GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #142
- Jul 26, 2016 8:18am Jul 26, 2016 8:18am
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
Add the bullsbears eye indi might help manual trading and this code is not mine - i took it from mql4 and it is free for all - i would like to thank the programmer for such neat nice code.....
I try it on theoritical, it is good one, it will filter more the false signals
attached herewith the indi
I try it on theoritical, it is good one, it will filter more the false signals
attached herewith the indi
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
On forex factory there are so many threads showing the same idea.... Buy when both filters are green and sell when both filters are red... Yes correct but then many traders begin to ask . Please add this and add thast, and then make it ea and then it goes from simple trading idea to a strange thread that at the end all traders will stop reading it... No fun at all {image}
- #145
- Jul 26, 2016 11:27am Jul 26, 2016 11:27am
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
{quote} 2 Days after this Statement - we have "No Fun at All". Adding Indicators. I hope that are a progress. Thanks for sharing the idea Samer - I hope, you can handle the Thread - Green Pips and Subscribed
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #146
- Jul 26, 2016 11:29am Jul 26, 2016 11:29am
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
{quote} BullsBearsEyes is useless with this system. Event with your pic, you marked 6 signals, 5 are valid and 1 is invalid due to BullsBearsEyes. BUT looking through! It's a valid signal, it's profit trade, with really low DD. In the end, BullsBearsEyes does not fix the weakness of this system, or help it better. Remove BullsBearsEyes from your chart to keep it more clean and visual.
thank you
i did
i am just trying to configure the exit point
i am really fed up
in is clear
out is very foggy
any suggestions please....
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #147
- Jul 26, 2016 12:49pm Jul 26, 2016 12:49pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
i am just trying to configure the exit point
i am really fed up in is clear out is very foggy any suggestions please....
A true system needs to understand what to do if the trend changes, if the price moves out of range and has to be able to exit under these circumstances.
In the version I posted, there are 2 of these logics written in, mostly because of the simplicity of the system dictated.
The 2 exits are based on if the trend has changed or if the trend is still in effect. The logic seeks to find profit and if cannot, will simply stop trading until the signals are once again valid or until profit/sl is hit.
Look through your charts and decide:
How can you find the most amount of successful trades.
What will you do if the trend changes.
Would you close on trend change and a counter trigger?
And from here, finding a reasonable solution is a few mere lines of code away.
The first idea, is typically good but never complete.
It's where you decide to take this and deal with it that not only defines you as a trader, but also will define your system as an actual system.
My dos centavos.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Stuck in DD and trend changes what to do???
- Hedge the position and continue with new trend (Heavy money mangement)
- Increase lot size at the point of trend change to gain a tighter dynamic exit. Martingale exit (Risky)
- Take the loss (May kill the system's viability)
- pray, talk, yell at the charts and make them do what you say(Gambling)
- Do nothing, have a risk and profit extraction strategy in place (May work)
What is the historical profit average before going bust?
Use that average for extracting profits. (example every 50-200% Gain)
risk based on entire account capital vs percentage of such.
So either it's magin call or gain percentage. Hopefully your profit average has a higher Hit "probability" and leaves you in profit even after margin call.
Rinse repeat.
Grid Life!!!
Don't predict the future by optimizing your entry based on trend filters. Just know that the trend will change and you will have huge DDs.
non-grid You could try a 2 timeframe trend approach with a tight stop and wide target exit, trailing step/stop exit, or candle close exit and single positions. Say 1hr and daily. Enter starting at a new trend & signal on 1hr and exit on daily.
Sentiment (trend)
Currency Strength map
candle color sync
RSI
STOCH
CCI
MA
https://www.dukascopy.com/swiss/english/marketwatch/sentiment/
Single candle open line as compared to prior open.
Manual trendline
Open interest
+
+
+
All will give you results all will include the fault of trend change and large DDs
Solutions ONLY!!!
- #149
- Jul 26, 2016 3:33pm Jul 26, 2016 3:33pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Looks like the EA is trading upside down - or is it me?
MTF filtering added.
On this idea, I'm not sure about the Stochs as a signal because when a trend hits, there's a boatload of cost averaging going on, but in this, it still seemingly does okay.
Maybe a Price Cross above/below a moving average!?!?!
This might be interesting...work an M1 chart with an M5 filter...default values are for M15.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #150
- Jul 26, 2016 4:06pm Jul 26, 2016 4:06pm
- Joined Jun 2014 | Status: Invisible | 1,471 Posts
{quote} Try this one. MTF filtering added. On this idea, I'm not sure about the Stochs as a signal because when a trend hits, there's a boatload of cost averaging going on, but in this, it still seemingly does okay. Maybe a Price Cross above/below a moving average!?!?! This might be interesting...work an M1 chart with an M5 filter...default values are for M15.
. Firing up and watching...
- #151
- Jul 26, 2016 4:43pm Jul 26, 2016 4:43pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} Great - thanks a lot Magix
That idea stinks. HARD!
So...beings how we are only actually partially using the Stochs, in that we have both a main and signal line and are only employing one, I have decided to throw divergence into the mix and use the Long Stochs Main and Signal lines.
