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Another way to stress free, mechanic long term trading

  • #1
  • First Post: Jul 23, 2016 5:05pm Jul 23, 2016 5:05pm
Hello guys, lets check this strategy:

TF: H4 or D1

BUY:

MA in colour is green and there is cross on QQE new histo for buy

SELL:

MA in colour is red and there is cross on QQE histo for sell

Out, when there is opposite cross.

Could somebody make EA for it to backtest long term results? In history looking nice. If there is +25 pips in profit we move to +5 lock profit
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 520 KB
Attached File(s)
File Type: tpl !!!!!!!!!!!D1 H4.tpl   5 KB | 1,578 downloads
File Type: ex4 MA_In_Color.ex4   10 KB | 1,543 downloads
File Type: mq4 MA_In_Color.mq4   4 KB | 1,703 downloads
File Type: ex4 QQE new histo + alerts.ex4   22 KB | 1,763 downloads
File Type: mq4 QQE new histo + alerts.mq4   6 KB | 1,922 downloads
  • #2
  • Jul 23, 2016 5:06pm Jul 23, 2016 5:06pm
There is also 200 EMA filter so we can follow this line
  • #3
  • Jul 24, 2016 2:43pm Jul 24, 2016 2:43pm
May i ask a pair of questions mate:

  1. Are these two indicators repainting? I am not familiar with QQE but nonlag MA (looks like MA in Color) is definitely repainting.
  2. It is a trend following system and you produced the better chart. Have you checked flat market conditions?

BR, alex
  • #4
  • Jul 24, 2016 2:58pm Jul 24, 2016 2:58pm
Quoting sevan62
May i ask a pair of questions mate: Are these two indicators repainting? I am not familiar with QQE but nonlag MA (looks like MA in Color) is definitely repainting. It is a trend following system and you produced the better chart. Have you checked flat market conditions?
QQE no repaint, its based on RSI cross like TDI indicator, but its much better. In flat conditions there are also situation, when strenght of market is on our site, so there should be more situations for BE + 5 pips. Looking not so bad.

MA in colour its just 100 LWA but show us colours. Its no repaint also
  • #5
  • Jul 24, 2016 4:06pm Jul 24, 2016 4:06pm
Quoting skyler
{quote} QQE no repaint, its based on RSI cross like TDI indicator, but its much better. In flat conditions there are also situation, when strenght of market is on our site, so there should be more situations for BE + 5 pips. Looking not so bad. MA in colour its just 100 LWA but show us colours. Its no repaint also
You've missed some enties friend.
And have you an answer to my 2nd question?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 415 KB
BR, alex
  • #6
  • Jul 24, 2016 5:04pm Jul 24, 2016 5:04pm
Oh you right, i missed this small loss. About question 2 I answered that there are a lot of situations, when we should take BE +1 or +5, coz we base on strenght RSI cross. Of course in trending results should be better

Here example how it looks.

I think with lock profit we should easy survive this conditions
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 179 KB
  • #7
  • Jul 25, 2016 2:05am Jul 25, 2016 2:05am
Quoting skyler
Oh you right, i missed this small loss. About question 2 I answered that there are a lot of situations, when we should take BE +1 or +5, coz we base on strenght RSI cross. Of course in trending results should be better Here example how it looks. I think with lock profit we should easy survive this conditions {image}
But lock profit to BE would cut off most of profitable enrties in trend market also.
BR, alex
  • #8
  • Jul 25, 2016 6:36am Jul 25, 2016 6:36am
You right, we need to check how its working with or how working woithout to find edge . But its always better to close trade in BE than loss.
  • #9
  • Jul 25, 2016 9:42am Jul 25, 2016 9:42am
Quoting skyler
You right, we need to check how its working with or how working woithout to find edge . But its always better to close trade in BE than loss.


have you tried it with 1 hour time frame or less? with 4 hour i think your breakeven after 25 pip is not good
Trading by EA
  • #10
  • Jul 25, 2016 10:57am Jul 25, 2016 10:57am
Quoting skyler
Hello guys, lets check this strategy: TF: H4 or D1 BUY: MA in colour is green and there is cross on QQE new histo for buy SELL: MA in colour is red and there is cross on QQE histo for sell Out, when there is opposite cross. Could somebody make EA for it to backtest long term results? In history looking nice. If there is +25 pips in profit we move to +5 lock profit {file} {file} {file} {file} {image} {file}
Hi Skyler,

Very nice strategy. I love it. Started on demo account. Let see how it goes. I have request can you please make alert on MA color indicator when it changes color. or when it crosses 200 ma. Appreciated.

Bomi
  • #11
  • Jul 25, 2016 11:52am Jul 25, 2016 11:52am
I didnt test so much it, but its seems to working also on lower TF. Lets wait for sevan62 reply to test it more
  • #12
  • Jul 26, 2016 1:43am Jul 26, 2016 1:43am
Quoting skyler
I didnt test so much it, but its seems to working also on lower TF. Lets wait for sevan62 reply to test it more
Hi buddy,
I have a lot of work now and not be able to help here during recent days. Maybe indeed you make some deeper test to involve me in this work faster.
BR, alex
  • #13
  • Jul 26, 2016 7:01am Jul 26, 2016 7:01am
Quoting skyler
Hello guys, lets check this strategy: TF: H4 or D1 BUY: MA in colour is green and there is cross on QQE new histo for buy SELL: MA in colour is red and there is cross on QQE histo for sell Out, when there is opposite cross. Could somebody make EA for it to backtest long term results? In history looking nice. If there is +25 pips in profit we move to +5 lock profit {file} {file} {file} {file} {image} {file}
Hi skyler,
I'm not expert MQL4 coder, but I could try to code this. What is the exit condition for the trade?

Regards
Laikos
  • #14
  • Jul 26, 2016 11:57am Jul 26, 2016 11:57am
We exit untill there is another cross or we got BE+5 after 20 pips profit
  • #15
  • Jul 26, 2016 12:37pm Jul 26, 2016 12:37pm
Quoting skyler
We exit untill there is another cross or we got BE+5 after 20 pips profit

i am silent Coder

now i broke silent now i will try to make ea skyler
Trading by EA
  • #16
  • Jul 26, 2016 12:38pm Jul 26, 2016 12:38pm
skyler can you tell me why lwma change colour? means what condition for change colour
Trading by EA
  • #17
  • Jul 26, 2016 1:00pm Jul 26, 2016 1:00pm
LWMA change colour, when price is above MA or under MA. Change of colour its only visuall addon
  • #18
  • Jul 26, 2016 2:15pm Jul 26, 2016 2:15pm
Quoting skyler
LWMA change colour, when price is above MA or under MA. Change of colour its only visuall addon

I made basic ea now please check it. if this ea is working and following buy and sell basic rules then we can move on forward . please check let me know back
Attached File(s)
File Type: ex4 my ea.ex4   11 KB | 1,216 downloads
Trading by EA
  • #19
  • Jul 26, 2016 6:57pm Jul 26, 2016 6:57pm
Thanks bro looking good, but I see EA enter on late position, coz when there is cross of QQE its waiting when price close above MA. We should take only trades, when there are cross above MA to buy. IF there cross under MA, EA should ignore this trade/
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB
  • #20
  • Jul 26, 2016 7:07pm Jul 26, 2016 7:07pm
Also I noticed something very interesing. With MA filtering we losing a lot of long move's to gain a hundreds of pips. Hmm could you give option to on/off MA filter? I would like to compare something
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