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need simple indicator for Daily green/red candle 2 replies

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Daily green/red candle

  • #821
  • May 27, 2015 8:43am May 27, 2015 8:43am
οσοι ειμαστε Ελληνες μπορουμε να ενωσουμε δυναμεις και ιδεες
ας επικοινωνησουμε μεταξυ μας
στειλτε μου PM αν θετε, αν δεν θετε , οκ
εσεις δεν θα καταλαβαινετε τι γραφω στα αγγλικα...:nerd:
  • #822
  • May 27, 2015 11:25am May 27, 2015 11:25am
Έχω προβλήματα με το ελληνικό αλφάβητο
  • #823
  • May 27, 2015 11:50am May 27, 2015 11:50am
Quoting dimdel
{quote} {image}

Quoting dafa
{quote} BE isn't nothing more than move your Stop loss from the initial position to position where your position is locked in profit. Off course you have to be already in profit. It means, if you are in profit, no matter how much, it's upon to you, move SL to profit place. Standard is + 1-2pips from your entry price.
Thanks to both of you for explanation

Regards,
Moti
  • #824
  • May 27, 2015 12:49pm May 27, 2015 12:49pm
Quoting motiram
{quote} {quote} thanks to both of you for explanation regards, moti
Παρακαλώ
  • #825
  • May 27, 2015 1:14pm May 27, 2015 1:14pm
hahahaha
at the end i see
or you will trade cery profitable
or
you will learn greeks
  • #826
  • May 27, 2015 2:46pm May 27, 2015 2:46pm
AbhijetPandi & Dimdel

Thanks for the system and EA. I am going to try this on live account tonight running the EA There were few features which would make this EA even better if it can be implemented! thanks much

TP - @200 or @300 FIBO
Trailing Stop Loss / BE Options

Thanks!
  • #827
  • May 27, 2015 3:02pm May 27, 2015 3:02pm
Quoting avatarx51
AbhijetPandi & Dimdel Thanks for the system and EA. I am going to try this on live account tonight running the EA There were few features which would make this EA even better if it can be implemented! thanks much TP - @200 or @300 FIBO Trailing Stop Loss / BE Options Thanks!
Have you run it on demo before?
  • #828
  • May 27, 2015 4:36pm May 27, 2015 4:36pm
please
attention to MM
  • #829
  • May 27, 2015 11:36pm May 27, 2015 11:36pm
Trades in last couple of days (focusing on major pairs only)

 

  1. GU- Short- closed with BE of +18 pips
  2. EJ- Long- Opened yesterday- running with +90 pips (moved SL to BE=Entry+10 pips)
  3. EU- Long- Pending order

  • #830
  • May 27, 2015 11:39pm May 27, 2015 11:39pm
Quoting stevepatt
{quote} Hi George; Yes, I would have entered after that setup candle, see chart below. To be honest, with you, I have been taking a closer look at dimdel's method and I can see the merits of just Trading as per dimdel rules. I have been so used to "Trading with the Primary Trend" waiting for the "Market to Pullback" to "Support/Resistance" then waiting for the appropriate "Price Action" to take a Trade that I've been blind to what's right in front of my face. Dimdel's method is so simple yet looks to be effective as it is. {image}
Indeed "staring at our face" (BTW stevepatt: I have been following your posting in various threads (nihilist and your own PA) and have learned immensely thanks and )
  • #831
  • May 28, 2015 12:01am May 28, 2015 12:01am
goodmorning

It would be useful Those who made backtest to post their results

because i think the MM and the appropriate pairs will give the max profits
if we look > 20 pairs will trade every day 10-16 pairs
very large dispersion and need large capital to support this dispersion
so your backtest will help for our basket
thanks
  • #832
  • May 28, 2015 12:48am May 28, 2015 12:48am
Quoting dimdel
goodmorning It would be useful Those who made backtest to post their results because i think the MM and the appropriate pairs will give the max profits if we look > 20 pairs will trade every day 10-16 pairs very large dispersion and need large capital to support this dispersion so your backtest will help for our basket thanks
100% correct. I set my risk to 2%, so my MM varies according to how many pairs are being traded at any given time. That's
total, combined risk for all pairs. I always figure a worst case scenario for my basket and adjust my lot size accordingly. When trading several pairs, it's very easy to over-trade.

I find backtesting to be very informative. It only takes a few minutes to mark up a chart and tally the results. This is also a good way to find the pairs with the best price action. More, in many cases, doesn't always mean better. Like anything else in life, doing your homework will pay off in the long run.
  • #833
  • May 28, 2015 1:33am May 28, 2015 1:33am
Quoting AbhijetPandi
{quote} You are right...corrected this error. Silly mistake on my side...was checking previous low > current sell price... instead it should be previous low < current sell price then place SellStop.... please find updated code... {file} {file}

is this the updated EA?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #834
  • Edited 2:11am May 28, 2015 1:51am | Edited 2:11am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 98 KB

I'm Long on EUR/USD today...
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #835
  • May 28, 2015 4:59am May 28, 2015 4:59am
Today I tried last version of EA and have still the same problem. It seems if trade hit TP so it opens new trade again and again but with very small TP. very strange. Do you have some idea why?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 71 KB
  • #836
  • May 28, 2015 7:37am May 28, 2015 7:37am
Quoting sdatta
Trades in last couple of days (focusing on major pairs only) GU- Short- closed with BE of +18 pips EJ- Long- Opened yesterday- running with +90 pips (moved SL to BE=Entry+10 pips) EU- Long- Pending order

EJ- got stopped at TrSL+ 78 pips
EU- long still running
  • #837
  • May 28, 2015 7:58am May 28, 2015 7:58am
Quoting andy_l
{image} I'm Long on EUR/USD today...
unfortunately it's bad for us
with HA there was no green candle yesterday
  • #838
  • May 28, 2015 8:03am May 28, 2015 8:03am
Quoting dafa
Today I tried last version of EA and have still the same problem. It seems if trade hit TP so it opens new trade again and again but with very small TP. very strange. Do you have some idea why? {image}
Yes, there is an issue with EA. Ideally it should not trade again same pair more than once in same day. I am trying to fix it and will share.

Hope everybody trying only in Demo account as should not jump on Live before doing at least 2-3 weeks test.
  • #839
  • May 28, 2015 8:05am May 28, 2015 8:05am
Quoting AbhijetPandi
{quote} Ok...you are right...currently it is checking only previous 1 candle... Dimdel...should this be 2 candle and 3rd should be opposite? I will update accordingly.
Did you update?
  • #840
  • May 28, 2015 8:16am May 28, 2015 8:16am
Quoting madscalp
{quote} unfortunately it's bad for us with HA there was no green candle yesterday
In this case HA helped because candle has turned RED
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