Monthly Profit - Daily Trading using SMA | Page 28 | Forex Factory

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Monthly Profit - Daily Trading using SMA

  • #541
  • Aug 23, 2016 6:53pm Aug 23, 2016 6:53pm
Quoting sam69
{quote} ...i was testing this strategy and set sl 15 pips away .... {image}
  • #542
  • Aug 23, 2016 7:27pm Aug 23, 2016 7:27pm
Quoting FX-Flux
Mostly good signals from the script: 2016.08.23 19:20:39.268 SymbolsSample AUDJPY,H1: Candle MA Crossover DOWN on Symbol - AUDUSD 2016.08.23 19:20:39.269 SymbolsSample AUDJPY,H1: Candle MA Crossover UP on Symbol - GBPCHF 2016.08.23 19:20:39.270 SymbolsSample AUDJPY,H1: Candle MA Crossover DOWN on Symbol - NZDJPY 2016.08.23 19:20:39.270 SymbolsSample AUDJPY,H1: Candle MA Crossover UP on Symbol - USDCAD 2016.08.23 19:20:39.273 SymbolsSample AUDJPY,H1: Candle MA Crossover UP on Symbol - EURHUF 2016.08.23 19:20:39.275 SymbolsSample AUDJPY,H1: Candle...
Hi FX,

Sorry to say but your script is not working. I am using D1 TF. I have followed your instructions where to load it. Can u help me out. Appreciated.

Bomi
  • #543
  • Aug 23, 2016 7:41pm Aug 23, 2016 7:41pm
Here is another type of sidways pattern, we should ingore these setups while using SMA strategy

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #544
  • Aug 24, 2016 1:12am Aug 24, 2016 1:12am
Hei Bk8, gonna add my mt4 indic, its oky for trading the system like this?
Wanted to as to if the positions with is in this picture its oky to enter the trade?
Just wondering you have write about sideways I just didn't understand about them,

Thank you.
Attached Image (click to enlarge)
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  • #545
  • Aug 24, 2016 1:42am Aug 24, 2016 1:42am
Quoting Bomi
{quote} Hi FX, Sorry to say but your script is not working. I am using D1 TF. I have followed your instructions where to load it. Can u help me out. Appreciated. Bomi
You must be loading the EA, I'm talking about the Script that i posted - Check my files that I've posted in my profile if you can't find it in this thread.

I modified the EA to (kind of) work in MT5 so i could test the strategy on all symbols and here are the results

Also ran the script this morning to find the daily crossovers to save you searching through every chart:


2016.08.24 07:41:23.419 SymbolsSample GBPUSD,Daily: Candle MA Crossover DOWN on Symbol - GOLD
2016.08.24 07:41:23.419 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - USDCNH
2016.08.24 07:41:23.418 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - USDRUB
2016.08.24 07:41:23.414 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - USDTRY
2016.08.24 07:41:23.412 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - GBPDKK
2016.08.24 07:41:23.410 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - EURCCK
2016.08.24 07:41:23.403 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - NZDCAD
2016.08.24 07:41:23.403 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - USDZAR
2016.08.24 07:41:23.401 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - USDNOK
2016.08.24 07:41:23.395 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - EURHUF
2016.08.24 07:41:23.387 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - USDCAD
2016.08.24 07:41:23.386 SymbolsSample GBPUSD,Daily: Candle MA Crossover DOWN on Symbol - NZDJPY
2016.08.24 07:41:23.384 SymbolsSample GBPUSD,Daily: Candle MA Crossover UP on Symbol - GBPCHF
2016.08.24 07:41:23.382 SymbolsSample GBPUSD,Daily: Candle MA Crossover DOWN on Symbol - AUDUSD
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So many in the Commercial section want to make me rich! :o
  • #546
  • Aug 24, 2016 2:13am Aug 24, 2016 2:13am
@ FX-Flux

Can you share the cource code of your EA?

Cheers
  • #547
  • Aug 24, 2016 2:16am Aug 24, 2016 2:16am
Inserted Code
@[url="http://www.forexfactory.com/fx-flux"] FX-Flux [/url]

Can you share the cource code of your EA?

Cheers






  • #548
  • Aug 24, 2016 2:37am Aug 24, 2016 2:37am
@Bk8 I am now your new follower for this system.Just opened a Buy for USDCHF and am following all your rules regarding tp/sl.Just wanted to ask is this counted as a clean setup?
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  • #549
  • Aug 24, 2016 3:57am Aug 24, 2016 3:57am
Quoting edge0xc
@ FX-Flux Can you share the cource code of your EA? Cheers
I'm not keen on sharing the mq4 file, the ex4 is posted here though if you want to try that.

