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Attachments: Daily green/red candle
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Daily green/red candle

  • #3,081
  • Sep 16, 2016 6:14am Sep 16, 2016 6:14am
hi
anyone with these week signals ?

i hope took the profit

Attached Image (click to enlarge)
Click to Enlarge Name: gj.png Size: 28 KB
  • #3,082
  • Edited 9:36am Sep 16, 2016 7:22am | Edited 9:36am
Quoting Merka
{quote} The question is: Is there any edge following just the "candle color"? The strategy is to place 1 order per day per instrument. The order will be placed at the opening of the Asian session (22:00 UK time) and after that close the pc for the next 24 hours. Every order will be closed at the end of the trading day (this mean every order will last circa 24 hours). None of the case studies gives a winning edge above 50%. Feel free to comment and analyse. {file}
Hi Merka,

I looked at your entry/exit conditions and the spreadsheet. OK, so with your 50% result using this (too?) simplistic money management, you don't need candle color. Could just flip a coin before Asian session opens and buy if heads, sell if tails.

Why didn't you include data for the number of pips resulting on each day? Many strategies that have 50% win rate can show long-term gain with proper money management. Maybe this 50% win rate is also showing positive pips, but you did not do the analysis.

OK, I attached an updated spreadsheet that shows the amount of pips for each trade. I also updates the results tab with the total pips for each study.

All studies negative pips.

Case 4 , using only the weekly bar color, gave the best results of -215 pips.

In case 4, the pips ranged from -85 to +289. However, this is a bit misleading. If you look at the Results tab, the frequency distribution shows most trades, about 84%, gave between -60 and +80 pips, and about half of that group were winners and half losers.

Perhaps someone else will now take this and check to see if using a very large stop loss (to mimic no stop loss) and a small profit target, such as 10 or 50 pips, will bring this to a positive outcome.
Attached File(s)
File Type: xlsx EURUSD Daily Edge-mod01drdave.xlsx   214 KB | 479 downloads
To free Gazans of Hamas, use whatever it takes.
  • #3,083
  • Sep 16, 2016 9:10am Sep 16, 2016 9:10am
hi Dimdel,
first, thank you to share your strategy. I have a question for you about the post 1, when you use the fibo in post 1, you show us 180, 200, 300 level but when you compile the résults you show the 180 and 200 level , how I can interpret the resuts.... it is better to take profit at 200 or what...


have a nice day

liberty55
  • #3,084
  • Sep 16, 2016 10:03am Sep 16, 2016 10:03am
HI at all , for to be more clear I attach an indicator to plote the trade and aan chart ( input and output ) see the chart , you will find rapidely where the trade were active and the close....

Hope it is more clear to see the trade ( input, output approximatively the time we are on the market....)

I took these trade on the 4hrs system... but I look on the daily chart before
Attached Image (click to enlarge)
Click to Enlarge Name: euraud_daily_dimdel.PNG Size: 153 KB
Attached File(s)
File Type: ex4 Trade_Plotter.ex4   9 KB | 449 downloads
  • #3,085
  • Sep 16, 2016 10:29am Sep 16, 2016 10:29am
Quoting liberty55
HI at all , for to be more clear I attach an indicator to plote the trade and aan chart ( input and output ) see the chart , you will find rapidely where the trade were active and the close.... Hope it is more clear to see the trade ( input, output approximatively the time we are on the market....) I took these trade on the 4hrs system... but I look on the daily chart before {image} {file}
LOL liberty55! Your attachment really did not make your trade more clear. For me, it made it impossible to know what you are trying to show us.
To free Gazans of Hamas, use whatever it takes.
  • #3,086
  • Sep 16, 2016 11:10am Sep 16, 2016 11:10am
hiDrDave just to show when the trade in on the market and when is out but, maybe it is better to put a 4hrs chart, if I took a trade on the 4hrs chart...

hope is more clear....

have a nice day

P.S. some peoples tell : I take this trade.... but on their chart you don't see where....

