Touch - not touch: Forex reality | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Horizontal Line Indicator Based On Price Close, Not Touch 2 replies

Reality of FOREX: my experience with brokers + share yours 614 replies

Looking for trusted exotic one touch forex broker 2 replies

Forex Reality Tour #1 - Market Trend % 48 replies

Forex Short Term Reality- High Reward 85 replies

Attachments: Touch - not touch: Forex reality
Exit Attachments

Touch - not touch: Forex reality

  • #41
  • Jul 24, 2016 12:57pm Jul 24, 2016 12:57pm
Quoting Samer1970
{quote} ok in pips as per the foto above 1 loss is 0.01 x 500 points = -5 usd 12 wins x avg points 350 = 4200 points x 0.01 = 42 usd so your final result is 42-5 = 37 usd in your account Good luck
ok thanks that what i meant. But when do we increase the size we have some sort of martingale yes ?

we start with a 1000 dollar account if we start with 10000 we can use 0.1 lots ?


best regards
  • #42
  • Jul 24, 2016 2:03pm Jul 24, 2016 2:03pm
Quoting Samer1970
Stoch in two different styles and ao {image}

Wow !!

What made you decide to share now. Why did you not put this in your trading journals
  • #43
  • Jul 24, 2016 2:30pm Jul 24, 2016 2:30pm
Quoting Samer1970
Here are the colored histogram stoch.... Indi for your loading i am not the coder, but i have played little in the code to suite this manual strategy i am not responsible for any loss or wins you will get by using these indis, use them on your own risk {file}
Please include the stoch indicator and template. Thank you
  • #44
  • Jul 24, 2016 3:49pm Jul 24, 2016 3:49pm
Quoting Samer1970
Here are the colored histogram stoch.... Indi for your loading i am not the coder, but i have played little in the code to suite this manual strategy i am not responsible for any loss or wins you will get by using these indis, use them on your own risk {file}
May I say that this Stoch Histogram Indi apparently is nothing else than the %K line of a Standard Stochastic, based on an SMA and shifted down by 50 units to oscillate around Zero, displayed as a two-colour histogram? This would result in some coarse trend filter, IMO.

There's nothing special so far. What irritates me, though, is the fact that the settings of your Stoch Histo seem to differ from pic to pic. To make this a real system, it would be necessary to either use consistent parameters or to set up exact rules telling when to change parameters, and why.

Then this could be coded and tested, to reach a statistically significant number of trades (around 1000 minimum on several pairs) to see whether this makes sense as a strategy.
  • #45
  • Edited 9:33pm Jul 24, 2016 8:58pm | Edited 9:33pm
EJ looking good so far during Asian session.

GU is doing better... UCAD would have banked 30+ pips so far. Haven't looked at any other charts.

EJ
Attached Image (click to enlarge)
Click to Enlarge Name: EJ Asian session TnT.JPG Size: 194 KB



Edit: closed out the shorts for 87 pips on the cross of the long term histogram below zero and the short term stoch below 20.
  • #46
  • Jul 24, 2016 10:22pm Jul 24, 2016 10:22pm
Quoting jgadefelth
{quote} ok thanks that what i meant. But when do we increase the size we have some sort of martingale yes ? we start with a 1000 dollar account if we start with 10000 we can use 0.1 lots ? best regards

500 usd use 0.01 lot
1000 usd use 0.05 lot
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #47
  • Jul 24, 2016 10:23pm Jul 24, 2016 10:23pm
Quoting maxwell-eqtn
{quote} Wow !! What made you decide to share now. Why did you not put this in your trading journals
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #48
  • Jul 24, 2016 10:29pm Jul 24, 2016 10:29pm
Quoting tradertron
EJ looking good so far during Asian session. GU is doing better... UCAD would have banked 30+ pips so far. Haven't looked at any other charts. EJ {image} Edit: closed out the shorts for 87 pips on the cross of the long term histogram below zero and the short term stoch below 20.

good
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #49
  • Jul 24, 2016 10:35pm Jul 24, 2016 10:35pm
Quoting duplex
{quote} May I say that this Stoch Histogram Indi apparently is nothing else than the %K line of a Standard Stochastic, based on an SMA and shifted down by 50 units to oscillate around Zero, displayed as a two-colour histogram? This would result in some coarse trend filter, IMO. There's nothing special so far. What irritates me, though, is the fact that the settings of your Stoch Histo seem to differ from pic to pic. To make this a real system, it would be necessary to either use consistent parameters or to set up exact rules telling when to change...

hi

the code is not mine

each pair has its own set points at which it might change from one trader to another, i make the range from 333/33/33 to 444/44/44 and it is up to you, may be you find that 1000/50/8 for example is good for you, it is up to you !!

the idea is to make things simple

no need to know if it is Ma based on bollinger then it is x by y faxtor then it is being devided by z figure then john added his touches then maria removed the line q .....etc


just use it as it is...
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #50
  • Jul 24, 2016 10:40pm Jul 24, 2016 10:40pm
Quoting maxwell-eqtn
{quote} Wow !! What made you decide to share now. Why did you not put this in your trading journals

hi

post number 45 will answer your question......

at least one trader understand the idea and he try it and he made some money

refer to the post 45 and try to learn something from this trader..... as i said, i do not sell anything here and i will not sell anything to anyone, just to share a system i believe if you add it to your trading strategy , might save your knick from selling your shirt later on..

have a nice day...
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #51
  • Jul 24, 2016 11:01pm Jul 24, 2016 11:01pm
Quoting aelimian
{quote} please include the stoch indicator and template. Thank you

here is the colored stoch. I am not the coder, but i have changed some minor settings in the code to suit trading manual strategy