I only added it to MT5 so that I could test it on multiple symbols
So many in the Commercial section want to make me rich! :o
  • #550
  • Aug 24, 2016 4:06am Aug 24, 2016 4:06am
Hello Bk8

Thanks for sharing your system.
I am very new, so sorry if my questions are foundational.
I am using OANDA.
How come my candles are not exactly as yours?
They almost are.
All the best to all of you. But don't follow me. I am a learner.
  • #551
  • Aug 24, 2016 5:53am Aug 24, 2016 5:53am
Quoting Oddbjorg
Hello Bk8 Thanks for sharing your system. I am very new, so sorry if my questions are foundational. I am using OANDA. How come my candles are not exactly as yours? They almost are.
Its normal that all brokers quote aren't the same, most brokers would claim to be ndd (non dealing desk brokers) but the fact is that most are market makers or liquidity providers.its as simple as this when you are selling or buying a currency who do you think your exchanging with ,your broker so in such an environment prices would defer from broker to broker,also due to the level of liquidity your broker is experiencing.
  • #552
  • Aug 24, 2016 5:58am Aug 24, 2016 5:58am
Quoting ohakaba
{quote} Its normal that all brokers quote aren't the same, most brokers would claim to be ndd (non dealing desk brokers) but the fact is that most are market makers or liquidity providers.its as simple as this when you are selling or buying a currency who do you think your exchanging with ,your broker so in such an environment prices would defer from broker to broker,also due to the level of liquidity your broker is experiencing.
The general shape of a daily candle should be the same. However, GMT offset and the use of a Sunday candle could change how it looks.
So many in the Commercial section want to make me rich! :o
  • #553
  • Aug 24, 2016 6:05am Aug 24, 2016 6:05am
@Bk8 it's been a profitable and plentiful pips week for me and I'm flat now for the week with your strategy. Red news days are coming up the next couple days and I don't want to give any back this week so will sit on the sidelines now! May trade demo the next couple days.

All in, took 4 trades and finished up around 280 pips total. GBPCAD was the big winner at close to 250 pips!
  • #554
  • Aug 24, 2016 6:09am Aug 24, 2016 6:09am
Quoting Oddbjorg
Hello Bk8 Thanks for sharing your system. I am very new, so sorry if my questions are foundational. I am using OANDA. How come my candles are not exactly as yours? They almost are.
Its normal that all brokers quote aren't the same, most brokers would claim to be ndd (non dealing desk brokers) but the fact is that most are market makers or liquidity providers.its as simple as this when you are selling or buying a currency who do you think your exchanging with ,your broker so in such an environment prices would defer from broker to broker,also due to the level of liquidity your broker is experiencing.
  • #555
  • Aug 24, 2016 6:39am Aug 24, 2016 6:39am
Quoting marinecorps
@Bk8 it's been a profitable and plentiful pips week for me and I'm flat now for the week with your strategy. Red news days are coming up the next couple days and I don't want to give any back this week so will sit on the sidelines now! May trade demo the next couple days. All in, took 4 trades and finished up around 280 pips total. GBPCAD was the big winner at close to 250 pips!
Thanks marinecorps for your feedback, this will motivate other traders too. Good Luck!
  • #556
  • Aug 24, 2016 6:45am Aug 24, 2016 6:45am
Quoting FX-Flux
{quote} The general shape of a daily candle should be the same. However, GMT offset and the use of a Sunday candle could change how it looks.
Agree, I have accounts from 3 brokers but I like to follow candles start at 5 pm EST..this has given me consistent results so far, we need to test all timezones before we conclude the best timezone to follow
  • #557
  • Aug 24, 2016 6:48am Aug 24, 2016 6:48am
I love this shape
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  • #558
  • Aug 24, 2016 7:37am Aug 24, 2016 7:37am
Quoting ohakaba
{quote} Its normal that all brokers quote aren't the same, most brokers would claim to be ndd (non dealing desk brokers) but the fact is that most are market makers or liquidity providers.its as simple as this when you are selling or buying a currency who do you think your exchanging with ,your broker so in such an environment prices would defer from broker to broker,also due to the level of liquidity your broker is experiencing.
Thank you Ohakaba
Im my case f. ex GBY/JPY in my OANDA - chart seems to be identical with the charts provided by Forexfactory on their webside

Thanks
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #559
  • Aug 24, 2016 7:44am Aug 24, 2016 7:44am
I will chime in on the results ... This is my first week using this method... I closed my ec trade too early but overall not bad .. I have to work on my trade management.... Thanks bk8!

100+ pips in a week
  • #560
  • Aug 24, 2016 8:11am Aug 24, 2016 8:11am
Quoting Swiper
I will chime in on the results ... This is my first week using this method... I closed my ec trade too early but overall not bad .. I have to work on my trade management.... Thanks bk8! 100+ pips in a week
Thanks Swiper for your feedback!
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