Liberty55
  • #3,087
  • Sep 16, 2016 11:25am Sep 16, 2016 11:25am
Quoting liberty55
P.S. some peoples tell : I take this trade.... but on their chart you don't see where.... Liberty55
I think that they do not know they can drag the trade onto the chart and it will be marked.
To free Gazans of Hamas, use whatever it takes.
  • #3,088
  • Sep 16, 2016 12:26pm Sep 16, 2016 12:26pm
thank DrDave... I know when you drag on the chart... but more peoples never drag pn the charts... with this indicator...it is automatic...no need to thing to drag on the chart, it is more easy...it ia all.

Liberty55
  • #3,089
  • Sep 18, 2016 11:54pm Sep 18, 2016 11:54pm
hi

anyone positive in last week?
  • #3,090
  • Sep 19, 2016 12:22am Sep 19, 2016 12:22am
Quoting dimdel
hi anyone positive in last week?
I was not negative. Does that count?
Could not trade because my router died.
To free Gazans of Hamas, use whatever it takes.
  • #3,091
  • Sep 19, 2016 12:27am Sep 19, 2016 12:27am
Quoting DrDave
{quote} I was not negative. Does that count? Could not trade because my router died.
I had 3 wins last week. GY 4 hours. Was not trading much last week due to local holidays.

DD
  • #3,092
  • Sep 19, 2016 12:43am Sep 19, 2016 12:43am
Quoting DrDave
{quote} I was not negative. Does that count? Could not trade because my router died.
yes count

finally anyone with died router is the winner?
maybe this is the forex secret?
  • #3,093
  • Sep 19, 2016 12:44am Sep 19, 2016 12:44am
Quoting Dildubai
{quote} I had 3 wins last week. GY 4 hours. Was not trading much last week due to local holidays. DD
bravo dildubai

enjoy your holidays
  • #3,094
  • Sep 19, 2016 1:17am Sep 19, 2016 1:17am
Hi to all greenred trader, I' m finding a fibo ind with labelled prices. Anyone?
  • #3,095
  • Sep 19, 2016 5:19am Sep 19, 2016 5:19am
Quoting dimdel
hi anyone positive in last week?
http://www.forexfactory.com/showthre...18#post9142918
Okechukwu Jacob.C.
  • #3,096
  • Sep 19, 2016 7:17am Sep 19, 2016 7:17am
Quoting jacobokey12
{quote} http://www.forexfactory.com/showthre...18#post9142918
bravo jacobokey

as you see, if follow the green red you are positive, right?
  • #3,097
  • Sep 20, 2016 5:00am Sep 20, 2016 5:00am
42 Cool pips while I was away. Sell 132.64 TGT 132.22 met. 4HR am candle close trade triggered.
Thanks for this strategy Dimdel
  • #3,098
  • Sep 20, 2016 7:56am Sep 20, 2016 7:56am
Quoting Dildubai
42 Cool pips while I was away. Sell 132.64 TGT 132.22 met. 4HR am candle close trade triggered. Thanks for this strategy Dimdel
bravo dildubai
go on
  • #3,099
  • Sep 20, 2016 8:00am Sep 20, 2016 8:00am
if someone want follow my revenge system
please open a demo account
and subscribe here to copy free my orders
https://www.mql5.com/en/users/dimdel

or you can wait 1-2 months for more results
thanks
  • #3,100
  • Sep 20, 2016 2:30pm Sep 20, 2016 2:30pm
Quoting dimdel
if someone want follow my revenge system please open a demo account and subscribe here to copy free my orders https://www.mql5.com/en/users/dimdel or you can wait 1-2 months for more results thanks
Hello Dimdel,

Hope you well

Can you make a TE with this demo acct, would be easier to follow! many thanks!
FXE
"What would you attempt to do, if you knew your success was a certainty?"
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