Attached File(s)
File Type: mq4 Color_Stochastic.mq4   5 KB | 738 downloads


Attached File(s)
File Type: mq4 StochHistogram.mq4   3 KB | 650 downloads
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #52
  • Jul 25, 2016 12:22am Jul 25, 2016 12:22am
Hi samer1970!

long time, how do you handle a day like this?


kos
Attached Image (click to enlarge)
Click to Enlarge Name: kl.png Size: 37 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #53
  • Jul 25, 2016 1:03am Jul 25, 2016 1:03am
Quoting kosomolate
hi samer1970! Long time, how do you handle a day like this? Kos {image}
hi this is the trend day
this the killer of this strategy
but if you play it in good manner, your losses will be minimum, as i said, this is market

first three trades will make profit
the second set may be
the other set no
the last set will give you all profits to cover the losses so you will go outeven . I believe
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 265 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #54
  • Jul 25, 2016 1:08am Jul 25, 2016 1:08am
Quoting kosomolate
hi samer1970! Long time, how do you handle a day like this? Kos {image}

same case here, but the indi is different.

The trend will not be affecting the trades


this is idea of using ao

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #55
  • Jul 25, 2016 1:11am Jul 25, 2016 1:11am
Quoting Samer1970
Moving against the trend is like this //////////////////lose all of your money
Quoting Samer1970
With trend you will get more profits 1 lost and all other 5 or six win
I think I got your idea, but I'm not sure whether painting the upper part of a histogram in red instead of green like most oscillators will turn a weak but obvious uptrend in a downtrend.

The way you're placing your entries is against the trend, not with the trend. This is against general wisdom, and this is the detail which makes it interesting to discuss further.

The point may be that by taking every little counter trend swing as an entry, you might catch that big one called reversal in the end.
Quoting Kosomolate
long time, how do you handle a day like this?
And Kosomolate came up with the most obvious question before I did: why should I hold all those counter trend trades for such a ridiculously long period of time, eating up margin and turning several potential tiny profits in one big loss? IMO, there's no logical reason for that.

Those little counter trend entries have to be closed much earlier to make sense.
  • #56
  • Jul 25, 2016 1:38am Jul 25, 2016 1:38am
Quoting duplex
{quote} {quote} I think I got your idea, but I'm not sure whether painting the upper part of a histogram in red instead of green like most oscillators will turn a weak but obvious uptrend in a downtrend. The way you're placing your entries is against the trend, not with the trend. This is against general wisdom, and this is the detail which makes it interesting to discuss further. The point may be that by taking every little counter trend swing as an entry, you might catch that big one called reversal in the end. {quote} And Kosomolate came up with...

hi
in all means you are CORRECT.
WHY SHOULD I HOLD AGIANST THE TREND ALL OF THESE TRADES.
SAME AS I CLOSE ALL WRONG TRADES BY A STOP LOSS.

HERE WE COME TO THE 5 MINUTES CHARTS

AS YOU CAN SEE, I AM TRYING TO GIVE THE SYSTEM STEP BY STEP ,AS LONGER WE DISCUSS AS THE DETAILS WILL BECOME MORE AND THE ANALYSIS WILL BECOME MORE INTERSTING

THEN WE JUMP TO 5 MINUTES, AS YOU CAN SENSE THE 1 MINUTE IS HAVING SOME DEFCETS DUE TO TREND, MOST OF THE TIMES TREND IS 35% OF THE WEEK, AND MOST OF THE DAYS THE RANGE MARKET IS 65% OF THE DAYS

CHECK NOW THE 5 MINUTES CHART ON 25/25/25

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB


OK
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #57
  • Jul 25, 2016 1:39am Jul 25, 2016 1:39am
Check this again

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 142 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #58
  • Jul 25, 2016 1:47am Jul 25, 2016 1:47am
So where is the handy dandy 15 pip close all trades EA?

What makes this any different than any other grid trend strategy that fails on strong drawdown?

You can basically pull out any "highly profitable" trend sentiment indicator and mix it with your Stoch entry method and still you will have the runaway trend issue.

You can automate and configure the take profit to as low as 2 pips and still your day will come to go broke

you can filter entry and it won't help



Killers:
Trend change
News Spikes
Spread
Money management


Why you don't want to see it automated???
Obviously it will show the flaw very quickly

She's a beauty and a beast!


A good readup for those who don't see. Matrix Grid Trader
Also have a few close all trade indicators to play with
Still fizzles in the end...
http://www.forexfactory.com/showthread.php?t=518257
Solutions ONLY!!!
  • #59
  • Jul 25, 2016 2:01am Jul 25, 2016 2:01am
Quoting duplex
{quote} {quote} I think I got your idea, but I'm not sure whether painting the upper part of a histogram in red instead of green like most oscillators will turn a weak but obvious uptrend in a downtrend. The way you're placing your entries is against the trend, not with the trend. This is against general wisdom, and this is the detail which makes it interesting to discuss further. The point may be that by taking every little counter trend swing as an entry, you might catch that big one called reversal in the end. {quote} And Kosomolate came up with...
it's a counter trend strategy and it has it death day always around the corner.

the big stoch shows trend is up (forget the color you paint it, if its above zero, the momentum is up) and then he is shorting the long trend. that is the finest recipe for trading catastrophy

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #60
  • Jul 25, 2016 2:05am Jul 25, 2016 2:05am
A catastrophe hunting mission indeed
Solutions ONLY!!!
0 traders viewing now