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Attachments: Daily green/red candle
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Daily green/red candle

Hello Dimdel/everyone.

I've read all 88 pages of this thread and as many have said before me "Great System". The (F-GrRe/E-GrRe) methods are simple and effective!

Just some basic PA analysis, good MM and sticking to the rules is all you need, adding a bunch of indicators would be (in my opinion) counter productive.

This thread is not dead. Far from it!

Keep posting dimdel. We are listening.

Have a great weekend everyone.
Quoting Templar
Hello Dimdel/everyone. I've read all 88 pages of this thread and as many have said before me "Great System". The (F-GrRe/E-GrRe) methods are simple and effective! Just some basic PA analysis, good MM and sticking to the rules is all you need, adding a bunch of indicators would be (in my opinion) counter productive. This thread is not dead. Far from it! Keep posting dimdel. We are listening. Have a great weekend everyone.
HI TEMPLAR
thanks
but i am tired to post without feedback
if i follow only me this system , ok i can do it without post (very well)
we see.... a little more time
A very simple system. I like those systems with no indicators involved and which can be traded on a mobile.

I am following this system but I am entering into the trade at High + 5 pips or Low - 5 pips and SL at Low - 5pips or High - 5 pips.

This has helped me to get profit for the last 4 trading days except one where there was no trade.

I started a similar system long back but the rules are not set out so clearly as it is in this system.

I will post my results subsequently. Thank you Dimdel
ν
I am using Fxpro MT4which does not have a sunday candle.

So i have entered pending buy order based on Friday Candle.

Till now the order is not executed.
Dimdel thanks for the system! Looks very promising.
You said that after testing I saw that in some periods it merges Deposit. You can specify in what period?
And another question how do trading on H4?
Quoting taozen187
Dimdel thanks for the system! Looks very promising. You said that after testing I saw that in some periods it merges Deposit. You can specify in what period? And another question how do trading on H4?
hi taozen

in H4 i use
rr 1/2
entry at o fib and reentry at 0,23
sl=-100
tp=200
BE at 80
no trade if candle > 60 pips

Attached Image (click to enlarge)
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Quoting dimdel
{quote} hi taozen in H4 i use rr 1/2 entry at o fib and reentry at 0,23 sl=-100 tp=200 BE at 80 no trade if candle > 60 pips
Thanks for the reply! What currency pair do you use? Everything or have any more suitable?
Quoting taozen187
{quote} Thanks for the reply! What currency pair do you use? Everything or have any more suitable?
hi taozen
i prefer EU (D1 + H4)
finally i saw that only i pair is enough
but i testing.........
Yesterday No trade EU.
Today waiting for the pending order to hit.
Quoting simplecoders
yesterday no trade eu. Today waiting for the pending order to hit.
hi simplecoders
the d1 usally give 2-3 signals the week
the h4 give 5-8 signals the week

so more signals= more profits and more risk
less signals= less profit but stress free trading
is your way.........
hi dimdel,
i like the idea - thanks for sharing.
i have a question which i hope you can help with?
on the first-green-red;

1. there is a new green, so you place a pending long
2. the pending order isn't activated so you cancel long order
3. if the current bar is still green, do you place a new long order or do you have to wait for a new first red?

i.e. since this is the second green (but the first green wasn't activated & was cancelled), is the second still counted as a new/first green?

see picture attached which i hope makes clear

thanks
Attached Image (click to enlarge)
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Quoting dimdel
{quote} hi simplecoders the d1 usally give 2-3 signals the week the h4 give 5-8 signals the week so more signals= more profits and more risk less signals= less profit but stress free trading is your way.........
Yes Dimdel. But for now I prefer to stick to EU D1.

Today my sell order has been hit. Currently in profit.

For one-half the TP is 162.8 fibo and the next half the TP is 200 fibo.
Quoting padnoter
hi dimdel, i like the idea - thanks for sharing. I have a question which i hope you can help with? On the first-green-red; 1. There is a new green, so you place a pending long 2. The pending order isn't activated so you cancel long order 3. If the current bar is still green, do you place a new long order or do you have to wait for a new first red? I.e. Since this is the second green (but the first green wasn't activated & was cancelled), is the second still counted as a new/first green? See picture attached which i hope makes clear thanks {image}...
hi pad

post1
Quoting simplecoders
{quote} Yes Dimdel. But for now I prefer to stick to EU D1. Today my sell order has been hit. Currently in profit. For one-half the TP is 162.8 fibo and the next half the TP is 200 fibo.
BRAVO SIMPLECODERS
hi dimel,
y i did read that, but it wasn't quite clear to me... but i think now you mean we can enter 2 or 3 times - green(cancel),green(cancel), green(cancel, look for only red) for first-green-red rules.. thanks

just doing some visual back testing on some pairs & will try it out soon.

cheers
padnoter
if i finish my new setup ( green red + filter)
i will share it

but still in test

Attached Image (click to enlarge)
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Quoting dimdel
{quote} BRAVO SIMPLECODERS

Both the TPs were hit.

End of the Day. Fresh trading tomorrow
Sell trade entered today On EU D1.
Quoting simplecoders
Sell trade entered today On EU D1.
is that the every green-red strategy?
3 traders viewing now, 2 are members:
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