U-Point Indicator & EA

Introducing

Away From Keyboard Forex

Brand New

U-Point Indicator & EA

http://afkforex.wix.com/upoint

Built for multi purpose trading, the U-Point Indicator & EA seeks to find turning points in the forex market

Swing Traders
Can use the U-Point Indicator & EA on Weekly and Daily time frames to identify turning points in the major trend

Day traders
Can use the U-Point Indicator & EA on 30 min and 1 hour time frame to find false breakouts of the pair, then trade the pull backs in the main direction of the trend

Scalp Traders
Can use the U-Point Indicator & EA 1 min, 5 min and 15 min times to trade the waves of price, buying and selling the pull backs in the direction of the main trend

Update 12.06.16
4 Hour Time Frame
Weekly
w/c 03.07.16
Pips banked = 473.0
Account growth = 2.65%
​
w/c 26.06.16
Pips banked = 0
Account growth = 0%
​
​
Monthly
July
Pips banked = 473.0
Account growth = 2.655
​
Yearly
2016
Pips banked = 473.0
Account growth = 2.65%

Myfxbook.com results
https://www.myfxbook.com/members/afk...int-4h/1682425

NEW PRICE DROP
28 Day Trial only 4.99
Fully refundable if full product purchased after trail
Full product now only 74.99

http://afkforex.wix.com/upoint

Indicator & EA developed, just being tested for bugs
Web site for product in development, waiting to be signed off

Looking for 10 traders to test the product for 4 weeks and give me some feedback

Screen shots of the indicator and EA will be uploaded later today / tomorrow

After 4 weeks of testing / trading, the Indicator & EA will be for public sale once results are published via MyFXbook.com

14 day trial for Indicator = USD$10
14 day trial for EA = USD$10

Contact only via replying to this tread or direct e-mail to [email protected]
(PM messages on Forex Factory are not read)

I have 4 traders so far, many thanks..

The traders that have contacted me by e-mail, please send me your MT4 account number so I can send the Indicator / EA to you

Many thanks

Craig
[email protected]

Testing Traders now closed, many thanks for the traders that have agreed to support and feedback to me and this forum on the new U-Point Indicator & EA​

U-Point Indicator​

First look. The idea would to be have the stoploss 2 candles back from the signal, and have take profit levels at -
TP1 R/R 0.5
TP2 R/R 1.0
TP3 R/R 2.0

Stoploss will be moved to breakeven when TP1 hit, moved to TP1 level when TP2 hit

Signal is none re-painting

U-Point on 30 min time frame

The idea here is to set the EA to trade only within the green zone time, so only lok at red and green candles that are in the pale green box, these would be valid trades

The stoploss will be placed 2 candles back and take profir levels would be
TP1 R/R 0.5
TP2 R/R 1.0
TP3 R/R 2.0

Stoploss will be moved to breakeven when TP1 hit, stoploss moved to TP1 level when TP2 hit

v1 sent out to testers

v1.2 will include-
sell signal only on a bearish candle
buy signal only on a bullish candle
flip signals

v1.2 will be sent out to testers when it's recived back from programmer

Just for info on my settings

Daily System
Current time frame =200 and 10 EMA
Higher time frame = 200 and 50 EMA

30min system
Use time function = yes
Time 09:00 till 16:00 (London time)
Current time frame = 200 and 50 EMA
Higher time frame = 200 and 50 EMA

Forget to send to testers, you need this ADX indicator for the system to work

Been looking at the Risk /Reward vs manual looking at backtesting

I'm going set mine up this week with -

TP1 R/R 0.5
TP2 R/R 2.0
Tp3 R/R 3.0

Craig do you have a template for this system that you can send out?

I will send this out once v1.2 is ready

Been looking at indicators to filter out some bad trades....been thinking about using this one...

Sell when Red, Buy when Blue on default setting. Thoughts?

Did also look at oversold / overbought indicators but hardly get any signals...

ok, this version seems resource hungry on my laptop. Also when I installed it and turned it off until London open and restarted it gave me the invalid account warning when it was on the right account, this is still happening. I'll wait for v2 to come out.

Should be ready to send out over the weekend

Web site now set up

http://afkforex.wix.com/upoint

Nice!

Settings for the U-Point Indicator v1.2 1 hour time frame

Settings for the U-Point Indicator v1.2 4 hour time frame

U-Point EA v1.2 settings

4 hour time frame max target candle size = 120
1 hour time frame max target candle size = 30


EDIT 20/05/16 09:11am

Buffer for buy orders = 2.0
Buffer for sell orders = 2.0 plus your broker spread

(the settings for these in the pictures are the wrong way round)

See post one to download a trial version of the Indicator and EA

The system can be used on any time frame, but is currently untested. If any trader would like to download the system and test on different time frames, I would love to hear your feedback.

There is loads of different settings on the EA to play with. Any questions, please contact me [email protected]

www.afkforex.wix.com/upoint

First day of testing went ok

21.2 pips banked 0.77% account growth

One hiccup with the NZDUSD trade where the EA did not set the stoploss, so I closed this manually, losing 30.3 pips, so today's results would of been 51.5 pips banked.

Update to U-Point EA fixed, will update Post 1 tomorrow with new EA v1.3