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

  • #141
  • May 11, 2016 6:20am May 11, 2016 6:20am
Quoting RicardoDS
Let me add one : If price makes 3 higher highs or more and then fails to make a new high , price will drop .
price makes 4 higher highs and go up

And it is 4 candles
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1впу.png Size: 62 KB
  • #142
  • May 11, 2016 7:28am May 11, 2016 7:28am
Quoting udeltaforex
signal and counter signal SL=10 TP=100 {image} {image}
@udeltaforex

Thanks for the additional info! Counter signal's SL=10 TP=100 P&L curve looks very nice.

As mentioned before:

1. Running the signal with TP=10 SL=100

AND

2. the counter signal with SL=10 TP=100 simultaneously seems to have good prospects for further testing.

For now the "only" problem is that the examined sample is statistically very small, so at this point the results do not have real statisctical strength. BUT IT IS A START!
  • #143
  • May 11, 2016 9:40am May 11, 2016 9:40am
Quoting poruchik
{quote} price makes 4 higher highs and go up And it is 4 candles {image}
They all need to close bullish , and the candle that fails to make higher high needs to close bearish , using that with Support and Resistance , it have a very good accuracy
  • #144
  • May 11, 2016 10:05am May 11, 2016 10:05am
Quoting MasterGuru
{quote} @udeltaforex Thanks for the additional info! Counter signal's SL=10 TP=100 P&L curve looks very nice. As mentioned before: 1. Running the signal with TP=10 SL=100 AND 2. the counter signal with SL=10 TP=100 simultaneously seems to have good prospects for further testing. For now the "only" problem is that the examined sample is statistically very small, so at this point the results do not have real statisctical strength. BUT IT IS A START!
@MasterGuru

Thanks for sharing your idea.

You will find attached strategy tester results for:
Pair - EURUSD;
Time frame - 1H
Test period - January 2013 - May 2016
SL=10 pips
TP=600 pips
Signal and counter signal results
Attached Image(s) (click to enlarge)
Click to Enlarge Name: StrategyTester EURUSD 1H 2013 - 2016 Counter Signal Direction SL10 TP600.gif Size: 8 KB
Click to Enlarge Name: StrategyTester EURUSD 1H 2013 - 2016 Signal Direction SL10 TP600.gif Size: 8 KB
  • #145
  • May 11, 2016 10:10am May 11, 2016 10:10am
All possible candlestick combinations are shown in those eight pictures at the start of the thread.... So that is why a trade happens every day. Also, looking at the trade history that you posted (I didn't do the math) but the losers are so big that it appears to be about breakeven.

And, what happens if the first SL is hit, and you double your position size for the second trade like you suggested, but the second trade also hits your SL? If this strategy is profitable over the long run, I think it would be really frustrating and just barely profitable. Those big losses that eat up so many previous trades' profits are really hard to get over mentally because you put so much work into those gains just to be wiped out by one loss.
  • #146
  • Edited 1:37pm May 11, 2016 12:19pm | Edited 1:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-05-11 at 18.19.02.png Size: 89 KB
30M - EURUSD
Attached File(s)
File Type: ex4 Trendy.ex4   12 KB | 796 downloads
So many in the Commercial section want to make me rich! :o
  • #147
  • May 13, 2016 2:27am May 13, 2016 2:27am
Quoting emonts
{quote} Hi, SL and TP for pending orders are set at the moment the orders are not pending anymore. Anyway that is how i did code it. In 26 minutes is FO and I will see. TP and SL are not set. See update. If you run, you have to change time parameter otherwise you will have double amount of trades. If all trades are closed you can set back time parameter BR {file}
Please change expert under this condition
poruchik Post 120
Attached Image
  • #148
  • May 13, 2016 3:28am May 13, 2016 3:28am
Quoting vinvlad
{quote} Please change expert under this condition poruchik Post 120 {image}
@vinvlad

If you made the above switch, then NO PATTERN is needed:

