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need simple indicator for Daily green/red candle 2 replies

MT4 candle-by-candle manual backtesting 9 replies

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Day's first H4 candle correlation to daily candle 14 replies

Correlation between first 4 hour candle and daily candle 1 reply

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Daily green/red candle

  • #2,181
  • Dec 19, 2015 12:25pm Dec 19, 2015 12:25pm
Quoting dimdel
{quote} you talk too much you dont trade you have tired me i cant do babysitting I dont have to say more if you dont like , change system I hope not stick me plague
Quoted for truth.

Thanks dimdel, you don't have to say more, I understand now.
  • #2,182
  • Dec 20, 2015 11:27pm Dec 20, 2015 11:27pm
goodmorning all

forex factory changed the explorer %
but anyway.........
  • #2,183
  • Dec 21, 2015 10:28am Dec 21, 2015 10:28am
i hope you are long with 2 orders in EU
  • #2,184
  • Dec 21, 2015 10:52am Dec 21, 2015 10:52am
Hello friend, when do you open trade of daily candle?? At London open or earlier or later?
  • #2,185
  • Dec 21, 2015 12:23pm Dec 21, 2015 12:23pm
Quoting AcerPhoon
Hello friend, when do you open trade of daily candle?? At London open or earlier or later?
hi acerphoon

just the daily candle close , i put the new pending order
so at 00.01 every day
  • #2,186
  • Dec 21, 2015 12:25pm Dec 21, 2015 12:25pm
Quoting andy_l
{image} Here's my trading since last week, I entered 2 position because I saw 2 double bottoms, and predict the price will go up.. to 300% fibo.. I ussually start my trading when London open, and closed my trading when london market closed on the next day.. or when hit the SL or TP. Now I hv pending order (buy stop) for GU and AU (not hit yet)
hi andy

this is no green red system
but if work to you , go on
i wish you many profits
  • #2,187
  • Dec 21, 2015 3:32pm Dec 21, 2015 3:32pm
The second last buy has reach TP, and ugh... I miss the last buy point >_<
  • #2,188
  • Dec 21, 2015 5:34pm Dec 21, 2015 5:34pm
So nobody uses the original system? The 4hr system is different to the original system? The systems in the trade explorers aren't either of the systems? I assume those are set up on mql5 ready to be sold at some point, so what systems are people actually using? It would seem the original system can be easily backtested manually and that's why no one is using it now?
  • #2,189
  • Dec 21, 2015 6:31pm Dec 21, 2015 6:31pm
Quoting dimdel
{quote} hi andy this is no green red system but if work to you , go on i wish you many profits
Hi Dimdel..
sorry for confusing... :-), I think we can modified the system since the basic rules of the system already mentioned by you many times..
The last pictures I posted, it's not follow the system, because I saw the double bottom on EU H4, so I thought the price will go up.. and it go up :-)

Attached Image (click to enlarge)
Click to Enlarge Name: AU H4.jpg Size: 167 KB


Now, back using your rules for AU :-).
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #2,190
  • Dec 21, 2015 10:21pm Dec 21, 2015 10:21pm
Hi Dimdel,

I just want to make sure that I understand the strategy correctly.

On the daily chart, if the current candle closes bearish then I want to set up a "short" limit order at the low of the current candle, stop at the high of current candle, and a target of 1:1 reward/risk ratio which is the same as the 200% fibo.

Is there anything else that I'm missing?
  • #2,191
  • Dec 22, 2015 12:53am Dec 22, 2015 12:53am
Quoting numbrcrunchr
Hi Dimdel, I just want to make sure that I understand the strategy correctly. On the daily chart, if the current candle closes bearish then I want to set up a "short" limit order at the low of the current candle, stop at the high of current candle, and a target of 1:1 reward/risk ratio which is the same as the 200% fibo. Is there anything else that I'm missing?
hi numb.....
you mean sell stop , yes
TP i use 1:2
  • #2,192
  • Edited 2:15am Dec 22, 2015 12:54am | Edited 2:15am
Quoting Wholesome
So nobody uses the original system? The 4hr system is different to the original system? The systems in the trade explorers aren't either of the systems? I assume those are set up on mql5 ready to be sold at some point, so what systems are people actually using? It would seem the original system can be easily backtested manually and that's why no one is using it now?
wholesome
the signals are free
dont planted seeds in my mind
  • #2,193
  • Dec 22, 2015 1:02am Dec 22, 2015 1:02am
so in H4
till now we must have 2 long open orders
and 1 pending short

we are agree?
  • #2,194
  • Dec 22, 2015 5:31am Dec 22, 2015 5:31am
Quoting dimdel
so in H4 till now we must have 2 long open orders and 1 pending short we are agree?
hmm.. hmmm
buy stop @12pm yesterday--running
sell stop @8am--hit sl
buy pending @12pm--running? looks like this is what I see
  • #2,195
  • Dec 22, 2015 5:59am Dec 22, 2015 5:59am
so....are the 4 hour rules the same as the daily (original) system? If the next candle doesn't break the low or high of the signal is the order left open or is it just discarded? Is the 4 hour in the trade explorer the same as the original system?
  • #2,196
  • Dec 22, 2015 7:18am Dec 22, 2015 7:18am
Quoting Wholesome
so....are the 4 hour rules the same as the daily (original) system? If the next candle doesn't break the low or high of the signal is the order left open or is it just discarded? Is the 4 hour in the trade explorer the same as the original system?
Can someone show me where the instructions for the system is? Or clearly explain this. I would like to make an EA for this system and have the mq4 file for future updates.

Many thanks, looking forward to your positive reply.
  • #2,197
  • Dec 22, 2015 7:32am Dec 22, 2015 7:32am
Quoting numbrcrunchr
Hi Dimdel, I just want to make sure that I understand the strategy correctly. On the daily chart, if the current candle closes bearish then I want to set up a "short" limit order at the low of the current candle, stop at the high of current candle, and a target of 1:1 reward/risk ratio which is the same as the 200% fibo. Is there anything else that I'm missing?
This is impossible. How can you determine the low of the current candle. The current candle has not closed so it can always go lower.
  • #2,198
  • Dec 22, 2015 9:30am Dec 22, 2015 9:30am
Stop looking for clear rules.... there aren't any.
Congrats dimel for your success
  • #2,199
  • Dec 22, 2015 10:52am Dec 22, 2015 10:52am
Quoting brainanda
{quote} hmm.. hmmm buy stop @12pm yesterday--running sell stop @8am--hit sl buy pending @12pm--running? looks like this is what I see
signal= 18 dec 20.00 => TP
signal = 21 dec 16.00 => closed at 250 fib
signal =22 dec 08.00 => SL
signal = 22 dec 12.00 => BE running
  • #2,200
  • Dec 22, 2015 11:57am Dec 22, 2015 11:57am
Quoting Matraguna
Stop looking for clear rules.... there aren't any. Congrats dimel for your success
Please go somewhere else and stop being a troll!!!!

There are rules hence multiple people trading this/ trying to trade this system.

Can someone please let me know what triggers a buy position and a sell position. Thanks in advance.
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