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need simple indicator for Daily green/red candle 2 replies

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Daily green/red candle

  • #1,281
  • Jun 22, 2015 6:56am Jun 22, 2015 6:56am
Quoting dimdel
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

do you check the color of candle and the HA color in agreement?
  • #1,282
  • Jun 22, 2015 7:11am Jun 22, 2015 7:11am
Quoting sdatta
{quote} do you check the color of candle and the HA color in agreement?
i only look the HA candle
green=long
red=short
  • #1,283
  • Jun 22, 2015 7:19am Jun 22, 2015 7:19am
we can trade with 2 ways

1) we have our basket and every day put the new orders



2) we scan all pairs every day for the best entry

Attached Image (click to enlarge)
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  • #1,284
  • Jun 22, 2015 9:44am Jun 22, 2015 9:44am
EURUSD
i expect big profit today
will see

Attached Image (click to enlarge)
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  • #1,285
  • Jun 22, 2015 11:47am Jun 22, 2015 11:47am
Quoting dimdel
EURUSD i expect big profit today will see {image}
From the look of 4H chart, it might actually go down now...
  • #1,286
  • Jun 23, 2015 6:32am Jun 23, 2015 6:32am
What happened to the Trade Explorers?
  • #1,287
  • Jun 23, 2015 8:07pm Jun 23, 2015 8:07pm
Quoting ChicagoRob
What happened to the Trade Explorers?
I m wondering too.
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,288
  • Jun 24, 2015 3:45am Jun 24, 2015 3:45am
Quoting ChicagoRob
What happened to the Trade Explorers?
isn't it obvious

look at the last screen and where price went then you got your answer ...
  • #1,289
  • Jun 24, 2015 5:00am Jun 24, 2015 5:00am
hi boys

I think you have understand something wrong

You must looking if the system generates correct signals

and NO if i apply right MM or if i apply the rules

the system give right signals?
ok who cares about any explorer?

apply the rules (if is ok ) and win pips
thats the point
  • #1,290
  • Jun 24, 2015 5:12am Jun 24, 2015 5:12am
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 47 KB


this is the important

make backtest

trade boys, dont see the other explorers
  • #1,291
  • Jun 24, 2015 5:23am Jun 24, 2015 5:23am
i have seen FEW traders to post trading charts

what are waiting ?
dont trade?
just look the comments?


please post your chart if use this method, or drink a beer watching the comments
  • #1,292
  • Jun 24, 2015 5:28am Jun 24, 2015 5:28am
is this system profitable in the long run dimdel?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #1,293
  • Jun 24, 2015 5:28am Jun 24, 2015 5:28am
Quoting ChicagoRob
What happened to the Trade Explorers?
you profiting from this method?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #1,294
  • Jun 24, 2015 7:07am Jun 24, 2015 7:07am
hi dimdel,
I would like to do the coding for the backtest.
just got some questions so I understand your tradestyle right.

we use HA candles.
when daily candle is closed we Buy or sell depending on the Color of the Candle or color of HA? or maybe both?
we use the closing price.
we put SL at the high or low of normal candle or HA candle?

TM
  • #1,295
  • Jun 24, 2015 7:28am Jun 24, 2015 7:28am
Has anyone thought about using limit orders, instead of stop orders? A limit order could be placed at the halfway
point of the closed candle, in hopes of catching a retracement. I haven't done any bactesting on this, so can't be
sure it would be feasible. Just an idea.
  • #1,296
  • Jun 24, 2015 9:31am Jun 24, 2015 9:31am
Quoting ChicagoRob
Has anyone thought about using limit orders, instead of stop orders? A limit order could be placed at the halfway point of the closed candle, in hopes of catching a retracement. I haven't done any bactesting on this, so can't be sure it would be feasible. Just an idea.

good idea. try 20%

2 cents
  • #1,297
  • Jun 24, 2015 2:30pm Jun 24, 2015 2:30pm
Quoting tonimono
hi dimdel, I would like to do the coding for the backtest. just got some questions so I understand your tradestyle right. we use HA candles. when daily candle is closed we Buy or sell depending on the Color of the Candle or color of HA? or maybe both? we use the closing price. we put SL at the high or low of normal candle or HA candle? TM
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  • #1,298
  • Jun 24, 2015 2:48pm Jun 24, 2015 2:48pm
Quoting ChicagoRob
Has anyone thought about using limit orders, instead of stop orders? A limit order could be placed at the halfway point of the closed candle, in hopes of catching a retracement. I haven't done any bactesting on this, so can't be sure it would be feasible. Just an idea.

hi rob

If we want to take advantage with retracement
then i think we dont need limit order but
just scan all pairs with the follow daily close

Attached Image (click to enlarge)
Click to Enlarge Name: retracement.png Size: 45 KB




so we can trade every day only the pairs with this view, and no the same basket pairs
  • #1,299
  • Jun 24, 2015 11:56pm Jun 24, 2015 11:56pm
the best setup had only 7 pairs

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  • #1,300
  • Jun 25, 2015 4:38am Jun 25, 2015 4:38am
6 win 1 lose

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