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Daily green/red candle

  • #1,261
  • Edited 10:43am Jun 19, 2015 5:35am | Edited 10:43am
y
  • #1,262
  • Jun 19, 2015 10:38am Jun 19, 2015 10:38am
It's a nice strategy but don't you think it should be modified to capture a good move? I combined it with my strategy and it worked fine. Below is an example of GU move caught nicely.
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  • #1,263
  • Jun 19, 2015 11:06am Jun 19, 2015 11:06am
Quoting Papilakes
It's a nice strategy but don't you think it should be modified to capture a good move? I combined it with my strategy and it worked fine. Below is an example of GU move caught nicely. {image}
hi pap
whats your strategy?
  • #1,264
  • Jun 19, 2015 2:21pm Jun 19, 2015 2:21pm
hi to all

Taking a walk in FF i went to the PVSRA thread to see what method they apply ,
Searching for an idea, as we all do Besides

so

i saw many people, many posts,many trades, .....
i thought , something important going here,

I decided to read

1,2,3,4,5,6 pages and i dont know when enter, when out , .....what tp etc....

I felt i dont understood nothing

i said:
ok i havent the knowledge, the experience, ........
but why i cant see at least when to enter or how?

can someone tell me please the method?

embarrassed to ask in the thread, i dontwant show how unrelated i am

thanks
  • #1,265
  • Jun 19, 2015 2:59pm Jun 19, 2015 2:59pm
Maybe take another look at post 101
  • #1,266
  • Jun 19, 2015 3:20pm Jun 19, 2015 3:20pm
Quoting dimdel
{quote} hi pap whats your strategy?

In the sell trade of USD/CAD below, i waited for a close below the low of 01/06/15 which is also a change of color. I place 2 sell orders at the low of the bullish candle, SL at the high of the move, TP1 at 61.8fib then move to BE and wait for a counter signal to exit the second trade or take the TP2 at 100fib. No indicator
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  • #1,267
  • Jun 21, 2015 5:15am Jun 21, 2015 5:15am
goodmorning from greece

any results?
  • #1,268
  • Jun 21, 2015 5:21am Jun 21, 2015 5:21am
Quoting Stumpy1
Maybe take another look at post 101

hi stumpy

if from 101 post you can UNDERSTAND the entry/sl/tp
ok then
i need many work in trading knowledge
and really i ,must stop trading because i am Dangerous for myself
  • #1,269
  • Jun 21, 2015 5:32am Jun 21, 2015 5:32am
Quoting Papilakes
{quote} In the sell trade of USD/CAD below, i waited for a close below the low of 01/06/15 which is also a change of color. I place 2 sell orders at the low of the bullish candle, SL at the high of the move, TP1 at 61.8fib then move to BE and wait for a counter signal to exit the second trade or take the TP2 at 100fib. No indicator {image} {image}

i cant understand your metod still.....

why you are wating to close under........?
and why dont wait to cose above......?
there is a system that predict the movement if close below?....
please give us your knowledge
  • #1,270
  • Jun 21, 2015 5:50am Jun 21, 2015 5:50am
well my friends

To save our time we must post ideas at least 4 months TESTED (by hand)
all the system are respected
but what we need?
to make this system profitable , no to change it with other method
becauset this way never-ending

can we make green/red system make better? profitable? with filter? with......
  • #1,271
  • Jun 21, 2015 7:01am Jun 21, 2015 7:01am
Having nineteen trades in six trading days, when Trading the Daily Time Frame, is going to stretch any Trading Bank.

I won't be continuing the demo because, when I consider I'm Trading the Daily TF, it's far too hectic and I never thought I'd be saying that about the Daily TF.

