clever ., and work in all TF
i have many homework to do
 
 
  • Post #679
  • Quote
  • May 21, 2015 12:06pm May 21, 2015 12:06pm
  •  FxLapozi
  • Joined May 2012 | Status: Trading from Mars | 830 Posts
Quoting AbhijetPandi
Disliked
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}
Ignored
Thanks for the good work. Will give feedback after trying it out at demo.
 
 
  • Post #680
  • Quote
  • May 21, 2015 12:12pm May 21, 2015 12:12pm
  •  GoldenEA
  • | Additional Username | Joined Mar 2014 | 94 Posts
Quoting FxLapozi
Disliked
{quote} Thanks for the good work. Will give feedback after trying it out at demo.
Ignored
is Trader explorer using the same system as DimDel?
 
 
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