New 8 candle patterns found, unbelievable accuracy! | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Winrate >90% - Unbelievable 4 me: omg 8 replies

unbelievable gains in myfxbook 33 replies

How to make EA that send Open Price of Candle for every new candle 5 replies

Something unbelievable just happened today... 1 reply

Attachments: New 8 candle patterns found, unbelievable accuracy!
Exit Attachments

New 8 candle patterns found, unbelievable accuracy!

  • #41
  • May 3, 2016 12:24pm May 3, 2016 12:24pm
Great Thanks! Will keep testing and report back!
  • #42
  • May 3, 2016 12:26pm May 3, 2016 12:26pm
Quoting emonts
{quote} Hi, This ea trades 26 pairs. You must have all pairs in the symbol list left. Otherwise it will not work. BR

are we able to backtest your EA?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #43
  • May 3, 2016 12:27pm May 3, 2016 12:27pm
backtesting helps you see if strategy works or not over a long period of time, saves you alot of wasted time on worthless systems
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #44
  • May 3, 2016 12:45pm May 3, 2016 12:45pm
[quote = Emonts; 8906768] Ciao a tutti, Nel attachmeent un EA per questa strategia. Spero capivo tutto bene. Se non fosse per sicuro alcune persone mi dicono. Mettere l'EA in una sola tabella (H1), che commercializza 26 coppie, solo EURCHF e EURGBP no. BR {file} [/ quote]
I tried your expert, unfortunately it does not work, you can correct it?
  • #45
  • May 3, 2016 12:48pm May 3, 2016 12:48pm
Quoting emonts
{quote} Hi, This ea trades 26 pairs. You must have all pairs in the symbol list left. Otherwise it will not work. BR
@mickael58
  • #46
  • May 3, 2016 1:56pm May 3, 2016 1:56pm
Quoting Soros
{quote} are we able to backtest your EA?
Hi,

I'm not sure because i put all pairs in one ea.
Personally i do not much of backtesting.
When i see something i think it is worth to do a try.
I code an ea and just let it run for some weeks for many pairs and then evaluate


Really good backtesting is in my opinion only possible with tickdata.
But that is a lot of work in coding.

BR
It is not important how often you fall down, but how often you get up again
  • #47
  • May 3, 2016 2:20pm May 3, 2016 2:20pm
Hi,

This one trades only one pair.


BR


Attached File(s)
File Type: mq4 EA_9_bar_OP_V1.01.mq4   13 KB | 1,016 downloads
It is not important how often you fall down, but how often you get up again
  • #48
  • May 3, 2016 3:33pm May 3, 2016 3:33pm
[Quote = Flipflop4; 8.906.892] {quote} @ mickael58 [/ quote]
Devo aprire 26 coppie? 26 grafica?
Attached Image (click to enlarge)
Click to Enlarge Name: Clip2net_160503223736.jpg Size: 337 KB
  • #49
  • May 3, 2016 4:28pm May 3, 2016 4:28pm
  •  Analog
  • | Joined Nov 2010 | Status: Hold my beer and watch this... | 27 Posts
Quoting yonnie
tarwada is trading with Pepperstone and that broker is GMT+2. so he opens his trades after 7.00am London time.
Pepperstone server time is currently at GMT+3 : it adjusts to always open/close the day at New York close.

Tawada was opening his trades at Frankfurt Open if he trades with Pepperstone.
  • #50
  • May 3, 2016 6:09pm May 3, 2016 6:09pm
Nice work!

I put all pairs except exotics/europe. What is missing?

Attached Image (click to enlarge)
Click to Enlarge Name: 26.jpg Size: 312 KB
  • #51
  • May 3, 2016 10:40pm May 3, 2016 10:40pm
Quoting emonts
Hi, This one trades only one pair. BR {file}
Thx for the EA. I will test it during the week.
I have another question regarding an EA for this System.
Instead of trying to put all the Information into on EA, would it be possible to create an EA that does the following:

After entering manuelly into the trade, that the EA sets automatically the 10 pip TP and SL, and also put in the System another pending order if SL is hit for 10 pip TP and 15 pip SL. But if TP is hit the first time, the EA delete's the pending order.