12 Pairs - 19 Trades - 5 Winners - 8 Losers - 5 Break Even - 1 Still Open

​AUD/USD
15th June Buy Lose
16th June Sell Win

GBP/NZD
No Trades

GBP/JPY
11th June Buy BE +5

Gold
12th june Sell Lose
16th June Sell Lose
17th June Buy Win

EUR/USD
11th June Sell Lose
12th June Buy BE +5

NZD/JPY
15th June Buy Lose
16th June sell Win
18th June Sell Still Open

GBP/CAD
No Trades

GBP/CHF
15th June Buy BE +5

USD/CAD
12th June Buy Lose
16th June Sell Lose

GBP/USD
12th June Buy Win

AUD/JPY
15th June Buy Lose
16th June Sell BE +5
17th June Buy BE +5

AUD/CAD
16th June Short Win
  • #1,272
  • Jun 21, 2015 7:24am Jun 21, 2015 7:24am
Quoting dimdel
well my friends To save our time we must post ideas at least 4 months TESTED (by hand) all the system are respected but what we need? to make this system profitable , no to change it with other method becauset this way never-ending can we make green/red system make better? profitable? with filter? with......

You can add filters that work that aren't going to overload you with indicators. I'm going to spell out for you folks what i believe works, in order to save you all some heartaches.

1. The Ha candle is a good filter in my opinion, and adding that one simple indicator won't change the system at all.
2. A second filter has already been discussed on this thread as having at least 3 in a row candles of same color, before the change of color. A must have rule for a this system as far as I am concerned.

3. A third and final filter is to only take retraces, to get back into the trends. We sought to be able to asses whether or not something looks as a retrace or not.

4 Finally, you can use a 4 hour chart just as effectively as a daily chart. In fact multiple time frames is best to be aware of.

5. if you want to you can try the system with volume candle charts also.

Please test these parameters and tell me what you think then.

PS i'd appreciate a copy of the EA that will be being made.

Thanks Guys
  • #1,273
  • Jun 22, 2015 12:40am Jun 22, 2015 12:40am
goodmorning
  • #1,274
  • Jun 22, 2015 12:43am Jun 22, 2015 12:43am
Quoting dagoods
{quote} You can add filters that work that aren't going to overload you with indicators. I'm going to spell out for you folks what i believe works, in order to save you all some heartaches. 1. The Ha candle is a good filter in my opinion, and adding that one simple indicator won't change the system at all. 2. A second filter has already been discussed on this thread as having at least 3 in a row candles of same color, before the change of color. A must have rule for a this system as far as I am concerned. 3. A third and final filter is to only take...

hi dag

yes i think HA is very good filter

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  • #1,275
  • Jun 22, 2015 1:15am Jun 22, 2015 1:15am
please read the 1st post

i update the 2nd version

thanks
  • #1,276
  • Jun 22, 2015 4:44am Jun 22, 2015 4:44am
anybody make some tests the HA every day order?
  • #1,277
  • Jun 22, 2015 4:55am Jun 22, 2015 4:55am
DIMDEL my friend...
You are really unbelievable man.....
Thanks from my heart.....
  • #1,278
  • Jun 22, 2015 5:13am Jun 22, 2015 5:13am
Quoting dagoods
{quote} Have you really seriously with all sincerity considered my suggestions? so fast? really? well what i see is this: you ask for suggestions, people have given you some and some of them are quite good, yet you ignore most of the suggestions. You don't test for yourself but tell others they should test for you and improve your system. some people have done that and still you don't get on board with the improvements. why? don't you want to improve for yourself and help others? is it just an exercise in egomania or something? i don't get it.

You have a lot of questions.....
we arent here to prove something
help or not help
trade and dont try decode me
i am nobady my friend
look only your account........
  • #1,279
  • Jun 22, 2015 5:19am Jun 22, 2015 5:19am
i had some PM from people here to check the HA

i made my backtest and i saw that is more profitable
but when enter at the new open
and no at the H/L breakout

but you must do the backtest
dont follow me,
follow your method
  • #1,280
  • Jun 22, 2015 5:37am Jun 22, 2015 5:37am
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