Disliked{quote} it is 15 minutes OK Master candle is not OK Glad it worked for youIgnored
Thanks for checking. On M15 I'm still using 10 pip "Sweet Spot" lines. Maybe 5 pip on M15?
- #102
- May 23, 2016 10:08pm May 23, 2016 10:08pm
Atheer, thanks for the sharing of this Master trading method...
This is my first attempt of using this on M1 TF GJ, it was based on my understanding of "Variant" of the method which states in the doc file, hope I have interpreted it correctly...
Arthur
This is my first attempt of using this on M1 TF GJ, it was based on my understanding of "Variant" of the method which states in the doc file, hope I have interpreted it correctly...
Arthur
- #103
- May 23, 2016 10:41pm May 23, 2016 10:41pm
Hey all,
Sorry about the delay in updates, i am still trying to piece up the original method including the modified document by atheer which made the picture much clearer "2nd document attached in post #1"
So far i could only juice out 2.0-2.3 PF.. which is GREAT.. but i am trying to push the boundary further..
Also added volume filters now, those will trigger the trade based on comparison of volumes on the master candle and trigger candle since this is a price action strategy after all. (I'll need your input on this Atheer please, do you recommend it or is it irrelevant?)
This added another 0.5 PF.. less trades of course but higher return with most trades hitting TP2 in few bars.
I am still resisting using any indicators including the gold line, i might as well add it, but to my understanding the original method did not call for it and i want to harvest its power using PA and MM before complicating things with additional indis.
My final test is running using ctrader platform, which replicates the exact market condition without any simulation like MT4 does.. ctrader uses actual tickdata and not generated ones like MT4, also much faster in compiling genetic passes.
Don't worry as i'll provide an ea for mt4 as well as ctrader
Question: do you guys know of any service that provides hosting and running an EA or EA simulation on a demo account for free, by that i mean a forward testing service?
Sorry about the delay in updates, i am still trying to piece up the original method including the modified document by atheer which made the picture much clearer "2nd document attached in post #1"
So far i could only juice out 2.0-2.3 PF.. which is GREAT.. but i am trying to push the boundary further..
Also added volume filters now, those will trigger the trade based on comparison of volumes on the master candle and trigger candle since this is a price action strategy after all. (I'll need your input on this Atheer please, do you recommend it or is it irrelevant?)
This added another 0.5 PF.. less trades of course but higher return with most trades hitting TP2 in few bars.
I am still resisting using any indicators including the gold line, i might as well add it, but to my understanding the original method did not call for it and i want to harvest its power using PA and MM before complicating things with additional indis.
My final test is running using ctrader platform, which replicates the exact market condition without any simulation like MT4 does.. ctrader uses actual tickdata and not generated ones like MT4, also much faster in compiling genetic passes.
Don't worry as i'll provide an ea for mt4 as well as ctrader
Question: do you guys know of any service that provides hosting and running an EA or EA simulation on a demo account for free, by that i mean a forward testing service?
- #105
- May 24, 2016 1:14am May 24, 2016 1:14am
- Joined Oct 2006 | Status: Trader | 4,056 Posts
Atheer, thanks for the sharing of this Master trading method... This is my first attempt of using this on M1 TF GJ, it was based on my understanding of "Variant" of the method which states in the doc file, hope I have interpreted it correctly... {image} Arthur
atheer1
{quote} I dont think that was valid since the body of the "bull master candle" didnt cross a line! Atheer wrote in post 15: The master candle must cross at least one line by its body to be valid and since the master candle is not OK so the trade is not valid
i was away...