Would that be possible?

D.
  • #52
  • May 3, 2016 11:50pm May 3, 2016 11:50pm
Quoting kilion
Nice work! I put all pairs except exotics/europe. What is missing? {image}
Hi,

It seems he is missing one pair at least.
I will today somewhere change the ea that he skips pairs he is missing.
And he wialert for the missing pair.

BR
It is not important how often you fall down, but how often you get up again
  • #53
  • Edited 12:33am May 4, 2016 12:05am | Edited 12:33am
Quoting kilion
Nice work! I put all pairs except exotics/europe. What is missing? {image}
Hi,

If left is the whole list, you have 26 pairs, but for the eur, eurchf and eurgbp are not used.
So probably you have only 24 pairs.
It seems you missing some NZDxxx pairs!!

BR
It is not important how often you fall down, but how often you get up again
  • #54
  • May 4, 2016 4:32am May 4, 2016 4:32am
Hi All,

Update, bug dividing by zero taken out.
This prevented setting TP and SL for contra trades.

BR

Attached File(s)
File Type: mq4 EA_9_bar_V1.02.mq4   15 KB | 1,115 downloads
It is not important how often you fall down, but how often you get up again
  • #55
  • May 4, 2016 5:53am May 4, 2016 5:53am
Great work Tarwada!

Sometimes, I use two of the 8 patterns you had mentioned as confluence to my indicators but I don't wait for 9th candle to take the trade. This gives more opportunities for trading.

My buy and sell patterns are swapped around compared to yours. A reasonable profit target is 10-20 pips.

I've marked the possible entries in a gbp-usd trade as an example.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 91 KB
Click to Enlarge Name: Screenshot3.png Size: 131 KB
  • #56
  • May 4, 2016 6:08am May 4, 2016 6:08am
Quoting araa
Great work Tarwada! Sometimes, I use two of the 8 patterns you had mentioned as confluence to my indicators but I don't wait for 9th candle to take the trade. This gives more opportunities for trading. My buy and sell patterns are swapped around compared to yours. A reasonable profit target is 10-20 pips. I've marked the possible entries in a gbp-usd trade as an example. {image} {image}
i Dont see these patterns on your charts, can you mark it ?
  • #57
  • May 4, 2016 6:19am May 4, 2016 6:19am
Quoting Kubiasty
{quote} i Dont see these patterns on your charts, can you mark it ?
Regardless of the appearance of the candle, the patterns are:

1) SELL pattern: Two UP candles followed by a DOWN candle
2) BUY pattern: Two DOWN candles followed by an UP candle

I've marked a few of the patterns in the chart belwo
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 132 KB
  • #58
  • May 4, 2016 6:49am May 4, 2016 6:49am
Tarwada, sorry I don't intend to hijack your thread but you've brought up an interesting topic.

Here is an example today on nzd-usd where 60 pips were possible using the patterns mentioned above
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 68 KB
  • #59
  • May 4, 2016 7:21am May 4, 2016 7:21am
Quoting araa
Tarwada, sorry I don't intend to hijack your thread but you've brought up an interesting topic. Here is an example today on nzd-usd where 60 pips were possible using the patterns mentioned above {image}
Dear Araa,
Interesting
Btw, Where do you put ur SL ? Are TP always 10-20 pips ?
  • #60
  • May 4, 2016 8:14am May 4, 2016 8:14am
Quoting emonts
{quote} Hi, If left is the whole list, you have 26 pairs, but for the eur, eurchf and eurgbp are not used. So probably you have only 24 pairs. It seems you missing some NZDxxx pairs!! BR
You're right, I was missing 2 NZDxxx.

Thanks!
0 traders viewing now