It is a SELL if the last candle is a SELL...
It is a BUY if the last candle is a BUY...
  • #149
  • May 13, 2016 7:45am May 13, 2016 7:45am
As I understood, the expert EA_9_bar_V1.04 opens trades using patterns. I agree, that for manual trade patterns are not needed.
  • #150
  • Edited May 15, 2016 3:38am May 14, 2016 4:17am | Edited May 15, 2016 3:38am
Quoting FX-Flux
{image} 30M - EURUSD {file}

Im sorry, this should be 1M - EURUSD and the startTradeAm and endTradePM should be 23 and 23 - my terminal is GMT+2 as well so you will need to adjust or just optimise until you find the correct hours. And you need my modified version of this indy - i forgot how i made this.
Attached File(s)
File Type: mq4 8 candles tarwada.mq4   5 KB | 790 downloads
So many in the Commercial section want to make me rich! :o
  • #151
  • May 14, 2016 2:15pm May 14, 2016 2:15pm
Guys, I downloaded the template but don't see the arrows and the star. Am I missing a file or sort? Thanks team.
  • #152
  • May 17, 2016 3:22am May 17, 2016 3:22am
Hello all,
please find attached test results for 8 pairs.
Period of testing 2013 - 2016.
Time frame - H1.
Trades are taken only at Franfurkt open.
SL and TP for different pairs are in the filenames.
Any ideas, suggestions and critiques are wellcommed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: StrategyTester EURCAD 1H 2013 - 2016 Counter Signal Direction SL10 TP900 +9%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester EURJPY 1H 2013 - 2016 Counter Signal Direction SL90 TP600 +37%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester EURUSD 1H 2013 - 2016 Counter Signal Direction SL95 TP600 +26%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester GBPJPY 1H 2013 - 2016 Counter Signal Direction SL50 TP800 +33%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester GBPUSD 1H 2013 - 2016 Counter Signal Direction SL90 TP200 +41%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester GBPUSD 1H 2013 - 2016 Signal Direction SL80 TP700 +42%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester USDCAD 1H 2013 - 2016 Counter Signal Direction SL40 TP500 +19%.gif Size: 10 KB
Click to Enlarge Name: StrategyTester USDJPY 1H 2013 - 2016 Counter Signal Direction SL20 TP400 +23%.gif Size: 10 KB
Attached File(s)
File Type: docx combine all.docx   95 KB | 580 downloads
  • #153
  • May 17, 2016 4:13am May 17, 2016 4:13am
Quoting FX-Flux
{quote} Im sorry, this should be 1M - EURUSD and the startTradeAm and endTradePM should be 23 and 23 - my terminal is GMT+2 as well so you will need to adjust or just optimise until you find the correct hours. And you need my modified version of this indy - i forgot how i made this. {file}
Using your settings no one trade has to be opened during two days.
  • #154
  • May 17, 2016 5:41am May 17, 2016 5:41am
EURCAD and GBPJPY - rejected
SL in money made equivalent for all pairs - 1% of equity for each pair
new test results
Under these conditions for 3.5 years, 301% profit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: StrategyTester EURJPY 1H 2013 - 2016 Counter Signal Direction SL90 TP600 +37%.gif Size: 8 KB
Click to Enlarge Name: StrategyTester EURUSD 1H 2013 - 2016 Counter Signal Direction SL95 TP600 +26%.gif Size: 8 KB
Click to Enlarge Name: StrategyTester GBPUSD 1H 2013 - 2016 Counter Signal Direction SL90 TP200 +41%.gif Size: 8 KB
Click to Enlarge Name: StrategyTester GBPUSD 1H 2013 - 2016 Signal Direction SL80 TP700 +42%.gif Size: 8 KB
Click to Enlarge Name: StrategyTester USDCAD 2013-2016 SL40 TP500 +60%.gif Size: 8 KB
Click to Enlarge Name: StrategyTester USDJPY 2013-2016 SL20 TP400 +95%.gif Size: 8 KB
Attached File(s)
File Type: docx COMBINE IN TIME.docx   69 KB | 480 downloads
  • #155
  • May 25, 2016 8:38am May 25, 2016 8:38am
Quoting udeltaforex
EURCAD and GBPJPY - rejected SL in money made equivalent for all pairs - 1% of equity for each pair new test results Under these conditions for 3.5 years, 301% profit {file} {image} {image} {image} {image} {image} {image}
Hi udeltaforex,
Which EA are you using? Will you share the setting too?
  • #156
  • Jun 1, 2016 9:38am Jun 1, 2016 9:38am
hi, is this thread still active?
i found an interesting:

1st : you need a renko chart (50 brick ) which eliminate all the noise
2nd: a tarwada indicator
3rd: Nihilist Ultra trend
4th: an EA

In the screenshot, you will see: each time the STAR comes out ,trend will start ,and it is more accurate when the STAR overlapping with the Nihilist trend (blue star overlap with red bar, red star overlap with green bar ).

the question is ,we do not have an EA to Trade it. anyone can code one ? it will be glad.

the trading strategy should be like this:

1. buy or sell each time the star overlap with the bar (blue star overlap with red bar , red star overlap with green bar)
2.or more simple ,just buy or sell when the star comes out
3.SL should be one bar beyond or above the entry ,which means 50pips-60pips, tp 100pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (103).png Size: 249 KB
Attached File(s)
File Type: mq4 8 candles tarwada 02.mq4   5 KB | 842 downloads
File Type: ex4 Nihilist_Ultra_Trend_V2.ex4   10 KB | 775 downloads
File Type: ex4 RenkoLiveChart_v3.4.ex4   12 KB | 680 downloads
  • #157
  • Jun 1, 2016 10:27am Jun 1, 2016 10:27am
Quoting ychatwah
hi, is this thread still active? i found an interesting: 1st : you need a renko chart (50 brick ) which eliminate all the noise 2nd: a tarwada indicator 3rd: Nihilist Ultra trend 4th: an EA In the screenshot, you will see: each time the STAR comes out ,trend will start ,and it is more accurate when the STAR overlapping with the Nihilist trend (blue star overlap with red bar, red star overlap with green bar ). the question is ,we do not have an EA to Trade it. anyone can code one ? it will be glad. the trading strategy should be like this: 1. buy...

ychatwah:

Hey, thnx for the post. Question, have you found that the Tarwada and Renko serve as a filter against the repainting of the Nhilist Ultra Trend indicator? Or do we still deal with the repainting of the Nhilist Ultra Trend indicator?

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #158
  • Jun 1, 2016 11:37am Jun 1, 2016 11:37am
xmess7:

Hi , i think we should not deal with the repaiting of Nihilist ultra trend ( is repainting means the turning of the bar color ?)

we can just focus on a Star sign in Tarwada + a nihilist bar
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (103)1.png Size: 269 KB
  • #159
  • Edited 1:37pm Jun 1, 2016 12:44pm | Edited 1:37pm
Is there an Expert written to this strategy already?
Just checked a few charts with the "8 candles tarwada 02" and "Nihilist_Ultra_Trend_V2" and they seem to be promising

I have tried to test the Trendy, but maybe due to my settings it does not work



Or is it possible to add signal to the indicator? It would be great, if it would make some sound in case of the "star" appears
  • #160
  • Jun 1, 2016 2:08pm Jun 1, 2016 2:08pm
Quoting ychatwah
xmess7: Hi , i think we should not deal with the repaiting of Nihilist ultra trend ( is repainting means the turning of the bar color ?) we can just focus on a Star sign in Tarwada + a nihilist bar {image}

ychatwah:
My understanding is that the Nihilist bar will repaint. Look at the renko bar that you are pointing to. Since the Nihilist bar repaints we don't know if that Nihilist bar was green at that time. It only turned green AFTER several bars. As you may already know indicators scan back and only pickup signals as they are NOW. I though that maybe you had found a good combination that would lessen the affect of repainting.
We will only know how effective this is when we test it on a live account.

Thank you for your response
Jess
Our AWESOME IMAGINATION is the true holy grail!
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