WOoooooo...
Give this version a run.
Test M1 chart - Set time delay = 120 and keep the MTF filter at 15.
Be a lot different and something that may be a lot more viable for a long runner.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #152
- Edited 9:51pm Jul 26, 2016 9:24pm | Edited 9:51pm
- | Joined Feb 2012 | Status: Trader | 153 Posts
Started trading about an hour before Asian open. Traded for about 90 minutes. Non-jpy pairs.
Closed trades when the long term stoch crossed 0 line on gu and ea and closed out uc at the same time. Total 95 pips.
Edit: There were more pips on the table if would have closed out at the opposite signal.
GU, EA, UCad
Closed trades when the long term stoch crossed 0 line on gu and ea and closed out uc at the same time. Total 95 pips.
Edit: There were more pips on the table if would have closed out at the opposite signal.
GU, EA, UCad
- #153
- Jul 26, 2016 11:17pm Jul 26, 2016 11:17pm
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
{quote} There is no perfection in a single entry/exit system, that I have seen. A true system needs to understand what to do if the trend changes, if the price moves out of range and has to be able to exit under these circumstances. In the version I posted, there are 2 of these logics written in, mostly because of the simplicity of the system dictated. The 2 exits are based on if the trend has changed or if the trend is still in effect. The logic seeks to find profit and if cannot, will simply stop trading until the signals are once again valid...
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #154
- Jul 26, 2016 11:36pm Jul 26, 2016 11:36pm
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
Started trading about an hour before Asian open. Traded for about 90 minutes. Non-jpy pairs. Closed trades when the long term stoch crossed 0 line on gu and ea and closed out uc at the same time. Total 95 pips. Edit: There were more pips on the table if would have closed out at the opposite signal. GU, EA, UCad {image}
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #155
- Jul 27, 2016 12:04am Jul 27, 2016 12:04am
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
to all friends JOINED US IN THIS THREAD, AND WRITING TO DEVELOP THE THREAD IN ANY POSITIVE OR EVEN NEGATIVE MEANS........,
day after day i am learning more from you my friends
i had an idea
i shared it here in forex factory WITH YOU.......
you helped to upgrade this idea .....
i thank you all
( MAGIX AND tradertron ( I CHANGED THE COLORS ) ) YOU ARE GREAT..... thank you
I KNOW NOW MORE ABOUT THE EXIT POINT,....
BY THE WAY , MANY ARE SENDING TO ME ASKING TO SHARE THE BINATY INDI, AND I WILL NOT SHARE IT, BECAUSE, IT IS REPAINTING IN THE LAST 6 BARS , I CAN UNDERSTAND THIS REPAINTING, BUT I AM AFRAID THAT IT WILL CAUSE DAMAGE TO SOMEONE ACCOUNT, SO :
I APOLOGIZE , I WILL NOT SHARE IT.
INSTEAD I WILL USE THE IDEA OF THE STOCH WITH HISTOGRAM STOCH .
THANK YOU
samer
I CHANGED THE COLORS FOR BETTER SIGNALS
day after day i am learning more from you my friends
i had an idea
i shared it here in forex factory WITH YOU.......
you helped to upgrade this idea .....
i thank you all
( MAGIX AND tradertron ( I CHANGED THE COLORS ) ) YOU ARE GREAT..... thank you
I KNOW NOW MORE ABOUT THE EXIT POINT,....
BY THE WAY , MANY ARE SENDING TO ME ASKING TO SHARE THE BINATY INDI, AND I WILL NOT SHARE IT, BECAUSE, IT IS REPAINTING IN THE LAST 6 BARS , I CAN UNDERSTAND THIS REPAINTING, BUT I AM AFRAID THAT IT WILL CAUSE DAMAGE TO SOMEONE ACCOUNT, SO :
I APOLOGIZE , I WILL NOT SHARE IT.
INSTEAD I WILL USE THE IDEA OF THE STOCH WITH HISTOGRAM STOCH .
THANK YOU
samer
I CHANGED THE COLORS FOR BETTER SIGNALS
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #157
- Jul 27, 2016 4:21pm Jul 27, 2016 4:21pm
- Joined Jun 2014 | Status: Invisible | 1,471 Posts
{quote} Wow. That idea stinks. HARD! So...beings how we are only actually partially using the Stochs, in that we have both a main and signal line and are only employing one, I have decided to throw divergence into the mix and use the Long Stochs Main and Signal lines. WOoooooo... Give this version a run. Test M1 chart - Set time delay = 120 and keep the MTF filter at 15. Be a lot different and something that may be a lot more viable for a long runner. {file}
- #158
- Jul 27, 2016 7:23pm Jul 27, 2016 7:23pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #159
- Jul 27, 2016 7:23pm Jul 27, 2016 7:23pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} Thanks again! Up and running
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
As per the rules from the first post... started trading about 40 minutes before Asian open. Duration 2 hours. Drawdown at one point was around 155 pips. Closed all trades early instead of waiting for crossing of the 0 line signal because didn't want to be stuck to the screen. Total pips 71.
