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Monthly Profit - Daily Trading using SMA

  • #621
  • Aug 26, 2016 1:39am Aug 26, 2016 1:39am
Quoting FX-Flux
{quote} Here is the latest version of the script. It spots every crossover(i think) {file}
I tried to use this script on MT4 but didn't work, any one can help ?
  • #622
  • Aug 26, 2016 3:11am Aug 26, 2016 3:11am
Quoting Shangkay99
{quote} I tried to use this script on MT4 but didn't work, any one can help ?
I created two things a Script and an EA.

I binned the EA as I didn't want to spend any more time on it.

As for the Script, all it does is list all the pairs which had an crossover the day before. Hence, you run this just after midnight or whenever your new daily candle forms. You need to check my original post:

Quoting FX-Flux
So i modified a script that you can run and it will tell you which pairs out of the market watch had a crossover the day before. the mqh file goes in your include folder and the other two go in scripts. {file} {file} {file} {image}
And then use V2 found here:

Quoting FX-Flux
{quote} Here is the latest version of the script. It spots every crossover(i think) {file}
Drag this onto a chart to run it and then check your Experts Tab at the bottom of the screen to see the results... Again, this is not an automated strategy so you will have to make up your own mind on what trades you take.
So many in the Commercial section want to make me rich! :o
  • #623
  • Aug 26, 2016 5:11am Aug 26, 2016 5:11am
Quoting Bk8
{quote} Hi Oddbjorg, Please check your D1 chart and see when new candles starts.
Daily candle starts at 00:00
Thank you
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #624
  • Aug 26, 2016 5:36am Aug 26, 2016 5:36am
Quoting Oddbjorg
{quote} Daily candle starts at 00:00 Thank you Oddbj.
The time in my Market Watch is 2 hours ahead of my time (GMT+0), so I can check my signals at 22:00 each evening.
So many in the Commercial section want to make me rich! :o
  • #625
  • Aug 26, 2016 5:57am Aug 26, 2016 5:57am
Bk8 these r my opened positions...
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  • #626
  • Aug 26, 2016 6:05am Aug 26, 2016 6:05am
Hi Bk8, great and simple system you have here!

I started today on demo to get a feel for it and entered a buy on AUDCHF.

Attached Image (click to enlarge)
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Persistence will get it. Consistency will keep it.
  • #627
  • Aug 26, 2016 6:51am Aug 26, 2016 6:51am
Quoting FX-Flux
{quote} The time in my Market Watch is 2 hours ahead of my time (GMT+0), so I can check my signals at 22:00 each evening.
Thank you.
So for long my new candle is to rigth above og two candles from sma?
All the best to all of you. But don't follow me. I am a learner.
  • #628
  • Aug 26, 2016 7:03am Aug 26, 2016 7:03am
Hello BK8 and thanks for your sharing
I hope I can join this thread too

I would like to ask a question?
What is the reason of the shift for SMA?
Or in others words, why we need to shift the SMA for 3 candles?

And are there anyone using cTrader desktop?
Although I can shift in the cTrader Mobile, the desktop version do not allow me to shift
  • #629
  • Aug 26, 2016 7:17am Aug 26, 2016 7:17am
Quoting Oddbjorg
{quote} Thank you. So for long my new candle is to rigth above og two candles from sma?
This was not well written of me. My reply was full of errors. Sorry about that.
So for me looking to go long, I am supposed look for a new D candle starting rigth above sma?
Sorry if you don´t understand my question. That is ok
I am just trying to find the rigth time to get the best signal.

Thank you.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #630
  • Aug 26, 2016 8:03am Aug 26, 2016 8:03am
Quoting shaan295
Bk8 these r my opened positions... {image}
Thanks for sharing shaan, good luck!
  • #631
  • Aug 26, 2016 8:05am Aug 26, 2016 8:05am
Quoting Chake
Hi Bk8, great and simple system you have here! I started today on demo to get a feel for it and entered a buy on AUDCHF. {image}
Welcome Chake! I think you already made more than 50 pips, isn't?
  • #632
  • Aug 26, 2016 8:50am Aug 26, 2016 8:50am
Quoting Bk8
{quote} Welcome Chake! I think you already made more than 50 pips, isn't?
It sure was a good start! it was 1 pip shy off 50 pips indeed, lets see what the next two days will bring for this cross.
You do hold positions open over the weekend don't you?
Persistence will get it. Consistency will keep it.
  • #633
  • Aug 26, 2016 9:06am Aug 26, 2016 9:06am
Quoting Bk8
{quote} Welcome Chake! I think you already made more than 50 pips, isn't?
My current cross using this system.Started 3 days ago.Will keep on updating.Thanks for your information on this awesome trading system
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  • #634
  • Aug 26, 2016 9:50am Aug 26, 2016 9:50am
Quoting Chake
{quote} It sure was a good start! it was 1 pip shy off 50 pips indeed, lets see what the next two days will bring for this cross. You do hold positions open over the weekend don't you?
Thats correct, I like to hold as long as it triggers stoploss itself.. since I keep shifting SL everyday.
I do close some setups when I have to compensate loss from setups or any red news can wipe off my profit.
e.g. my setup for EU triggered SL and I lost 40 pips so I will close one of profit making setups to compensate
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  • #635
  • Aug 26, 2016 10:00am Aug 26, 2016 10:00am
Great stuff
Persistence will get it. Consistency will keep it.
  • #636
  • Aug 26, 2016 11:02am Aug 26, 2016 11:02am
I thought i would take every trade the script recommended:
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So many in the Commercial section want to make me rich! :o
  • #637
  • Aug 26, 2016 11:32am Aug 26, 2016 11:32am
Quoting FX-Flux
I thought i would take every trade the script recommended: {image}
have you modified the script to auto buy/sell?

Cheers
  • #638
  • Aug 26, 2016 12:05pm Aug 26, 2016 12:05pm
Quoting yonnie
{quote} yeah we really like to see a big, bold candle screaming: look at me! this candle is not one of them for sure, but maybe its time for the JPY to lose a bit of ground E/N crossed the resistance but closed just 10 pips inside - think its worthy of a try.
The candelles must touch the BB upper or lower lines before crossing the MA line
Attached Image
  • #639
  • Aug 26, 2016 12:06pm Aug 26, 2016 12:06pm
Quoting edge0xc
{quote} have you modified the script to auto buy/sell? Cheers
I can post V3 which will open the trades and set the initial stop loss, but you have to manage it from there. Is it worth sharing? Because it might take trades that you think are bad.
So many in the Commercial section want to make me rich! :o
  • #640
  • Aug 26, 2016 12:44pm Aug 26, 2016 12:44pm
Quoting FX-Flux
{quote} I created two things a Script and an EA. I binned the EA as I didn't want to spend any more time on it. As for the Script, all it does is list all the pairs which had an crossover the day before. Hence, you run this just after midnight or whenever your new daily candle forms. You need to check my original post: {quote} And then use V2 found here: {quote} Drag this onto a chart to run it and then check your Experts Tab at the bottom of the screen to see the results... Again, this is not an automated strategy so you will have to make up your...
HI
there is an error when i load the script to chart
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