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Price Action Trading with Indicators! The Freebie System

  • #8,701
  • Sep 27, 2016 10:26am Sep 27, 2016 10:26am
Another thing that comes to my mind is that I have the EA saved with a template and loaded the template on the chart....maybe some problems with magic number?

All my charts EA have the same magic number, but for the rest everything works fine.....
  • #8,702
  • Oct 10, 2016 11:43am Oct 10, 2016 11:43am
New UPDATES.

Yes Believe it or not work is still being done on this!!!

You will have to download trend-magic.ex4.
NOTE!!! You need to create a folder under Indicators. Go to your Indicators folder and create: Martingale_Candle.
Place trend-magic.ex4 in that folder. See the picture below for an illustration of what it looks like.

Two Trend options have been added.
trend_magic
_10ema_3TF

Give them all a try. Remember the indicators give u arrows that show where the trades would happen.
So use the indicators as a simple visual guide and of course the EAs take the actual trades at those spots.

As usual all the latest updates are also available at http://xm7.info/ea/freebie
Attached Image (click to enlarge)
Click to Enlarge Name: Indi_subFolder.jpg Size: 269 KB
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v40.ex4   133 KB | 256 downloads
File Type: ex4 xm7_Freebie3C_EA_v33.ex4   139 KB | 247 downloads
File Type: mq4 xm7_Freebie_Indicator_v22.mq4   56 KB | 335 downloads
File Type: mq4 xm7_Freebie3C_Indicator_v12.mq4   57 KB | 351 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,703
  • Oct 10, 2016 2:11pm Oct 10, 2016 2:11pm
Quoting xmess7
New UPDATES. Yes Believe it or not work is still being done on this!!! You will have to download trend-magic.ex4. NOTE!!! You need to create a folder under Indicators. Go to your Indicators folder and create: Martingale_Candle. Place trend-magic.ex4 in that folder. See the picture below for an illustration of what it looks like. Two Trend options have been added. trend_magic _10ema_3TF Give them all a try. Remember the indicators give u arrows that show where the trades would happen. So use the indicators as a simple visual guide and of course the...
Thanks.

I'll set up a demo tomorrow, I hope.
Any more information? What would be the decision making on those two options in regards to the Eas?


Thanks!
  • #8,704
  • Oct 10, 2016 4:31pm Oct 10, 2016 4:31pm
This is only part of a strategy I am thinking of employing. We want to see how the two new Trend options work out.

So far I favor the trend-magic using 3C. I have not setup an account yet but the indicator so far has yielded good observations. IT all depends on how if it all it repaints. I am not sure of that but if that is the case then I have an idea of how to mitigate the repaint to make it somewhat more solid.

The 10EMA_3TF is basically the DUCKS approach. If price is above the EMA on 3 TFs (15, 4H D1) then the trend is considered long. Vice versa for sell of course.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,705
  • Oct 14, 2016 6:19pm Oct 14, 2016 6:19pm
Here is what I have done with Magic. Had three trades two winners and one small stop loss.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 33 KB
  • #8,706
  • Oct 14, 2016 6:35pm Oct 14, 2016 6:35pm
Quoting keysharp
Here is what I have done with Magic. Had three trades two winners and one small stop loss. {image}
Thnx. Pls continue and in particular see if u can detect the hours that it is either very successful or the opposite, very unsuccessful. We r looking for estimates nothing exact.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,707
  • Oct 18, 2016 1:32am Oct 18, 2016 1:32am
Here is Tuesday morning. Took a trade and stacked twice. closed initial trade with a positive.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 34 KB
  • #8,708
  • Oct 19, 2016 6:21am Oct 19, 2016 6:21am
Alright Jess, it is Wednesday morning and this is the chart for the previous day.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 35 KB
  • #8,709
  • Oct 19, 2016 8:07am Oct 19, 2016 8:07am
Quoting keysharp
Alright Jess, it is Wednesday morning and this is the chart for the previous day. {image}
John:
Have you considered closing profitable trades after X number of stacks ?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,710
  • Oct 19, 2016 10:02am Oct 19, 2016 10:02am
Quoting xmess7
{quote} John: Have you considered closing profitable trades after X number of stacks ?
I do when I catch them.
  • #8,711
  • Oct 19, 2016 1:24pm Oct 19, 2016 1:24pm
If we have arrows shouldn't we have trades?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 38 KB
  • #8,712
  • Oct 19, 2016 2:05pm Oct 19, 2016 2:05pm
Quoting keysharp
If we have arrows shouldn't we have trades? {image}
Point taken... there should be an arrow there. I'll check the code in a bit.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,713
  • Oct 20, 2016 4:26am Oct 20, 2016 4:26am
The trade in the previous shot was closed manually for a small profit. But this is a shot of the third day. Is the Magic trend indicator working?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 38 KB
  • #8,714
  • Oct 20, 2016 9:14am Oct 20, 2016 9:14am
Quoting keysharp
The trade in the previous shot was closed manually for a small profit. But this is a shot of the third day. Is the Magic trend indicator working? {image}
It is probably repainting. Lwt me add a small delay to see if that will improvw operation. Stay tuned
Our AWESOME IMAGINATION is the true holy grail!
  • #8,715
  • Nov 1, 2016 9:54am Nov 1, 2016 9:54am
Following the comments. keep up the good work. Thanks and
Regards
  • #8,716
  • Nov 2, 2016 7:45am Nov 2, 2016 7:45am
ForexBrokers has merged with FX Choice.
  • #8,717
  • Nov 2, 2016 8:14am Nov 2, 2016 8:14am
Quoting keysharp
ForexBrokers has merged with FX Choice.
Ah!! Will ForexBrokers keep their leverage or adapts FXchoice's (500:1)?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,718
  • Nov 2, 2016 10:24am Nov 2, 2016 10:24am
Quoting xmess7
{quote} Ah!! Will ForexBrokers keep their leverage or adapts FXchoice's (500:1)?
I was set up with an account and it was 200. So I guess I will be removing funds.

Shame I don't have 50,00. The demo after 1.5 months has grown from 50,000 to 72,000. Not bad with a 200. OOps sorry this is with the Anti-trend EA.
  • #8,719
  • Nov 5, 2016 6:58am Nov 5, 2016 6:58am
The arrows look accurate. The trades taken do not.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 54 KB
  • #8,720
  • Nov 5, 2016 12:49pm Nov 5, 2016 12:49pm
John and anyone else for that matter.

For now I recommend you don't use the EAs. I been thinking and if you recall I had a GREAT run at the beginning of the year. I am considering going back the that early version and developing an approach with the use of time and some SMA considerations. I think I can get back into that winning formula.

I am currently keeping busy with several trade accounts and I am programming an approach for stocks on IB, Tradestation, TC2000. So, it's a little busy on this side.
I expect to be able to get some of this stuff done and come back to this approach. In my opinion the core approach has alot of merit. We are just getting screwed with the overall direction...

Anyhow stay tuned, I will be posting an updated version of that version that produced winners back at the beginning of the year.
Our AWESOME IMAGINATION is the true holy grail!
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