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Daily green/red candle

  • #1,761
  • Oct 31, 2015 7:50am Oct 31, 2015 7:50am
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.
  • #1,762
  • Nov 1, 2015 4:21am Nov 1, 2015 4:21am
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
  • #1,763
  • Nov 1, 2015 7:37pm Nov 1, 2015 7:37pm
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
  • #1,764
  • Nov 2, 2015 2:08am Nov 2, 2015 2:08am
ν
  • #1,765
  • Nov 2, 2015 4:37am Nov 2, 2015 4:37am
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.
  • #1,766
  • Nov 2, 2015 10:55am Nov 2, 2015 10:55am
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?
  • #1,767
  • Edited 4:47pm Nov 2, 2015 4:34pm | Edited 4:47pm
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)
Click to Enlarge Name: gr.png Size: 18 KB
  • #1,768
  • Nov 2, 2015 5:15pm Nov 2, 2015 5:15pm
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?
  • #1,769
  • Nov 2, 2015 11:05pm Nov 2, 2015 11:05pm
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.........
  • #1,770
  • Nov 3, 2015 12:11am Nov 3, 2015 12:11am
Yesterday No trade EU.
Today waiting for the pending order to hit.
  • #1,771
  • Nov 3, 2015 1:09am Nov 3, 2015 1:09am
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.........
  • #1,772
  • Nov 3, 2015 4:41am Nov 3, 2015 4:41am
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)
Click to Enlarge Name: fgr.png Size: 20 KB
  • #1,773
  • Nov 3, 2015 5:10am Nov 3, 2015 5:10am
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.
  • #1,774
  • Edited 4:34pm Nov 3, 2015 6:27am | Edited 4:34pm
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
  • #1,775
  • Nov 3, 2015 6:28am Nov 3, 2015 6:28am
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
  • #1,776
  • Nov 3, 2015 6:34am Nov 3, 2015 6:34am
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
  • #1,777
  • Nov 3, 2015 8:30am Nov 3, 2015 8:30am
if i finish my new setup ( green red + filter)
i will share it

but still in test

Attached Image (click to enlarge)
Click to Enlarge Name: 7.png Size: 135 KB
  • #1,778
  • Nov 3, 2015 9:06am Nov 3, 2015 9:06am
Quoting dimdel
{quote} BRAVO SIMPLECODERS

Both the TPs were hit.

End of the Day. Fresh trading tomorrow
  • #1,779
  • Nov 4, 2015 4:16am Nov 4, 2015 4:16am
Sell trade entered today On EU D1.
  • #1,780
  • Nov 4, 2015 4:36am Nov 4, 2015 4:36am
Quoting simplecoders
Sell trade entered today On EU D1.
is that the every green-red strategy?
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